10101 Collins Ave 16B, Bal Harbour, FL 33154 — MLS photo

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10101 Collins Ave 16B, Bal Harbour, FL 33154

Active · Condominium

$3,850,000

10101 Collins Ave 16B, Bal Harbour, FL 33154

Beds
2
Baths
5
Living area
3,110 sq ft
$ / sq ft
$1,238/sq ft
Year built
1994
Lot size
—
HOA fee
$4,809 Monthly
Annual tax
$40,048

About this property

Fabulous and spacious corner residence in the heart of Bal Harbour offering an exceptional lifestyle and a true must-see opportunity. This home spans 3110 Sqft PLUS almost 1000 sqft of exceptional SouthEast wrap-around terrace with spectacular breathtaking panoramic views of the intracoastal, Ocean and skylines. Featuring 2 private elevators with direct entry into your apartment, a grand living and dining room, a step-up living/den area, a large fully equipped eat-in kitchen, 4 + 1/2 bathrooms including his and hers master bathrooms, grand primary bedroom, a separate laundry room, a nanny's or infant room. Every room enjoys direct access to the oversized terrace, creating seamless indoor-outdoor living. Plus, enjoy the convenience and privacy of owning a poolside Cabana made up 160sqft with a full bathroom. Residents of the iconic Palace of Bal Harbour enjoy exquisite resort-style amenities, elevating this property to a rare and luxurious offering; such as valet service, 24hr security, pool & beach service, wonderful spa and excellent restaurant on site, fitness center and much more. Ideally located within walking distance of the world-renowned Bal Harbour Shops, the Harding District, and houses of worship as well as the fabulous new Bal Harbour waterfront park and new Bal Harbour Village recreational center. Discover the ultimate luxury lifestyle in Bal Harbour, perfectly blending sophisticated city living with effortless beachside elegance.

Property location

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10101 Collins Ave 16B, Bal Harbour, FL 33154

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Facts & features

Interior

Bedrooms
2
Bathrooms
5
Living area
3,110 sq ft
Flooring
Carpet, Hardwood, Marble, Wood
Appliances
Dryer, Dishwasher, Electric Range, Other, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bidet, Built In Features, Bathtub, Dining Area, Separate Formal Dining Room, Dual Sinks, Eat In Kitchen, Elevator, Handicap Access, Other, Separate Shower, Bar, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1994
Stories
21
Architectural style
High Rise, Other
Construction
Block
Exterior features
Porch, Shutters Electric, Storm Security Shutters
Pool
Association
Waterfront
Ocean Access, Ocean Front
View
City, Intercoastal, Ocean

Parking

Garage spaces
2
Covered spaces
2
Parking features
Covered, Two Or More Spaces, Valet

HOA, Community & Financials

Association fee
$4,809 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Insurance, Internet, Maintenance Grounds, Other, Parking, Pools, Reserve Fund, Security, Trash, Water
Amenities
Cabana, Clubhouse, Fitness Center, Other, Pool, Sauna, Spa Hot Tub, Tennis Courts, Trash, Elevators
Security
Door Man, Elevator Secured, Lobby Secured
Pets allowed
Conditional, Yes
Annual tax
$40,048
Subdivision
THE PALACE AT BAL HARBOUR
County
Miami-Dade
Days on market
209
MLS listing ID
A11950088
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

-$14,076

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.7%
Gross yield
5.0%
Mortgage payment
$18,251/mo
Down payment
$962,500
Loan amount
$2,887,500
Annual NOI
$50,103

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