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Waterfront Community · Bay Harbor Islands, FL
Homes in Bay Harbour Island that are under contract or pending sale.
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Currently Pending · 1
About Bay Harbour Island
Bay Harbour Island is a waterfront community in Bay Harbor Islands, Miami-Dade County, Florida. Active listings are priced from $425,000 to $1,400,000. Homes were built between 1967 and 2021. Pure Equity Realty lists homes in Bay Harbour Island for 1% commission and represents buyers at no cost.
Currently Pending in Bay Harbour Island
A home in Bay Harbour Island goes pending once a buyer and seller agree to terms and the sale moves toward closing. Pending homes are not final, and a deal can still change during inspections, financing, or the appraisal, but pending activity is a useful read on demand because it shows what buyers are committing to now rather than what sellers are asking. When homes in Bay Harbour Island go under contract quickly, competition is strong and buyers should be ready to move. When they sit before going pending, there is usually more room to negotiate. Because pending status turns over as deals close or fall through, the best read on Bay Harbour Island is a live one. Pure Equity Realty can tell you what is currently under contract, what recently closed, and what is still available to buy before it goes pending.
Homes & Architecture
Recent listings in Bay Harbour Island have offered 1 bedroom and 2.5 baths. Living areas are around 980 square feet. The mix here includes condo homes. Current prices run from $425,000 to $1,050,000.
Market & Value
Recent activity is the clearest guide to value in Bay Harbour Island. The median list price in Bay Harbour Island is around $450,000, or roughly $818 per square foot. That sits about 25% below the Miami-Dade County median, which shows where Bay Harbour Island lands in the local market. Recent asking prices have run from $425,000 to $1,050,000, so the home you choose within Bay Harbour Island matters as much as the community average. Homes here have recently taken about 141 days to go under contract, a useful gauge of how quickly the Bay Harbour Island market is moving. For pricing an offer or a listing, comparable sales within Bay Harbour Island carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity Realty can pull the active and recently sold homes in Bay Harbour Island so you work from real numbers, not an estimate.
Who It Suits
Whether Bay Harbour Island fits you comes down to how you plan to live here. Bay Harbour Island appeals to boaters and buyers who want to be on the water, whether a canal, lake, or the Intracoastal. Waterfront homes carry their own insurance and maintenance considerations, so factor wind and flood coverage into the budget from the start. On price, Bay Harbour Island lands in the middle of the market, a common fit for move-up buyers and full-time residents. Whether Bay Harbour Island is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity Realty can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Waterfront homes here offer canal, lake, or Intracoastal frontage, and some sites include private dockage.
Location
Bay Harbour Island sits in Bay Harbor Islands, part of Miami-Dade County, Florida. Residents are close to the shopping, dining, schools, and parks of the Bay Harbor Islands area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Bay Harbour Island
Watching Bay Harbour Island for your next home? The buying process here is the one used across Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Bay Harbor Islands means you see new listings in Bay Harbour Island the day they reach the market.
Selling in Bay Harbour Island
If recent activity in Bay Harbour Island has you thinking about selling, it starts with pricing the home correctly for current conditions. List prices in Bay Harbour Island currently center around $450,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Bay Harbour Island owners in Bay Harbor Islands, so you can see what your property could sell for before you commit to listing.
Frequently Asked Questions
Public Records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Miami-Dade County Property Appraiser
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
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