NOT LISTED FOR SALE

The Balmoral Condos 9801 Collins Ave Unit 16W Bal Harbour, FL 33154

Estimated Value: $1,410,514 - $1,757,000

2 Beds
2 Baths
1,688 Sq Ft
$1,662/mo HOA Fee

Last Sold May 19, 2023

Last sale price $1,400,000 $829 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,114/month

10 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Heated Community Pool
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Fitness Center
  • Billiard Room

About This Home

As of May 2023

Most Desirable Line! Unit 16W with Stunning Ocean Views

This stunning 2 bedroom, 2 bathroom condo for sale at Balmoral in Bal Harbour, FL offers the added convenience of a den and a Murphy bed, providing extra sleeping space for guests. With 1,688 square feet of living space, this unit is the most desirable line in the building, boasting breathtaking views of the ocean and the renowned Bal Harbour Shops.

The master suite is a true oasis, offering ample room for a king-sized bed, a large walk-in closet, and a luxurious en-suite bathroom.

While this unit is being sold as is, it offers tremendous potential for customization and upgrades. Additionally, the building is currently undergoing major renovations, ensuring that residents will enjoy updated amenities and a refreshed look.

Last Agent to Sell the Property

Iris Green

FIP Realty Services, LLC License #3305141 Listed on: 04/10/2023

FIP Realty Services, LLC

Last Buyer's Agent

Michael Rafalowicz

Douglas Elliman License #3292667

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,739

Year Built

  • Built in 1977

HOA Fees

  • $1,662 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 16th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,688 Sq Ft Home
  • Built-In Features
  • Formal Dining Room
  • Den
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-023-3510

Community Details

Overview

  • High-Rise Condominium
  • Balmoral Condos
  • Balmoral Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 21-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Laundry Facilities
  • Bike Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,739

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,662 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Google Directions
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BALMORAL CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Built-in Features, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1688
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Stories: 21
  • Bedroom Features: Entry Level, Primary Bath Tub
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View, Other View, Skyline
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BALMORAL
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet, No Rv/Boats, No Trucks/Trailers

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: 1662
  • Amenities: Bike/Jog Path, Bike Storage, Billiard Room, Business Center, Laundry, Community Room, Elevator(s), Exercise Room, Heated Pool, Pool, Private Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 12-22-26-023-3510
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11739

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 17, 2023
Sold by
Esnico Llc
Bought by
Ching Yu Ku Family Trust
Seller's Agent
Iris Green
FIP Realty Services, LLC
Buyer's Agent
Michael Rafalowicz
Douglas Elliman
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$1,519,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,379
Avg. Annual Appreciation
3.42%
Original Mortgage
$1,259,860
Outstanding Balance
$1,210,977
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$308,402

Purchase Details

Closed on
Aug 14, 2015
Sold by
Coifman Niusic and Coifman Esther
Bought by
Esnico Llc

Purchase Details

Closed on
Jul 31, 2014
Sold by
Niesco Trading Corp
Bought by
Coifman Niusic and Coifman Esther

Purchase Details

Closed on
Jul 25, 2014
Sold by
Coifman Niusic and Coifman Esther
Bought by
Niesco Trading Corp
Source: Public Records

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 Buyer Sale Price Title Company
Ching Yu Ku Family Trust $1,400,000 Partners Land Services
Ching Yu Ku Family Trust $1,400,000 Partners Land Services
Esnico Llc -- Attorney
Coifman Niusic -- Attorney
Niesco Trading Corp -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ching Yu Ku Family Trust $1,259,860
Closed Ching Yu Ku Family Trust $1,259,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $1,400,000 0.0% $829 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $1,400,000 -- $829 / 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 $17,793 $978,347 -- --
2024 $14,153 $1,034,194 -- --
2023 $14,153 $683,795 $0 $0
2022 $12,228 $621,632 $0 $0
2021 $12,262 $680,823 $0 $0
2020 $11,959 $672,750 $0 $0
2019 $14,426 $897,000 $0 $0
2018 $11,905 $686,372 $0 $0
2017 $11,842 $672,914 $0 $0
2016 $12,098 $672,914 $0 $0
2015 $11,243 $611,740 $0 $0
2014 $9,657 $509,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11369913

MIAMI REALTORS® MLS

APN: 12-2226-023-3510