Property Details
| 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 |
Location
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
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $5,692 a month; taxes $47,237 for 2024. MLS figures, which may not be accurate.
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
1 unit sold at The Palace in the last 12 months at an average of $1,179/SqFt (this sale among them)
Below, the most recent sales most like this unit: units with the same bedroom count.
| 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.
Ask Mark About This Listing
The Palace Unit 5F, 10101 Collins Avenue · MLS A11875223 · Sold Nov 2025
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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 The Palace
At The Palace, 5 of 103 units are for sale and 1 sold in the last 12 months at an average of $1,179 per SqFt. Unit 5F sold at $1,179 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Bal Harbour real estate agent with ONE Sotheby's International Realty, from MLS records.