New Ritz-Carlton Bal Harbour Residences Target $125M Sale
The ultra-luxury tower aims to set a new Miami-area record, with penthouses commanding over $5,000/sqft.

Ultra-exclusive oceanfront enclave. Where luxury knows no limits.
This exclusive village of just 3,000 residents offers Miami's most prestigious oceanfront condominiums, world-renowned shopping, and an uncompromising standard of luxury.
Browse available luxury properties. Filter by price, bedrooms, and more.
Loading Bal Harbour listings...
Get exclusive access to pocket listings and pre-market properties.
Real-time luxury market data for informed investment decisions
Bal Harbour represents the absolute pinnacle of Miami's luxury real estate hierarchy. This meticulously maintained village—just half a square mile with a permanent population of roughly 3,000 residents—commands the highest average sale prices in Miami-Dade County and consistently ranks among the most expensive zip codes in Florida. At its heart sits the legendary Bal Harbour Shops, an open-air luxury retail destination featuring Chanel, Gucci, Prada, Cartier, and virtually every marquee brand in the world, generating over $3,000 in sales per square foot annually. The residential landscape is equally rarefied. Iconic oceanfront towers including Oceana Bal Harbour, The St. Regis Residences, and the Ritz-Carlton have redefined ultra-luxury coastal living with full-floor residences, private elevator foyers, and direct beach access. Penthouses in these buildings regularly trade above $20 million, with record-setting units surpassing $60 million. The village enforces strict development codes and low-density zoning, ensuring uncrowded beaches, unobstructed ocean views, and an atmosphere of quiet exclusivity that larger neighboring communities simply cannot match. Beyond the condominiums, Bal Harbour offers a curated lifestyle: private beach clubs with cabana service, white-glove building concierges, proximity to Aventura Mall for everyday shopping, and easy access to Fort Lauderdale-Hollywood International Airport in under 20 minutes. For ultra-high-net-worth buyers seeking an address that signals arrival—where discretion, privacy, and oceanfront grandeur converge—Bal Harbour stands alone in the Miami market.
Miami's most exclusive village with the highest property values.
Bal Harbour Shops: the world's premier luxury shopping destination.
Wide, uncrowded beaches with dedicated services and cabanas.
Just 3,000 residents in a meticulously maintained village.
Thinking of selling your luxury property in Bal Harbour? Find out what your home is worth.
Get Your Home ValuationLooking for your dream home in Bal Harbour? Take our personalized home search quiz.
Start Your Home Search QuizHyper-local insight on Bal Harbour listings, pricing, and off-market opportunities.
| Property Type | Price Range |
|---|---|
| Ultra-Luxury Towers | $8M - $60M+ |
| Oceanfront Condominiums | $3M - $15M |
| Penthouse Collection | $20M - $100M+ |
| Single-Family Homes | $5M - $20M |
The ultra-luxury tower aims to set a new Miami-area record, with penthouses commanding over $5,000/sqft.
The ambitious expansion plan blends luxury retail growth with community-focused housing, reshaping the village's development landscape.
Preconstruction in Bal Harbour commands record per-square-foot pricing as the village cements its position atop Miami's luxury hierarchy.
Discover what each of Miami's premier communities has to offer

Mediterranean elegance

Bayfront estates & charm

Family estates & top schools

Walkable bayfront village
Quick answers about Bal Harbour real estate, living, and investment.
Work with a Miami luxury real estate specialist. Access exclusive listings and off-market opportunities in Bal Harbour.