$17,500,000
SOLD JUN 21, 2024
4 Beds
7 Baths
7,442 Sq Ft
$12,339/mo HOA Fee

Recently Sold

$2,352 Per Sq Ft

15% Below List Price

189 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Fitness Center
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Community Cabanas
  • Newly Remodeled

About This Home

As of June 2024

Rare opportunity in Bal Harbour’s most coveted building to customize a one-of-a-kind direct oceanfront residence in the sky. Expansive corner unit complete with APPROVED plans and permits for a spacious 7,442sqft space that feels like a single-family home, featuring 4-bedrooms with private gym, office, entertaining bar, plus 2 additional staff rooms. Floor to ceiling walls of glass open up to an incredible wraparound terrace showcasing over 2,300sqft of outdoor space overlooking unobstructed views of the ocean and bay. The possibilities are boundless, with Oceana residents gaining access to unrivaled amenities and community including concierge beach service, resort style pool, spa, tennis, restaurant, 24/7 concierge and security – all within reach of the best dining, shopping, top schools.

Last Agent to Sell the Property

Ethan Assouline

Douglas Elliman License #3469537

Douglas Elliman

Co-Listed By

Ruthie Assouline

Douglas Elliman License #3470533

Last Buyer's Agent

Monica Cohan

MC Miami Realty LLC License #3506956

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $198,248

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $12,339 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Assigned Parking

Property Views

Interior Spaces

  • 7,442 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

Additional Features

  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-050-0130

Community Details

Overview

  • Oceana Bal Harbour Condos
  • Oceana Bal Harbour Condo Subdivision
  • 28-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Billiard Room
  • Business Center

Recreation

  • Community Basketball Court
  • Community Cabanas
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$198,248

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$12,339 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Entry Level: 20
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEANA BAL HARBOUR CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Concrete, Other
  • Furnished: Unfurnished
  • Living Area: 7442
  • Possible Use: Unknown/Withheld
  • Stories: 28
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Ocean View, Direct Ocean
  • Exterior Features: Other, Tennis Court(s)
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Oceana Bal Harbour
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces, Assigned, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 12339
  • Amenities: Basketball Court, Bike/Jog Path, Billiard Room, Business Center, Cabana, Exercise Room, Heated Pool, Private Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 12-22-26-050-0130
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 198248

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Jun 21, 2024
Sold by
Bal Harbour Condo-H Trust and Bal Harbour Condo-W Trust
Bought by
Oceana 1402N Llc
Seller's Agent
Ethan Assouline
Douglas Elliman
Buyer's Agent
Monica Cohan
MC Miami Realty LLC
List Price
$20,500,000
Sold Price
$17,500,000
Premium/Discount to List
-$3,000,000
-14.63%
Total Days on Market
189
Views
76
Current Estimated Value
$12,928,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,571,121
Avg. Annual Appreciation
-28.30%

Purchase Details

Listed on
Jun 15, 2020
Closed on
Mar 17, 2022
Sold by
Obh 2001 Llc
Bought by
Bal Harbour Condo-H Trust and Bal Harbour Condo-W Trust
Seller's Agent
Allan Kleer
One Sotheby's International Re
Buyer's Agent
Fabian Garcia-Diaz
One Sotheby's International Re
List Price
$19,950,000
Sold Price
$17,950,000
Premium/Discount to List
-$2,000,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.13%

Purchase Details

Closed on
Feb 22, 2017
Sold by
Consultatio Bal Harbour Llc
Bought by
Obh 2001 Llc

Map

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
Warranty Deed $17,500,000 None Listed On Document
Warranty Deed $17,950,000 Shutts & Bowen Llp
Special Warranty Deed $8,529,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $17,500,000 -14.6% $2,352 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
10/25/2023 10/25/23 For Sale $20,500,000 +14.2% $2,755 / Sq Ft
03/25/2022 03/25/22 Sold $17,950,000 -5.3% $2,412 / Sq Ft
07/16/2021 07/16/21 Price Changed $18,950,000 -5.0% $2,546 / Sq Ft
06/15/2020 06/15/20 For Sale $19,950,000 -- $2,681 / 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 $253,806 $16,569,861 -- --
2023 $253,806 $15,063,510 $0 $0
2022 $198,248 $10,531,682 $0 $0
2021 $180,696 $9,574,257 $0 $0
2020 $202,295 $11,605,160 $0 $0
2019 $206,973 $11,842,000 $0 $0
2018 $212,355 $12,465,400 $0 $0
2017 $120,647 $6,975,400 $0 $0
2016 $15,803 $802,660 $0 $0
2015 $15,461 $858,460 $0 $0
2014 $15,884 $858,460 $0 $0
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11460429

MIAMI REALTORS® MLS

APN: 12-2226-050-0130