Property Details
| Sold Price | $1,650,000 |
|---|---|
| Last Asking Price | $1,800,000 |
| Price per SqFt | $279 |
| Maintenance Fee | $5,560 Monthly |
| Property Taxes | $9,609 2020 |
| Interior Space | 5,914 SqFt |
| Beds/Baths | 5/4½ |
| Closed Date | 4/1/2022 |
| MLS # | A11046247 |
Location
From the listing
REDUCED! Motivated Seller! Presenting the crown jewel of Miami Modern. Create your dream skytop palatial residence with panoramic views atop an architectural landmark on Biscayne Bay. This 5,914 sq ft double penthouse is prime for dramatic renovation. The iconic Palm Bay Tower is home to art collectors, power brokers & tastemakers. Penthouse 27N+27S offers breathtaking water views, spectacular sunsets & sunrises, and the skyline of Miami Beach and Downtown in the distance. The lushly landscaped, 10-acre Palm Bay complex includes a 40-foot swimming pool, fitness center, tennis courts, 24-hour security, plus a marina location with grand potential. Located in Miami’s Upper East Side, close to Morningside and Design District. The building has approved an incredible renovation plan!
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $5,560 a month; taxes $9,609 for 2020. MLS figures, which may not be accurate.
Sales History for This Unit · Palm Bay Towers PH 27N+27S
Sales history is unavailable for this property
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 ⇅ |
|---|---|---|---|
| 15S & 15N | $1,400,000$237/SqFt | 95% | 2/28/22 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Compass Florida, LLC. 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 PH 27N+27S, 720 NE 69th St · MLS A11046247 · Sold Apr 2022
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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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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. PH 27N+27S sold at $279 per SqFt, in line with 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.