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Bay Harbor Islands, FL Real Estate Guide

Developers rediscovered Bay Harbor Islands in the last decade, and the two low-rise islands now carry more boutique bayfront new construction than anywhere comparable in the county — small buildings, big terraces, and often a private dock downstairs. Older co-ops keep entry prices honest, the K-8 school pulls in families, and Bal Harbour Shops is one short bridge away.

Bay Harbor Islands Market Snapshot

Every figure below is computed from closed MLS transactions in Bay Harbor Islands over the trailing twelve months — what buyers and tenants actually paid, not asking prices — and refreshes continuously.

131
Homes sold, last 12 months
$800K
Median sale price
$525
Median price per sqft
121 days
Median time on market
282
Leases signed, last 12 months
$3,125/mo
Median rent achieved
$3
Median rent per sqft
52 days
Median time to lease
Homes Sold per Month
5Oct11Nov14Dec4Jan8Feb13Mar8Apr18May14Jun13Jul16Aug3Sep
Median Sale Price per Month
$2.7M$355KOctNovDecJanFebMarAprMayJunJulAugSep
Median Sale Price by Bedrooms
BedroomsSalesMedian price
1 bd22$350,000
2 bd63$650,000
3 bd28$1,765,000
4 bd11$3,400,000
5+ bd6$7,900,000
Sales by Property Type
TypeSalesMedian price
Condominium115$770,000
Single Family Residence9$6,150,000
Stock Cooperative4$251,750
Townhouse3$900,000
12-Month Sales Trend
MonthHomes soldMedian price
Oct 20255$355,000
Nov 202511$860,000
Dec 202514$665,000
Jan 20264$621,318
Feb 20268$685,000
Mar 202613$750,000
Apr 20268$635,000
May 202618$2,681,000
Jun 202614$860,000
Jul 202613$690,000
Aug 202616$665,000
Sep 20263$450,000
Median Rent by Bedrooms
BedroomsLeasesMedian rent
Studio4$1,675/mo
1 bd93$2,100/mo
2 bd146$4,000/mo
3 bd24$5,500/mo
4 bd8$10,500/mo
5+ bd7$11,000/mo

Two Islands, One Boom

Shepard Broad dredged these two islands into existence in the 1940s and built his own toll causeway to reach them; eighty years later they host the most concentrated boutique-condo construction wave in South Florida. The West Island remains a protected grid of single-family streets, while the East Island — multifamily-zoned since its founding — is trading its 1950s walk-ups for a generation of low-slung luxury projects, La Mare, Alma, Mila, Solina, Origin and the Well among them, none taller than the town's modest height limit.

Why here? The answer is a triangle drawn in minutes: the A-rated K-8 sits on the island itself, the Broad Causeway reaches the mainland in five, and Kane Concourse crosses Indian Creek straight into Bal Harbour's beach and Shops. Families get a town where children bike to school and the police force is local, positioned at one of the most convenient junctions on the coast. The construction years mean cranes and staging — and they also mean this small town will emerge with newer housing stock per resident than anywhere in the county.

East Island Condos, West Island Homes

The East Island market runs in three currents: surviving mid-century co-ops and rental buildings that form the shrinking value tier, the first modern projects of the 2010s, and the current luxury wave, where bay-facing units with private dockage now trade in Miami Beach territory. Orientation carries real weight on such narrow land — west lines over the open bay catch the skyline sunset, east lines face Bal Harbour's towers across Indian Creek, and interior lines price the difference.

The West Island holds one of the tightest house markets in Miami-Dade: a small, walkable grid of original ranches and increasingly ambitious replacements, with a limited waterfront rim along the bay and the creek. School-driven family demand keeps it perpetually undersupplied. A candid accounting matters here — the islands own no beach, depend on one causeway, and will live with construction for years — yet those same constraints explain exactly why values have moved the way they have.

The Broad Causeway Advantage

Bay Harbor Islands sits suspended between mainland and beach, and both are minutes away. The Broad Causeway — with a resident toll discount — lands near Biscayne Boulevard in North Miami; Kane Concourse runs the other direction into Bal Harbour, with Surfside's Harding Avenue shops and Haulover's marina just beyond. Both airports fall around thirty-five minutes out. Within town, life is honestly bikeable — school, parks and the causeway path — and Kane Concourse's small business strip is filling in with cafés and galleries as the new buildings deliver their residents.

