Own Bal Harbour & Surfside · Bay Harbor Islands

Ivory Residence

9261 E Bay Harbor Dr · Built 2017 · 9 floors · 40 residences

1 for sale
For sale
1
1 pending · 12.0 mo supply
Median asking
$995K
from $995K
Median $/sqft
$762/sqft
$728/sqft sold, 12 mo
Days on market
5
159 to sell · 1 in 12 mo
Ivory Residence
Listing photo · courtesy of Coldwell Banker Realty · MLS #A12030089

Ivory Residence is a waterfront condominium on East Bay Harbor Drive in Bay Harbor Islands, part of the Bal Harbour and Surfside area. Developed by Brick O. Real Estate and completed in 2017, it has 9 floors and 40 residences.

The building sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance on federally backed or regulated mortgages. It is in Miami-Dade hurricane evacuation zone B. The lowest street beside the building is 1.4 ft above the highest tide predicted for 2026 at Virginia Key.

The Car-Free Index is 0, and the nearest Publix is 500 m away in a straight line. Three active tower construction sites are within 1 km, one of them within 500 m.

On the 2025 tax roll, 13% of the 40 units carry a homestead exemption and 68% are owned by a company or trust. One resale deed was recorded in the 12 months to October 21, 2026. Financeability is rated limited, at 35 of 100. A public records check run on October 21, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher.

Live near more of Miami

What surrounds Ivory Residence: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Bal Harbour & Surfside is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Bal Harbour ShopsSurfside BeachHaulover ParkKane ConcourseBal Harbour Beach PathSurfside Community Center
73
/ 100
A−
own.miami Score

A data-grounded score for Ivory Residence from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value78
$790/sqft — vs. Bal Harbour & Surfside condos, then all of Miami
Momentum50
Recent price trend
Liquidity38
24.0 months of supply · 43 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age81
Built 2017 — vs. Bal Harbour & Surfside buildings
own.miami Condo Index
109At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#294 of 698 tracked Miami condos
Top 42% by price per sq ft
#36 of 76 in Bal Harbour & Surfside
Momentum
→ Steady
$790/sqft median ask
Liquidity
Balanced
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Ivory Residence; bars are closings per month.

$608$699$791Jan 2024May 2024Nov 2024Apr 2025Nov 2025Jun 2026

Location

Nearby buildings within half a mile.

Building facts

Address
9261 E Bay Harbor Dr
Year built
2017
Floors
9
Residences
40
Developer
Brick O. Real Estate
Waterfront
Yes

Amenities

  • · Rooftop pool
  • · Gym
  • · Hot tub
  • · Front desk attendant
  • · Boat slips

Building rules

Parking
The building offers assigned parking spaces, with some units including two assigned spaces.

Special assessments & recertification outlook

Clear

Public records checked Oct 30, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 2017 — its first 25-year structural milestone inspection is due around 2042

Estimated from Ivory Residence’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Ivory Residence: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

35Limited financing
Mortgages recorded, 12 months
1
1 from banks and credit unions · purchases and refinances
Sales bank-financed
—
1 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 1

Medium confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Bal Harbour & Surfside

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 9.0 ft (NGVD29).
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
3.6 ft
Lowest nearby street
2.4 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.4 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Ivory Residence cost?+

There are 1 condos for sale at Ivory Residence, from $995,000, with a median asking price of $995,000 ($762/sqft).

How much are the HOA fees at Ivory Residence?+

HOA / maintenance fees at Ivory Residence run around $1,670 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Ivory Residence a waterfront building?+

Yes — Ivory Residence is a waterfront building (Bal Harbour & Surfside).

When was Ivory Residence built?+

Ivory Residence was built in 2017, 9 stories, 40 residences.

Who developed Ivory Residence?+

Ivory Residence was developed by Brick O. Real Estate.

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