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| Sold Price | $4,350,000 |
|---|---|
| Last Asking Price | $5,500,000 |
| Price per SqFt | $1,179 |
| Maintenance fee | $5,692 Monthly |
| Property Taxes | $47,237 2024 |
| Interior Space | 3,690 SqFt |
| Beds/Baths | 3/5½ |
| Year Built | 1994 |
| Closed Date | 11/3/2025 |
| MLS # | A11875223 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees and taxes based on MLS provided figures, and may not be accurate
From the listing
A coveted SE corner residence at the unparalleled Palace Bal Harbour, this 5th-floor estate offers panoramic ocean, Intracoastal, and skyline views from an expansive wraparound terrace. Enter through a private elevator foyer to 3,690 SF of elegant living space featuring 3 bedrooms, 5.5 baths, service quarters, and timeless custom finishes throughout. The spacious layout includes a classic kitchen, marble floors, and generous entertaining areas. The offering includes an upgraded private poolside cabana 5. Property features first-class resort-style amenities: tennis, beach service, spa, fitness center, concierge, and more. This is a rare opportunity to own a direct oceanfront residence in one of Bal Harbour’s finest communities.
Listed by Compass Florida, LLC
Sales History for This Unit · The Palace Unit 5F
Sales history is unavailable for this property
What Other Units Have Been Selling For at The Palace
0 other units sold in the last 12 months
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 15A | $3,450,000$1,109/SqFt | 88% | 5/20/25 |
| 20A | $3,950,000$1,270/SqFt | 85% | 2/11/25 |
| 5E + CABANA #24 | $4,000,000$1,084/SqFt | 98% | 2/10/24 |
| 20E | $4,300,000$1,165/SqFt | 93% | 8/31/23 |
| 7A | $3,900,000$1,254/SqFt | 93% | 8/3/23 |
| 19B | $3,150,000$1,013/SqFt | 85% | 7/7/21 |
| 15E | $4,200,000$1,138/SqFt | 93% | 6/3/21 |
| 16E | $2,200,000$596/SqFt | 80% | 11/19/19 |
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 Bal Harbour and throughout South Florida.
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Location
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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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 The Palace
146 units · 5 for sale · 1 sold in the last 12 months · building avg $1,179/SqFt sold
