A 7,000 square-foot spec home in Bal Harbour is on the market for $6,930,000.

Located at 161 Camden Drive in a gated community, the asking price equates to $938 per square-foot, the highest price per square-foot on a dry lot in the ultra-wealthy village.

Designed by One D+B Miami/H2 Architecture, the 7,000-plus square-foot home will feature 7 bedrooms, 8.5 baths, an entry water garden, and a second story waterfall when complete later this year.

Moshe Goldshtein of Harding Realty has the listing.