NOT LISTED FOR SALE

Estimated Value: $3,609,000 - $4,782,000

3 Beds
3.5 Baths
3,110 Sq Ft
1994 Built

Sale Details

Date Sold: August 3, 2023

Last sale price $3,900,000 $1,254 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $25,709 / mo

54 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Tennis Courts
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • End Unit
  • Billiard Room

About This Home

As of August 2023

A True Gem 3 BEDROOMS 3 1/2 BATHS located in 1 of the most prestigious buildings in Bal Harbour. Luxurious, Modern & elegant - totally remodeled. No words to describe the finest lines of this exquisite design. Featuring; Private elevator foyer entry, Breathless ocean views with oversized balcony, top of the line appliances, gourmet kitchen and Incredibly generous walk-in closets. White sandy beach with turquoise water is just an elevator ride away! Steps from the world known luxurious Bal Harbour Shops and Harding district. Amenities include a full-size tennis court, basketball hoop, heated pool , beach service, spa with hot tub and sauna, fitness center, restaurant, and much more. CHCK OUT THE 3D VIRTUAL TOUR Unit is rented at $17,000 PM until August 9th 2023.

Last Agent to Sell the Property

Nicole Bouhadana

Beachfront Realty Inc License #3020848 Listed on: 03/03/2023

Beachfront Realty Inc

Co-Listed By

Eva Bouhadana

Beachfront Realty Inc License #3226889

Last Buyer's Agent

Nacim Montanez

Miami Residence Inc. License #3142959

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,322

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • Ocean Front
  • End Unit

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

  • Garden

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,110 Sq Ft Home
  • Partially Furnished
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Intercom Access

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • TV Antenna

Additional Features

  • Accessible Elevator Installed
  • Property has ocean access

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-037-0070

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Community
  • The Palace Condos
  • The Palace At Bal Harbour Subdivision
  • 20-Story Property

Amenities

  • Trash Chute
  • Billiard Room
  • Secure Lobby
  • Elevator

Recreation

  • Shuffleboard Court

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $3,503

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,322

Year Built

Built in 1994 | Remodeled

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: ROBR01
  • Co List Office Phone: 305-405-0615
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PALACE AT BAL HARBOUR
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Cooking Island, Elevator, Entrance Foyer, Other, Pantry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Tile
  • Furnished: Partially Furnished
  • Living Area: 3110
  • Other Equipment: TV Antenna, Elevator, Intercom
  • Possible Use: Primary
  • Stories: 20
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Formal Dining
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View, Intracoastal View, Ocean View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Palace
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Elevator Secure, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Amenities: Bike Storage, Billiard Room, Elevator(s), Exercise Room, Other, Shuffleboard, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 12-22-26-037-0070
  • Land Lease Amount Frequency: Annually
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 20322

Multi Family

  • Maintenance Expense: 3503

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Aug 1, 2023
Sold by
Bought by
Seller's Agent
Nicole Bouhadana
Beachfront Realty Inc
Buyer's Agent
Nacim Montanez
Miami Residence Inc.
List Price
$4,200,000
Sold Price
$3,900,000
Premium/Discount to List
-$300,000
-7.14%
Views
49
Current Estimated Value
$3,992,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,396
Avg. Annual Appreciation
0.78%
Original Mortgage
$2,925,000
Outstanding Balance
$2,787,141
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$1,205,255

Purchase Details

Listed on
Jul 10, 2015
Closed on
Nov 5, 2015
Sold by
Bought by
Seller's Agent
Inna Mladenovic
Compass Florida, LLC
Buyer's Agent
Judith Flores
Specialist Realty Group Inc
List Price
$2,350,000
Sold Price
$2,100,000
Premium/Discount to List
-$250,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
Oct 14, 2014
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 1996
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,900,000 None Listed On Document
$2,100,000 Attorney
-- Attorney
$900,000 --
$600,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,925,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2023 08/03/23 Sold $3,900,000 -7.1% $1,254 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $4,200,000 0.0% $1,350 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $4,200,000 0.0% $1,350 / Sq Ft
08/12/2022 08/12/22 Rented $17,000 0.0% --
05/27/2022 05/27/22 For Rent $17,000 +88.9% --
08/06/2018 08/06/18 Under Contract -- -- --
08/01/2018 08/01/18 Rented $9,000 -14.3% --
06/26/2018 06/26/18 Price Changed $10,500 -25.0% $3 / Sq Ft
02/12/2018 02/12/18 Price Changed $14,000 -6.7% $5 / Sq Ft
12/22/2017 12/22/17 For Rent $15,000 0.0% --
11/04/2015 11/04/15 Sold $2,100,000 -10.6% $675 / Sq Ft View Prior Sale
07/10/2015 07/10/15 For Sale $2,350,000 -- $756 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $45,440 $2,710,110
2024 $25,405 $2,710,110
2023 $25,405 $1,283,689 $0 $0
2022 $21,379 $1,166,990 $0 $0
2021 $18,680 $1,060,900 $0 $0
2020 $20,322 $1,153,100 $0 $0
2019 $28,670 $1,629,000 $0 $0
2018 $27,952 $1,629,359 $0 $0
2017 $29,224 $1,679,752 $0 $0
2016 $31,424 $1,768,160 $0 $0
2015 $32,071 $1,768,160 $0 $0
2014 $25,879 $1,320,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11351185

MIAMI REALTORS® MLS

APN: 12-2226-037-0070

Your Personal Tour Guide

Ask me questions while you tour the home.