Own Bal Harbour & Surfside · Bay Harbor Islands

Monterey

9240 W Bay Harbor Dr · Built 1969 · 7 floors · 18 residences

Recently sold (2)
For sale
0
0 pending
Sold, 12 months
1
2 recorded sales
Last sale
$805K
Nov 10, 2025
Last sale, per sqft
$383/sqft
$383/sqft sold, 12 mo
Monterey
Listing photo · courtesy of Douglas Elliman · MLS #A11875588
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1 sold in the last 12 months. Get an email the moment a unit lists here — and our team will reach out so you can move first.

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Monterey is a boutique condominium building featuring only 18 units. The property is situated in a desirable area near Indian Creek Island, offering views of Biscayne Bay, the City Skyline, and the Indian Creek golf course.

The building provides residents with various amenities, including a bayfront pool, a sauna, and a billiards room. Additional features include a BBQ area, a car charging station, and dedicated storage for bicycles and paddleboards.

Waterfront access is available through a boat dock. The building is located in a neighborhood with proximity to local schools and offers views of the surrounding bay and skyline.

Live near more of Miami

What surrounds Monterey: 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
77
/ 100
A−
own.miami Score

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

Value75
$383/sqft — vs. Bal Harbour & Surfside condos, then all of Miami
Momentum50
Recent price trend
Liquidity94
0.0 months of supply
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age12
Built 1969 — vs. Bal Harbour & Surfside buildings
own.miami Condo Index
92At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#409 of 698 tracked Miami condos
Top 59% by price per sq ft
#52 of 76 in Bal Harbour & Surfside
Momentum
→ Steady
$383/sqft median ask
Liquidity
Hot
See the full Condo Index →

Inventory

Sold $/sqft trend

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

$176$444$712Feb 2024Aug 2024Feb 2025Jul 2025Sep 2025Nov 2025

Location

Nearby buildings within half a mile.

Building facts

Address
9240 W Bay Harbor Dr
Year built
1969
Floors
7
Residences
18
Waterfront
Yes

Amenities

  • · Bayfront pool
  • · Billiards
  • · Sauna
  • · Paddleboard & bike storage
  • · Car charging station
  • · Climate controlled storage room
  • · Boat dock

Building rules

Parking
The building includes 2 parking spots per unit and a car charging station.

Special assessments & recertification outlook

Elevated

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

  • Built 1969 — past its first structural milestone; next inspection around 2034

Estimated from Monterey’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 Monterey: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

Not enough recorded loans

No bank mortgages recorded here in the last two years. That is not a verdict on the building — many condos trade for cash — only the absence of a signal.

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: 8.0 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
4.5 ft
Lowest nearby street
3.1 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 2.1 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

Is Monterey a waterfront building?+

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

When was Monterey built?+

Monterey was built in 1969, 7 stories, 18 residences.

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