9801 Collins Ave 10T, Bal Harbour, FL 33154 — MLS photo

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9801 Collins Ave 10T, Bal Harbour, FL 33154

Active · Condominium

$1,200,000

9801 Collins Ave 10T, Bal Harbour, FL 33154

Beds
2
Baths
2
Living area
1,388 sq ft
$ / sq ft
$865/sq ft
Year built
1977
Lot size
—
HOA fee
$1,388
Annual tax
—

About this property

A rare opportunity to acquire a 1,388 SF, 2-bedroom, 2-bath residence at the Balmoral and create a home tailored to your own taste, rather than paying a premium for someone else’s renovation. Unit 10T offers partial ocean views, a desirable side-line position, and excellent potential for a thoughtful modernization. The seller has paid the unit’s currently approved assessment in full. The Balmoral is undergoing approximately $45 million in approved capital improvements, creating an attractive moment to acquire before the building’s transformation is complete and be positioned to benefit from its renewed amenities and overall enhancement. Don’t pay someone else’s renovation premium. Buy the opportunity. Furniture is included, and the residence is clean and usable while the new owner plans their improvements.

Property location

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9801 Collins Ave 10T, Bal Harbour, FL 33154

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,388 sq ft

Exterior & Structure

Property type
Condominium
Year built
1977

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,388
County
Miami-Dade
MLS listing ID
A11869602
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$4,458

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-15.9%
Gross yield
5.8%
Mortgage payment
$5,689/mo
Down payment
$300,000
Loan amount
$900,000
Annual NOI
$14,762

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.