$3,330,000
SOLD JUL 10, 2024

Palace at Bal Harbour 10101 Collins Ave Unit 8B Bal Harbour, FL 33154

Bal Harbour Neighborhood
2 Beds
3.5 Baths
3,110 Sq Ft
$4,184/mo HOA Fee

Recently Sold

$1,071 Per Sq Ft

5% Below List Price

10 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Clubhouse
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Fitness Center
  • Marble Flooring

About This Home

As of July 2024

Rarely available corner unit featuring over 3100 sq ft, marble flooring, 2 bedrooms, den, 3.5 bathrooms and live in quarters with separate entrance. Enjoy ocean and city views set amongst unparalleled luxury only offered at The Palace, located in the prestigious city of Bal Harbour. Plenty of space to add a third bedroom or continue to enjoy the current expansive layout. Secured elevator opens directly to your apartment foyer for a personalized experience. Full service building including front desk, valet, concierge, beach/ pool side service, restaurant, gym, spa, card room and more! Centrally located across from world renowned Bal Harbour Shoppes as well as walking distance to multiple places of worship.

Last Agent to Sell the Property

Brandon Ramos

Sustainable RE, LLC. License #3356087

Last Buyer's Agent

Philippe Cohen

Atlas Realty & Investments LLC License #3167012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,312

Year Built

  • Built in 1994

HOA Fees

  • $4,184 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 3,110 Sq Ft Home
  • Built-In Features

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Additional Features

  • Ocean Front
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-037-0250

Community Details

Overview

  • The Palace At Bal Harbour Condos
  • The Palace At Bal Harbour Subdivision
  • 21-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Center
  • Party Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,312

Year Built

Built in 1994

Lot Details

0

HOA Fees

$4,184 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PALACE AT BAL HARBOUR
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble, Vinyl
  • Furnished: Unfurnished
  • Living Area: 3110
  • Possible Use: Secondary
  • Stories: 21
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay, Direct Ocean, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE PALACE AT BAL HARBOUR
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 4184
  • Amenities: Clubhouse-Clubroom, Community Room, Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 12-22-26-037-0250
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 31312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 9, 2024
Sold by
Hannah Alper Revocable Trust and Waserstein Steve L
Bought by
Mj Palace Lp
Seller's Agent
Brandon Ramos
Sustainable RE, LLC.
Buyer's Agent
Philippe Cohen
Atlas Realty & Investments LLC
List Price
$3,500,000
Sold Price
$3,330,000
Premium/Discount to List
-$170,000
-4.86%
Total Days on Market
10
Views
9
Current Estimated Value
$3,407,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,357
Avg. Annual Appreciation
0.80%

Purchase Details

Closed on
Jun 22, 2022
Sold by
Sheila Kleiman
Bought by
Hannah Alper Revocable Trust

Purchase Details

Closed on
May 18, 1995
Sold by
Pru Shel Dev Ptnr
Bought by
Ehren Inv Inc

Map

About Palace at Bal Harbour

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,330,000 None Listed On Document
Special Warranty Deed $675,000 Waserstein & Nunez Pllc
Warranty Deed -- Waserstein & Nunez Pllc
Warranty Deed -- Waserstein & Nunez Pllc
Deed $550,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $3,330,000 -4.9% $1,071 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $3,500,000 -- $1,125 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

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
2024 $31,312 $2,027,168 -- --
2023 $31,312 $1,842,880 $0 $0
2022 $21,801 $1,190,310 $0 $0
2021 $19,048 $1,082,100 $0 $0
2020 $20,724 $1,176,200 $0 $0
2019 $28,862 $1,640,000 $0 $0
2018 $28,128 $1,639,680 $0 $0
2017 $29,637 $1,703,711 $0 $0
2016 $30,088 $1,620,782 $0 $0
2015 $29,198 $1,473,439 $0 $0
2014 $26,245 $1,339,490 $0 $0
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11592194

MIAMI REALTORS® MLS

APN: 12-2226-037-0250

Florida Miami/Dade County Bal Harbour 33154 Bal Harbour

10101 Collins Ave Unit 8B, Bal Harbour, FL

Homes for Sale in Bal Harbour, FL

This home is located at 10101 Collins Ave Unit 8B, Bal Harbour, FL 33154 and is currently priced at $3,330,000, approximately $1,070 per square foot. This property was built in 1994. 10101 Collins Ave Unit 8B is a home with nearby schools including Ruth K. Broad Bay Harbor K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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