Home » Properties » 145 Bal Bay Dr, Bal Harbour FL 33154

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Charming Single-Story Home in Exclusive Bal Harbour Village

Recently renovated 3-bedroom, 4-bath single-family home in guard-gated Bal Harbour, near luxury shopping and beaches.

$8,500,000

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MLS #A11916871

Listing Updated: 2026-08-01 18:33:22

Listed By: One Sotheby's International Realty

Overview

This rare single-story residence in Bal Harbour Village offers a blend of charm and privacy on an 11,210 sqft lot. Built in 1962 and recently updated, the home features three bedrooms and four bathrooms, ideal for comfortable living or potential redevelopment. Located just steps from world-class beaches, luxury shopping, and fine dining, this property presents a unique opportunity to live in one of Miami’s most prestigious neighborhoods. The circular driveway and garage conversion add convenience and character to this exclusive home, making it a versatile choice for discerning buyers.

Property Highlights

Exclusive guard-gated community, 3 bedrooms, 4 bathrooms, 3764 sqft living space, 11,210 sqft lot, recently renovated, circular driveway, close to luxury amenities and beaches.

Property Details

City: Bal Harbour

State: FL

Zip Code: 33154

Address: 145 Bal Bay Dr, Bal Harbour FL 33154

Year Built: 1962

Property Type: Residential

Property Sub Type: Single Family Residence

Listing Office Name: One Sotheby's International Realty

County: Miami-Dade County

Garage Spaces: 0

Parking Features: Circular Driveway

Interior Features: First Floor Entry, Garage Converted

Exterior Features: Other

Waterfront: No

Pool: No

HOA Fee: $500

Annual Tax: $73,188

Days On Market: 199 Days

Original Listing Description

Rare opportunity in the exclusive, guard-gated Bal Harbour Village. Just steps from 5-star hotels, world-class beaches, luxury shopping, and celebrated dining, this recently renovated single-story home offers charm, privacy, and exceptional value. Situated on an 11,210 SF lot, the property features a beautifully updated residence that can be enjoyed as-is or redeveloped into a custom dream home in one of Miami’s most prestigious neighborhoods. A prime offering in the vibrant Bal Harbour community—this is Village living at its finest.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

145 Bal Bay Dr, Bal Harbour FL 33154

About This Neighborhood

Bal Harbour Village is a distinguished community known for its upscale lifestyle and security. Residents enjoy easy access to world-class beaches and high-end retail at Bal Harbour Shops. The neighborhood combines tranquility with convenience, offering a peaceful residential environment close to Miami’s vibrant cultural and recreational hubs. Its guard-gated status ensures privacy and safety, attracting discerning homeowners who value exclusivity and refined living.

Walkability & Lifestyle

The property’s location in Bal Harbour Village ensures excellent walkability to nearby beaches, upscale shopping centers, and fine dining establishments. Residents can enjoy leisurely strolls to cultural venues, parks, and waterfront areas. The community’s design promotes a pedestrian-friendly environment, enhancing daily convenience and lifestyle quality.

Things To Do Nearby

Bal Harbour offers a variety of leisure activities including beach outings, boating, and golfing nearby. The Bal Harbour Shops provide luxury retail and dining experiences, while local parks and marinas support outdoor recreation. Cultural events and nightlife in nearby Miami add to the diverse lifestyle options available to residents.

Nearby Schools

Bal Harbour offers convenient access to reputable schools in the Miami area, providing families with quality educational options. The neighborhood’s location allows for manageable commutes to both public and private institutions, supporting a balanced lifestyle for residents with school-age children. Educational access is an important consideration for buyers relocating to the area.

Why Buyers Like This Area

Buyers appreciate Bal Harbour for its blend of exclusivity, security, and proximity to Miami’s premier amenities. The neighborhood’s serene environment combined with access to world-class beaches and shopping makes it a desirable place to live. The property’s spacious layout and recent renovations align well with the preferences of those seeking comfort and potential customization.

Investment Potential

This Bal Harbour single-family residence offers a unique opportunity for buyers seeking a prestigious location with strong appeal. The property's proximity to luxury shopping, renowned beaches, and fine dining enhances its desirability. While the home is move-in ready, the sizable lot also provides potential for redevelopment, appealing to those looking to customize a dream residence. Seasonal demand and the exclusive nature of the neighborhood contribute to steady interest from tenants and buyers alike, making it a practical choice for various ownership goals.

Market Trends

The Bal Harbour real estate market remains attractive due to limited inventory and sustained demand for luxury properties. Buyers are drawn to the area’s combination of privacy, prime location, and access to premium amenities. Recent renovations and well-maintained homes in this community tend to hold their appeal over time, reflecting a stable market with long-term interest from both local and international buyers.

Rental Income Potential

Properties in Bal Harbour benefit from consistent tenant interest, especially given the neighborhood’s proximity to beaches and luxury shopping. Seasonal demand peaks during high tourism periods, making it appealing for short-term rentals or vacation stays. The home’s size and condition enhance its rental usability, offering flexibility for various tenant profiles. While rental income can fluctuate, the location supports steady occupancy potential.