arts
South Florida’s top deals: Bal Harbour property trades for $26M
By Mary Diduch, Veronica Udell at The Real Deal
· June 17, 2026
· 1 min read
🏆 Residential: Bal Harbour had the top home sale recorded in South Florida. An LLC led by smartphone mogul Samuel Ohev-Zion sold a home at 166 Bal Bay Drive for $26 million. The buyer was a company managed by Moses Strauss, a real estate investor, and interior designer Susan Strauss. Douglas Ellima
Key takeaway An LLC led by smartphone mogul Samuel Ohev-Zion sold a home at 166 Bal Bay Drive for $26 million.
Why this matters in The Miami
The recent sale of a Bal Harbour property for $26 million reflects the ongoing demand for luxury real estate in Miami-Dade County. This transaction, which more than doubles the property's value from its 2024 sale price of $16.5 million, suggests that investors remain confident in the area's high-end market. The fact that the seller had planned a $45 million spec mansion for the site indicates the potential for significant redevelopment in the area, which could impact the character of neighborhoods like Bal Harbour and nearby Miami Beach. As the county continues to attract wealthy buyers and investors, it will be worth watching how these transactions shape the local landscape and potentially drive up property values in surrounding areas, such as Little Havana and Wynwood, which are already experiencing gentrification pressures.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: arts ·
Published: June 17, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? 🏆 Residential: Bal Harbour had the top home sale recorded in South Florida. An LLC led by smartphone mogul Samuel Ohev-Zion sold a home at 166 Bal Bay Drive for $26 million. The buyer was a company managed by Moses Strauss, a real estate investor, and interior designer Susan Strauss. Douglas Ellima
When was this published? This article was first published on June 17, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Mary Diduch, Veronica Udell at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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