Water's Edge House
286 Bal Bay Drive, Bal Harbour, FL 33154
Folio 1222260470001
- Year built
- 1954
- Residences
- 11
- Building area
- 16,473 sq ft
- Median residence
- 1,428 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $550,000 · Mar 2023
- Median sale (10 yr)
- $857,500
- Recorded transfers
- 37
Water's Edge House is a 11-residence boutique condominium building at 286 Bal Bay Drive, in Bal Harbour, completed in 1954. It has a median residence of 1,428 square feet.
The recorded market runs to 12 arms-length sales since 2009, an annual turnover rate of 5.5 percent of the building over the past decade, and a median of $387 per square foot. Across 4 same-unit resales, a small sample, 100 percent sold above their prior recorded price, with a median gain of 39 percent over a median hold of 5.6 years.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Apr 2009. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Mar 2023 | 5 | 976 sf | $550,000 | ✓ |
| Mar 2022 | 2C | 1,363 sf | $1,700,000 | ✓ |
| Mar 2022 | 1C | 1,449 sf | $1,700,000 | ✓ |
| Jul 2021 | 3C | 1,428 sf | $725,000 | ✓ |
| Apr 2021 | 3A | 2,389 sf | $990,000 | ✓ |
| Sep 2018 | 4 | 676 sf | $260,000 | ✓ |
| Sep 2014 | 4 | 676 sf | $205,000 | ✓ |
| Apr 2014 | 3C | 1,428 sf | $470,000 | ✓ |
| Mar 2014 | 2A | 2,389 sf | $930,000 | ✓ |
| Sep 2013 | 3A | 2,389 sf | $900,000 | ✓ |
| Oct 2012 | 3A | 2,389 sf | $595,000 | ✓ |
| Nov 2011 | 1A | 1,900 sf | $342,500 | ✓ |
| Aug 2009 | 2A | 2,389 sf | $264,000 |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 24 nominal-consideration paper transfers omitted.
Considering a move at Water's Edge House?
Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.
Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.