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$78 million waterfront mansion in Bal Harbour has just re‑entered Miami’s luxury market, according to The Post. The glass‑clad property first appeared on the market in November 2024 at the same price and again in March, but it now joins a roster of high‑end listings that keep the region’s upscale segment humming. While lower‑tier homes face headwinds, the area still sees eight‑ and nine‑figure deals, such as a $200 million partially finished home in Indian Creek and a $185 million potential teardown in Palm Beach that both hit the market last week.
The estate sits on a roughly 1‑acre lot that once housed a small multifamily development. Its 150‑foot waterfront frontage and 42‑foot ceilings make it one of Bal Harbour’s tallest residences. Owner Mark Fisher, founder of the proprietary trading firm MBF Trading, bought the parcel for $9 million in 2013, demolished the existing building, and leveraged the generous zoning to construct the home in 2017. Fisher now seeks a larger compound about 40 minutes west, spanning almost 15 acres.
Represented by Jill and Danny Hertzberg of Coldwell Banker Realty, the listing showcases 10,729 sq ft of interior space across three floors. A 42‑foot‑high foyer opens to a layout that includes nine bedrooms and 11 full baths. Retractable glass walls create seamless indoor‑outdoor flow, while a rooftop terrace offers 360‑degree views of Biscayne Bay and Bal Harbour. The terrace is stocked with a chess board, putting green, shuffle board, home theater, basketball court, Jacuzzi, and two heated saltwater pools. The third floor houses a gym, home office, and game room, all added without sacrificing living space.
Fisher explains that the property’s height allowed for a “pretty incredible” gym, office, and game room on the top level, while the lower floors retain ample living areas. “We were able to build higher,” he told The Post, “so we have a third floor that has a pretty incredible gym, home office and game room, without taking away so much space from the house.”
Bal Harbour itself is a gated enclave on the northern tip of Miami Beach, home to just over 3,000 residents. The community boasts an open‑air luxury mall, a large yacht marina, and a reputation that attracted Brazilian soccer star Neymar, who purchased a $26 million home there last October. The median listing price in the area is $2.8 million, with homes typically staying on the market for about 121 days.
Fisher notes that the area’s convenience and exclusivity have spurred many to demolish older homes and build extraordinary residences. “I think people recognized how special it is and how convenient it is,” he said. “I think that’s what’s made a lot of people tear down houses and build pretty extraordinary residences.”
Living just a hundred yards from the beach, Fisher describes the gated community as “thriving” and the location as “what could be better than that?” He plans to relocate his family to the larger compound west of Bal Harbour, where they will continue to enjoy the luxury and privacy the area offers.
