NOT LISTED FOR SALE

Palace at Bal Harbour 10101 Collins Ave Unit PHE Bal Harbour, FL 33154

Estimated Value: $5,222,000 - $7,316,000

4 Beds
4.5 Baths
7,380 Sq Ft
1994 Built

Sale Details

Date Sold: March 22, 2019

Last sale price $5,000,000 $678 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $47,705 / mo

246 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Media Room
  • Clubhouse

About This Home

As of March 2019

This incredible 7380 SF unit runs the entire east side of The Palace offering 180 degree views of Bal Harbour waterfront and beaches. Absolutely stunning multi million dollar renovation combining both PH units into one spectacular 4 bedroom home featuring enormous living room with built in bar, to die for chef’s kitchen with butler pantry, separate formal dining room, large family/media room, massive master suite with incredible master bath all facing the ocean. Lutron lighting with full AV media system to operate the apartment. 4 parking spaces, storage and 210 SF poolside cabana included in the sale. There isn’t a better apartment or deal in Bal Harbour — there is nothing else like it! Furniture is available for sale.

Last Agent to Sell the Property

Liz Hogan

Compass Florida, LLC License #3045004 Listed on: 05/30/2018

Compass Florida, LLC

Last Buyer's Agent

Stephanie Jourdan Pedron

Consultants Immobilier Inc License #3377957

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $115,185

Year Built

  • Built in 1994

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $5,944 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Entry on the 21st floor

Interior Spaces

  • 7,380 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Built-In Features
  • Electric Shutters
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Media Room
  • Den
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

Outdoor Features

  • Property has ocean access

Location

  • East of U.S. Route 1

Schools

  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-037-0880

Community Details

Overview

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

Amenities

  • Clubhouse
  • Community Center
  • Party Room
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Secure Elevator
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$115,185

Year Built

Built in 1994

Lot Details

0 Sq Ft Lot

HOA Fees

$5,944 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 21
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PALACE AT BAL HARBOUR
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Refrigerator, Wall Oven
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Entrance Foyer, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Great Room, Media Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 7380
  • Possible Use: Unknown/Withheld
  • Stories: 21
  • Window Features: Electric Shutters, Blinds, Drapes, High Impact Windows
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Media Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

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

Garage/Parking

  • Park Building Name: The Palace at Bal Harbour
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Elevator Secure, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 5944
  • Amenities: Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 12-22-26-037-0880
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 115185

Multi Family

  • Maintenance Expense: 5944

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Mar 20, 2019
Sold by
Papitto Barbara A
Bought by
Miamiam Llc
Seller's Agent
Liz Hogan
Compass Florida, LLC
Buyer's Agent
Stephanie Jourdan Pedron
Consultants Immobilier Inc
List Price
$6,800,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,800,000
-26.47%
Current Estimated Value
$6,287,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,287,392
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
Jun 26, 2013
Sold by
Rubal Of Bal Harbour Corp
Bought by
Papitto Ralph R and Papitto Barbara A

Purchase Details

Closed on
Apr 17, 1995
Sold by
Pru & Shel Dev Ptnr
Bought by
Rubal Bal Harbou Corp

Purchase Details

Closed on
Nov 2, 1994
Sold by
Pru Shel Dev Ptnr
Bought by
Brighton Realty Inv Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Miamiam Llc $5,000,000 Alliant Title And Escrow
Papitto Ralph R $2,750,000 Attorney
Rubal Bal Harbou Corp $979,500 --
Brighton Realty Inv Inc $950,800 --
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
Previous Owner Brighton Realty Inv Inc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $5,000,000 -15.3% $678 / Sq Ft
11/05/2018 11/05/18 Price Changed $5,900,000 -9.1% $799 / Sq Ft
09/17/2018 09/17/18 Price Changed $6,490,000 -4.6% $879 / Sq Ft
05/29/2018 05/29/18 For Sale $6,800,000 -- $921 / 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
2025 $98,749 $5,928,579 -- --
2024 $93,484 $5,389,618 -- --
2023 $93,484 $4,899,653 $0 $0
2022 $80,533 $4,454,230 $0 $0
2021 $70,555 $4,049,300 $0 $0
2020 $70,745 $4,049,250 $0 $0
2019 $94,488 $5,399,000 $0 $0
2018 $92,105 $5,399,160 $0 $0
2017 $115,185 $6,698,880 $0 $0
2016 $112,883 $5,807,092 $0 $0
2015 $58,731 $2,815,703 $0 $0
2014 $47,587 $2,559,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Liz Hogan

    Seller's Agent in 2019

    Liz Hogan

    Compass Florida, LLC

    (305) 804-9700

    2 in this area

    280 Total Sales

    Liz Hogan
    Section Image
  • Stephanie Jourdan Pedron

    Buyer's Agent in 2019

    Stephanie Jourdan Pedron

    Consultants Immobilier Inc

    (786) 208-1133

    10 Total Sales

    Stephanie Jourdan Pedron
    Section Image
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About Palace at Bal Harbour

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10477036

MIAMI REALTORS® MLS

APN: 12-2226-037-0880

Florida Miami/Dade County Bal Harbour 33154

10101 Collins Ave Unit PHE, Bal Harbour, FL

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