Gather all ingredients. Stir balsamic vinegar and honey together in a small saucepan and place over high heat.

Bring to a boil, reduce heat to low, and simmer until mixture has reduced to 1/3 cup, about 10 minutes. Set aside to cool.

Arrange alternating slices of tomato and mozzarella decoratively on a serving platter.

Sprinkle with salt and black pepper, tuck basil leaves around slices, and drizzle with olive oil and the balsamic reduction.