Property Details
| Sold Price | $485,000 |
|---|---|
| Last Asking Price | $550,000 |
| Price per SqFt | $275 |
| Maintenance Fee | $3,253 Monthly |
| Property Taxes | $6,655 2023 |
| Interior Space | 1,763 SqFt |
| Beds/Baths | 2/2½ |
| Closed Date | 9/26/2024 |
| MLS # | A11638744 |
Location
From the listing
Breathtaking condo with marina in the iconic Palm Bay Tower. Surrounded by 10 acres of lush landscaping on Biscayne Bay. It offers expansive water views from every room. Includes impact windows, marble floors throughout and electric curtains. Amenities feature: heated Olympic-sized pool, jacuzzi, 24/7 desk attendant and security, marina, gym, tennis and pickleball courts, valet parking, grills, guest parking, and on-site management. The building's marina is undergoing a full renovation, generates income and accommodates boats up to 100 feet. The building is also undergoing restoration, with the West balconies soon to reopen. With no available units for sale, this 68-unit boutique building demonstrates its value. Close to the beach, airport, and downtown. Don't miss this unique opportunity.
Listed by Mainframe Real Estate
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $3,253 a month; taxes $6,655 for 2023. MLS figures, which may not be accurate.
Sales History for This Unit · Palm Bay Towers Unit 10W
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1752355 | $545,000 | 3/31/13 |
What Other Units Have Been Selling For at Palm Bay Towers
2 units sold at Palm Bay Towers in the last 12 months at an average of $444/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 11S | $1,500,000$507/SqFt | 90% | 5/29/26 |
| 9W | $595,000$337/SqFt | 100% | 3/13/26 |
| 5W | $465,000$264/SqFt | 94% | 5/7/24 |
| 8W | $475,000$269/SqFt | 89% | 9/20/23 |
| 17W | $487,500$277/SqFt | 91% | 5/15/23 |
| 23S | $1,080,000$365/SqFt | 90% | 4/14/23 |
| 12W | $520,000$295/SqFt | 98% | 6/29/22 |
| 15W | $500,000$284/SqFt | 100% | 3/17/22 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Mainframe Real Estate. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
Ask Mark About This Listing
Palm Bay Towers Unit 10W, 720 NE 69th St · MLS A11638744 · Sold Sep 2024
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Palm Bay Towers
At Palm Bay Towers, 2 units are for sale and 2 sold in the last 12 months at an average of $444 per SqFt. Unit 10W sold at $275 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Miami real estate agent with ONE Sotheby's International Realty, from MLS records.