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9261 Bay Harbor Dr, Unit 407
+17 more
$1.1M

The Ivory Residence Unit 407

9261 Bay Harbor Dr, Unit 407 • Bay Harbor Islands, FL 33154

at The Ivory Residence

Beds
3
Baths
2
Living Area
1,305 SF
Price / SF
$881
HOA / Monthly
$1,594
Days on Market
135

About This Unit

TURN-KEY RESIDENCE in Bay Harbor Islands, fully equipped and featuring modern furniture, premium wood-look ceramic floors, custom lighting project, and lots of built-ins and upgrades. Exceptional VALUE - HOA includes cable and internet, with one of the lowest maintenance fees in the area. Enjoy a SPECTACULAR ROOFTOP POOL WITH STUNNING VIEWS to Bal Harbour and Indian Creek. This unit offers 1,305 sqft of living area and nearly 400 sqft of balconies. The Ivory is a new building with boat slips, close to A-rated public school, Bal Harbour Shops, top restaurants/cafés and the beach. 2 ASSIGNED PARKING SPACES and a LARGE STORAGE included. New ultra-luxury building next door LA BAIA just delivered, adding SIGNIFICANT VALUE to the area. Walking distance to synagogue. * A RARE OPPORTUNITY *

Pricing at The Ivory Residence — $881/sqft
The Ivory Residence Unit 407 is listed at $881/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at The Ivory Residence.
Time on Market — 135 days
The Ivory Residence Unit 407 has been on the market for 135 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $1,160,000. Reduced to $1,150,000 on Jan 10, 2026 (after 62 days on market) — -0.9% (−$10,000).
Estimated Monthly Cost
Mortgage (P&I)
$6,245
HOA
$1,594
Property Tax
$1,070
Total / mo
$8,909
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.12%. HOA $1.22/sqft · All-in $6.83/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 2017 (9 years old).
Verify all of the above with the HOA before closing.
Unit: 407
Year Built: 2017
Stories: 8
City: Bay Harbor Islands
Postal Code: 33154
HOA Fee: $1,594 / Monthly
View: Canal, Garden View, Other View, Water View
Waterfront: No
Private Pool: No
Heating: Other
Cooling: Central Air
Days on Market: 135
Listed: November 10, 2025
MLS #: A11907860

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Coldwell Banker Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11907860 • Updated Mar 25, 2026 • Photos uploaded 35 days ago.