10101 Collins Ave 18C + CABANA, Bal Harbour, FL 33154 — MLS photo

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10101 Collins Ave 18C + CABANA, Bal Harbour, FL 33154

Active · Condominium

$2,500,000

10101 Collins Ave 18C + CABANA, Bal Harbour, FL 33154

Beds
2
Baths
3
Living area
2,050 sq ft
$ / sq ft
$1,220/sq ft
Year built
1994
Lot size
—
HOA fee
$2,776
Annual tax
—

About this property

Private Elevator. Private Beach Cabana. Oceanfront Luxury. 9 Feet Ceiling! Experience luxury oceanfront living at its finest in the prestigious Palace at Bal Harbour. Arrive home via your private elevator, which opens directly into this beautifully maintained 2-bedroom, 2.5-bath residence featuring a highly desirable split-bedroom floor plan. Included with the residence are a private Beach Cabana and 2 covered parking spaces, rare and highly sought-after amenities. Perfectly positioned on the 18th floor, Residence 18C enjoys a coveted northeast exposure with breathtaking Atlantic Ocean views by day and spectacular city skyline and sunset views by night. Wake up to sunrises over the ocean and unwind each evening from your private terrace. Ideally located directly on the Bal Harbour oceanfront boardwalk and across the street from the world-renowned Bal Harbour Shops, you'll enjoy luxury shopping, exceptional dining, charming cafés, weekend markets, and everything Bal Harbour has to offer just moments from your front door. Residents of The Palace enjoy resort-style amenities including: Beach service On-site restaurant Full-service spa State-of-the-art fitness center Valet parking 24-hour security and concierge Beautifully managed oceanfront property Residence 18C is impeccably maintained and offers an exceptional opportunity to own in one of Bal Harbour's most prestigious full-service oceanfront buildings.

Property location

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10101 Collins Ave 18C + CABANA, Bal Harbour, FL 33154

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
2,050 sq ft

Exterior & Structure

Property type
Condominium
Year built
1994

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,776
County
Miami-Dade
MLS listing ID
A12020987
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

-$10,535

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.1%
Gross yield
5.1%
Mortgage payment
$11,851/mo
Down payment
$625,000
Loan amount
$1,875,000
Annual NOI
$15,790

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