Atlantic Luxury Advisors
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7 photos

1125 97th St #501

Bay Harbor Islands, FL 33154

$2,150,000
2
2.5
2,123 sq ft
2026
2 car
Condominium
$2,930/mo
3
Active

Listing courtesy of Compass Florida, LLC (Andrew Rotondaro). Contact: [email protected].

About this home

Discover the best-priced luxury boutique new development in exclusive Bay Harbor Islands. MILA, designed by renowned architect Kobi Karp, is an intimate collection of just 9 signature residences offering exceptional privacy, sophisticated design, and outstanding value. With only 1–2 residences per floor, MILA offers private elevator entry, expansive living spaces, and generous terraces with beautiful sunset and city views. Refined finishes include Miele appliances, Snaidero kitchens and vanities, TOTO toilets, and Graff plumbing fixtures. Ideally positioned on a quiet interior street just minutes from Bal Harbour Shops, Surfside Beach, parks, world-class dining, and top-rated schools. Residents enjoy a secure smart-access lobby and exceptional rooftop amenities featuring a resort-style pool, wellness areas, and summer kitchens. A rare opportunity to own brand-new luxury construction in one of Miami’s most exclusive low-rise island communities. Private presentations available by appointment.

What it costs to own
Estimated monthly payment
$18,393/mo
Principal and interest
$10,872
Property tax
$3,249
Homeowners insurance
$1,342
HOA
$2,930

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$38,993/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$2,930/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.