$5,750,000
SOLD DEC 23, 2024

Bal Harbour Tower 9999 Collins Ave Unit 16K Bal Harbour, FL 33154

4 Beds
5.5 Baths
5,070 Sq Ft
$6,420/mo HOA Fee

Recently Sold

$1,134 Per Sq Ft

17% Below List Price

357 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Furnished
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Marble Flooring
  • Community Spa

About This Home

As of December 2024

This 4-bed, 5.5-bath oasis at Bal Harbour Tower was meticulously renovated in 2021, spanning over 5000 SF with 2000 SF of terraces and breathtaking three-way views of the ocean, downtown Miami, and bay. Extensive amenities include the highest level of building security with keyed direct elevator access, private restaurant and bar, Olympic-sized pool and beach club services, staffed gym and spa, and Pilates room. This “Mansion in the Sky” offers the features of a large single-family home: maids room with laundry and full bath, walk-in pantry, private home gym, and direct access to servant areas. The home also features top-of-the-line appliances and whole-home Savant-Lutron automation. This is a rare opportunity to own an immaculately-updated residence in a coveted location in Bal Harbour.

Last Agent to Sell the Property

Bohdan Mastykaz

Compass Florida, LLC License #3231797 Listed on: 12/20/2023

Compass Florida, LLC

Last Buyer's Agent

Leonor Ortiz

Compass Florida, LLC. License #3024358

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $56,112

Year Built

  • Built in 1990

HOA Fees

  • $6,420 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,070 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Ocean Views
  • Dryer

Kitchen

  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-034-1060

Community Details

Overview

  • Bal Harbour Tower Condos
  • Bal Harbour Tower Condo Subdivision
  • 25-Story Property

Amenities

  • Doorman
  • Elevator
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$56,112

Year Built

Built in 1990

Lot Details

0

HOA Fees

$6,420 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BAL HARBOUR TOWER CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator
  • Interior Amenities: Cooking Island, Entrance Foyer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Furnished
  • Living Area: 5070
  • Possible Use: Unknown/Withheld
  • Stories: 25
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BAL HARBOUR TOWER
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 6420
  • Amenities: Elevator(s), Other, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 12-22-26-034-1060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 56112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Dec 23, 2024
Sold by
9999 Collins Apt 16K Land Trust and Kohan Richard L
Bought by
White George and White Joni
Seller's Agent
Bohdan Mastykaz
Compass Florida, LLC
Buyer's Agent
Leonor Ortiz
Compass Florida, LLC.
List Price
$6,890,000
Sold Price
$5,750,000
Premium/Discount to List
-$1,140,000
-16.55%
Views
77
Current Estimated Value
$5,420,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$329,259
Avg. Annual Appreciation
-10.34%

Purchase Details

Listed on
Sep 17, 2019
Closed on
Mar 25, 2020
Sold by
Howard Elsie Sterling and Howard Elsie Sterling
Bought by
Kohan Richard L and The 9999 Collins Apt 16K Land
Seller's Agent
Vicki Miller
Coldwell Banker Realty
Buyer's Agent
Brett Harris
Bespoke Real Estate Florida LLC
List Price
$4,590,000
Sold Price
$3,400,000
Premium/Discount to List
-$1,190,000
-25.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%

Purchase Details

Closed on
Jul 22, 2019
Sold by
Howard Elsie Sterling
Bought by
Sterling Howard Elsie

Purchase Details

Closed on
Feb 25, 2019
Sold by
City National Bank Of Florida
Bought by
Sterling Howard Elsie and Howard Eugene Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 12, 2006
Sold by
Bedzow Benjamin and Bedzow Bessie
Bought by
City Of National Bank Of Florida
Source: Public Records

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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 $5,305,000 Attorneys Key Title
Warranty Deed $5,305,000 Attorneys Key Title
Warranty Deed $3,400,000 Attorney
Interfamily Deed Transfer -- Attorney
Deed -- Attorney
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $5,750,000 -9.4% $1,134 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
11/26/2024 11/26/24 Price Changed $6,350,000 -7.8% $1,252 / Sq Ft
10/28/2024 10/28/24 Price Changed $6,890,000 0.0% $1,359 / Sq Ft
10/28/2024 10/28/24 For Sale $6,890,000 +19.8% $1,359 / Sq Ft
10/20/2024 10/20/24 Off Market $5,750,000 -- --
10/01/2024 10/01/24 For Sale $6,999,000 +21.7% $1,380 / Sq Ft
05/31/2024 05/31/24 Off Market $5,750,000 -- --
05/09/2024 05/09/24 Price Changed $6,999,000 -7.9% $1,380 / Sq Ft
03/21/2024 03/21/24 For Sale $7,599,000 0.0% $1,499 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $7,599,000 -5.0% $1,499 / Sq Ft
12/20/2023 12/20/23 For Sale $7,995,000 +135.1% $1,577 / Sq Ft
04/01/2020 04/01/20 Off Market $3,400,000 -- --
03/24/2020 03/24/20 Sold $3,400,000 -10.5% $671 / Sq Ft
01/24/2020 01/24/20 Price Changed $3,800,000 -17.2% $750 / Sq Ft
09/17/2019 09/17/19 For Sale $4,590,000 -- $905 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $61,953 $3,090,095 -- --
2024 $58,450 $3,536,333 -- --
2023 $58,450 $3,214,849 $0 $0
2022 $50,312 $2,922,590 $0 $0
2021 $46,385 $2,656,900 $0 $0
2020 $33,190 $1,931,982 $0 $0
2019 $32,507 $1,888,546 $0 $0
2018 $31,081 $1,853,333 $0 $0
2017 $30,874 $1,815,214 $0 $0
2016 $30,897 $1,777,879 $0 $0
2015 $31,313 $1,765,521 $0 $0
2014 $31,907 $1,751,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11502185

MIAMI REALTORS® MLS

APN: 12-2226-034-1060