Buying a Home in Bay Harbor Islands

Buying in Bay Harbor Islands starts with understanding what drives its market: small-building bayfront new construction with private docks. Benchmark the segment you're shopping with the bedroom and property-type tables above, then open the live map search to see everything currently available — every listing links straight to full photos, details and an inquiry line to a licensed Florida broker.

Financed purchases in South Florida typically close in 30–45 days, while cash can close in as little as two weeks. Condo purchases usually add an association-approval step, and properties near the water carry insurance considerations worth pricing before you offer — both are routine in Bay Harbor Islands transactions when planned early.

Renting in Bay Harbor Islands

Rentals move faster than sales — well-priced Bay Harbor Islands units are often signed within weeks, and most annual leases require first month, last month and a security deposit up front. The rent tables above show what tenants actually committed to by bedroom count over the last year; the live rental search shows every home and condo currently offered.

Featured Listings in Bay Harbor Islands

See every home for sale →

Things to Do & Places to See in Bay Harbor Islands

The Broad Causeway path

The town's own bridge doubling as its favorite walking and running route over open bay water.

Bal Harbour Shops

The islands' effective town center for retail and dining, minutes east across Kane Concourse.

The island park system

Pocket greens and tot lots threaded through both islands, including the 92nd Street park.

Surfside and Bal Harbour beaches

The Atlantic one short bridge away — residents treat the sand as their own.

Indian Creek waterway

The channel between the islands and the beach — paddleboard water with the famously private island upstream.

Haulover Park

Marina, kite fields and the sandbar scene a short drive up Collins.

Kane Concourse

The islands' main street of banks, galleries and an expanding café row.

Dining in Bay Harbor Islands

Cafe Ragazzi

Surfside's enduring Italian, effectively the islands' neighborhood trattoria.

Carpaccio

The Bal Harbour Shops power lunch, directly across the concourse.

Makoto

Destination Japanese at the Shops, minutes from any island address.

Josh's Deli

The pastrami pilgrimage two minutes east in Surfside.

26 Sushi & Tapas

The kosher standard-bearer for the islands' observant households.

The Kane Concourse strip

The town's own emerging run of coffee shops and neighborhood kitchens.

Schools in Bay Harbor Islands

Ruth K. Broad Bay Harbor K-8 Center
Public

The A-rated K-8 located on the island itself — the town's single strongest draw for families.

Miami Beach Senior High
Public

The assigned public high school across the creek on the barrier island.

RASG Hebrew Academy
Private

The nearby Jewish day school serving many island families.

Miami Country Day School
Private

The mainland PK-12 independent, an easy causeway commute west.

School attendance boundaries change — always verify a specific address's assigned schools with Miami-Dade County Public Schools (or the relevant district) and confirm private-school admissions directly before relying on them in a purchase decision.

Condo Neighborhoods in Bay Harbor Islands

Bay Harbor Islands Real Estate FAQ

Is Bay Harbor Islands a good place to buy a home?

Bay Harbor Islands is known for small-building bayfront new construction with private docks, and that identity anchors long-term demand. Judge the market by the numbers on this page — actual closed sales, the median sale price, and how long homes took to sell over the trailing twelve months.

What is the median home price in Bay Harbor Islands?

The market snapshot above shows the current 12-month median sale price for Bay Harbor Islands, along with price per square foot and medians broken out by bedroom count and property type — all computed from closed MLS sales, refreshed continuously rather than quoted from stale reports.

Should I buy a condo or a house in Bay Harbor Islands?

The property-type table above shows how Bay Harbor Islands sales split between condos, single-family homes and townhomes, and what each segment's median ran over the last year. Condos add monthly association dues and a board-approval step; houses carry their own insurance and maintenance. Every property type has its own live search page linked below.

How do I see every home for sale in Bay Harbor Islands?

Use the Bay Harbor Islands map search — every active MLS listing in the city, updated continuously, with the city boundary drawn on the map and filters for property type, bedrooms and price.

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