The Ivory
The Ivory is Bay Harbor Islands' waterfront insider pick: a contemporary nine-story, 40-residence boutique at 9261 East Bay Harbor Drive, completed in 2017 and designed by BMA Arquitectos & Asociados. Where other island buildings treat the water as a view, The Ivory treats it as a lifestyle — private boat slips, direct bayfront and Intracoastal access, and an infinity-edge rooftop pool staring down Indian Creek toward the Atlantic. The one- to three-bedroom residences (980 to 3,369 square feet) feature open floor plans, Italian cabinetry, Bosch appliances, and expansive terraces, several with rare unobstructed east views of the water....
The Ivory
The Ivory is Bay Harbor Islands' waterfront insider pick: a contemporary nine-story, 40-residence boutique at 9261 East Bay Harbor Drive, completed in 2017 and designed by BMA Arquitectos & Asociados. Where other island buildings treat the water as a view, The Ivory treats it as a lifestyle — private boat slips, direct bayfront and Intracoastal access, and an infinity-edge rooftop pool staring down Indian Creek toward the Atlantic. The one- to three-bedroom residences (980 to 3,369 square feet) feature open floor plans, Italian cabinetry, Bosch appliances, and expansive terraces, several with rare unobstructed east views of the water. With an active resale market (recent sales around $880,000–$1,150,000) and a rental market that even permits short-term rentals, The Ivory serves buyers, investors, and tenants alike.
The Ivory Frequently Asked Questions
❯ Do residences come with boat slips?
Private boat slips are one of The Ivory's signature amenities — and select resales have even included a coveted slip in the purchase price, a rarity that materially boosts value for boating buyers. With bayfront, Intracoastal, and ocean access from the building's waterfront position, slip holders get the full South Florida boating program without a separate marina membership.
❯ What's for sale, and at what prices?
The resale market is active but tight — typically just a handful of listings at a time. Recent recorded sales include a 2-bedroom-plus-den at $1,150,000 and a 3-bedroom at $880,000, with the building trading around $657–$853 per square foot. Listings have ranged from the high $900Ks to about $1.35 million for larger or view-oriented units.
❯ Can owners rent out their units short-term?
Notably, yes — the building's profile indicates short-term rentals are allowed, along with subletting, which is exceptional among Bay Harbor Islands' boutique condos. That flexibility makes the building genuinely interesting for investors, though buyers should always verify current association rental rules and any minimum-stay requirements before purchasing as an investment.
❯ What are the views like?
East-facing residences capture direct, unobstructed views of Indian Creek and the Atlantic Ocean — among the best view corridors on the island's east side. The rooftop infinity pool and lounge deck share the same orientation, with sightlines toward Bal Harbour. Balconies run generous, with some approaching 400 square feet of private terrace.
❯ What amenities and services are included?
A sophisticated lobby with concierge/front-desk attendant, a state-of-the-art fitness center, the infinity-edge rooftop pool with spacious deck and lounge, barbecue areas, private boat slips, elevator, central air, and controlled access. Residences include in-unit washers and dryers, storage, and typically two parking spaces.
❯ How does The Ivory compare to The Palms?
The two are natural rivals — similar vintage (2017 vs. 2018), similar boutique scale, both with rooftop pools. The Ivory leans waterfront-luxury: nine stories, boat slips, ocean views, and short-term rental flexibility. The Palms leans family-friendly value: 42 residences, a lower price per square foot, and walkability to the A-rated K-8. Boaters and investors tend toward The Ivory; families toward The Palms. Also worth a look: St Regis Apartments, a classic 1965 waterfront condo at an even more accessible price point.
Key Facts
- Address: 9261 East Bay Harbor Drive, Bay Harbor Islands, FL 33154
- Neighborhood: Bay Harbor Islands, Miami (bayfront/Intracoastal)
- Architect: BMA Arquitectos & Asociados
- Stories: 9
- Residences: 40 (1–3 bedrooms, 980–3,369 sq. ft.)
- Completion: 2017
- Waterfront: Private boat slips; bayfront, Intracoastal, and ocean access
- Markets: Active resale (~$657–$853/sq. ft.) and rental markets; short-term rentals permitted per building profile
An Investor-Friendly Outlier
The short-term rental allowance is the detail that changes The Ivory's buyer math. Most Bay Harbor Islands boutiques restrict leasing to long-term tenants with association approval; a building that permits short-term rentals and sublets opens the door to vacation-rental income on one of Miami's most supply-constrained islands. Combined with boat slips and genuine ocean views, it is a combination no other building in this slice offers — which is exactly why resale inventory here stays thin.
Living on the Water at The Ivory
For end users, the appeal is simpler: wake up to Indian Creek and the Atlantic, swim in an infinity pool that seems to pour into the bay, and walk to Bay Harbor Islands' beaches, Bal Harbour Shops, and top-rated schools. The 2017 construction delivers modern systems and impact glass, while the 40-residence scale keeps the building quiet. It is waterfront condo living with the volume turned up — and the boat slip to prove it.
Explore our comprehensive list of New and Pre-Construction, A Class Office Space, and Most Expensive Neighborhoods.
Also Check Out These Useful Links:
Miami Dade County Appraiser Property Search
Broward County Property Appraiser Property Search
WPB County Property Appraiser Property Search
