$3,400,000
SOLD APR 15, 2024

One Bal Harbour 10295 Collins Ave Unit 506 Bal Harbour, FL 33154

2 Beds
2.5 Baths
2,009 Sq Ft
$3,300/mo HOA Fee

Recently Sold

$1,692 Per Sq Ft

3% Below List Price

48 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Bar or Lounge
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Community Cabanas
  • Sauna

About This Home

As of April 2024

Welcome to your new ocean front home in Bal Harbour. A luxurious fully furnished condo in one of the most desirable buildings in Bal Harbour. Unit features 2 bed 2 1/2 baths. Spacious layout with direct ocean and Bayfront views, offers a private foyer and elevator, separate laundry room, ample storage. Beautifully decorated and outfitted with latest appliances.
Enjoy all the amenities of a 5 star residences: private beach and infinity pool access, restaurant and room service, concierge services, luxury spa, 24 hour valet & more. ALL THREE SPECIAL ASSESSMENTS TO BE PAID BY THE SELLER at closing (1~concrete restoration, 2~balcony restoration, 3~lobby & amenities restoration). Dues - $9900 paid quarterly & this amount reflects the new 2024 increase. Occupied & available June 1/ 2024

Last Agent to Sell the Property

Alexis Mason

Florida Realty of Miami Corp License #3501765 Listed on: 02/26/2024

Florida Realty of Miami Corp

Last Buyer's Agent

Teo Palmieri

Elite Ocean View Realty LLC License #3066859

Elite Ocean View Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,389

Year Built

  • Built in 2007

Lot Details

  • Ocean Front
  • Home fronts a canal

HOA Fees

  • $3,300 Monthly HOA Fees

Parking

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

Property Views

Interior Spaces

  • 2,009 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Electric Shutters
  • Entrance Foyer
  • Great Room
  • Family Room
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • <<builtInOvenToken>>
  • Gas Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Unrestricted saltwater access
  • Enclosed Glass Porch

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-044-1010

Community Details

Overview

  • 184 Units
  • High-Rise Condominium
  • Obh Condos
  • 10295 Collins Ave Resdnta Subdivision
  • Car Wash Area
  • 26-Story Property

Amenities

  • Doorman
  • Sauna
  • Trash Chute
  • Bar or Lounge
  • Community Storage Space

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,389

Year Built

Built in 2007

Lot Details

0

HOA Fees

$3,300 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 5
  • 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: 10295 COLLINS AVE RESDNTA
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Bar, Built-in Features, Cooking Island, Custom Mirrors, Elevator, Entrance Foyer, Laundry Tub, Pantry, Walk-In Closet(s), Family Room, Garage Converted, Great Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 2009
  • Possible Use: Unknown/Withheld
  • Stories: 26
  • Window Features: Electric Shutters
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Living Room Features: Family Room, Garage Converted, Glassed Porch, Great Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Canal, Ocean View
  • Exterior Features: East Of Us1, Open Balcony
  • Patio And Porch Features: Open Balcony, Glass Enclosed
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OBH
  • 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
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 9900
  • Amenities: Bar, Cabana, Storage, Heated Pool, Pool, Private Pool, Sauna, Spa/Hot Tub, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 12-22-26-044-1010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Number Of Units In Community: 184
  • Number Of Units Total: 184

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 29389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Apr 10, 2024
Sold by
506 Obh Partners Llc
Bought by
Luxlife Properties Llc
Seller's Agent
Alexis Mason
Florida Realty of Miami Corp
Buyer's Agent
Teo Palmieri
Elite Ocean View Realty LLC
List Price
$3,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$100,000
-2.86%
Views
29
Current Estimated Value
$3,198,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$201,743
Avg. Annual Appreciation
-4.70%
Original Mortgage
$2,000,000
Outstanding Balance
$1,973,785
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,224,472

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 8, 2023
Sold by
Brickellmax Llc
Bought by
506 Obh Partners Llc
Seller's Agent
Fernando Alpern
EXP Realty LLC
Buyer's Agent
Alexis Mason
Florida Realty of Miami Corp
List Price
$2,790,000
Sold Price
$2,300,000
Premium/Discount to List
-$490,000
-17.56%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.20%

Purchase Details

Listed on
Nov 1, 2011
Closed on
Jun 14, 2012
Sold by
Todd Galina
Bought by
Brickellmax Llc
Seller's Agent
Linda Gustafson
MMLS Assoc.-Inactive Member
Buyer's Agent
Linda Gustafson
MMLS Assoc.-Inactive Member
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Source: Public Records

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Range of Values:

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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 $3,400,000 Trans State Title
Warranty Deed -- None Listed On Document
Warranty Deed $2,300,000 None Listed On Document
Warranty Deed $1,400,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $1,100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $3,400,000 -2.9% $1,692 / Sq Ft
02/26/2024 02/26/24 For Sale $3,500,000 +52.2% $1,742 / Sq Ft
08/08/2023 08/08/23 Sold $2,300,000 -7.8% $1,145 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $2,495,000 -5.8% $1,242 / Sq Ft
06/26/2023 06/26/23 Price Changed $2,650,000 -5.0% $1,319 / Sq Ft
06/13/2023 06/13/23 For Sale $2,790,000 0.0% $1,389 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $2,790,000 -3.5% $1,389 / Sq Ft
05/05/2023 05/05/23 Price Changed $2,890,000 -2.0% $1,439 / Sq Ft
04/19/2023 04/19/23 Price Changed $2,950,000 -7.5% $1,468 / Sq Ft
04/17/2023 04/17/23 Price Changed $3,190,000 -1.8% $1,588 / Sq Ft
03/31/2023 03/31/23 Price Changed $3,250,000 -4.3% $1,618 / Sq Ft
03/27/2023 03/27/23 Price Changed $3,395,000 +1.5% $1,690 / Sq Ft
03/21/2023 03/21/23 Price Changed $3,345,000 -1.5% $1,665 / Sq Ft
03/01/2023 03/01/23 Price Changed $3,395,000 -1.6% $1,690 / Sq Ft
02/15/2023 02/15/23 Price Changed $3,450,000 -2.8% $1,717 / Sq Ft
11/03/2022 11/03/22 Price Changed $3,550,000 -1.1% $1,767 / Sq Ft
10/19/2022 10/19/22 Price Changed $3,590,000 -1.6% $1,787 / Sq Ft
09/29/2022 09/29/22 Price Changed $3,650,000 -2.7% $1,817 / Sq Ft
09/08/2022 09/08/22 Price Changed $3,750,000 -3.8% $1,867 / Sq Ft
07/18/2022 07/18/22 Price Changed $3,899,000 -2.3% $1,941 / Sq Ft
06/23/2022 06/23/22 For Sale $3,990,000 +185.0% $1,986 / Sq Ft
06/15/2012 06/15/12 Sold $1,400,000 0.0% $697 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $1,400,000 -- $697 / 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
2024 $29,389 $2,147,450 -- --
2023 $29,389 $1,481,040 $0 $0
2022 $23,531 $1,346,400 $0 $0
2021 $21,247 $1,224,000 $0 $0
2020 $21,310 $1,224,000 $0 $0
2019 $29,679 $1,700,000 $0 $0
2018 $28,494 $1,700,465 $0 $0
2017 $27,992 $1,506,682 $0 $0
2016 $28,386 $1,369,711 $0 $0
2015 $26,091 $1,369,707 $0 $0
2014 $23,040 $1,245,189 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11539423

MIAMI REALTORS® MLS

APN: 12-2226-044-1010