Property Details
| Asking Price | $3,850,000 |
|---|---|
| Price per SqFt | $1,238 |
| Maintenance Fee | $4,809 Monthly |
| Property Taxes | $40,048 2025 |
| Interior Space | 3,110 SqFt |
| Beds/Baths | 2/4½ |
| Year Built | 1994 |
| MLS # | A11950088 |
Location
From the listing
Fabulous and spacious corner residence in the heart of Bal Harbour offering an exceptional lifestyle and a true must-see opportunity. This home spans 3110 Sqft PLUS almost 1000 sqft of exceptional SouthEast wrap-around terrace with spectacular breathtaking panoramic views of the intracoastal, Ocean and skylines. Featuring 2 private elevators with direct entry into your apartment, a grand living and dining room, a step-up living/den area, a large fully equipped eat-in kitchen, 4 + 1/2 bathrooms including his and hers master bathrooms, grand primary bedroom, a separate laundry room, a nanny's or infant room. Every room enjoys direct access to the oversized terrace, creating seamless indoor-outdoor living. Residents of the iconic Palace of Bal Harbour enjoy exquisite resort-style amenities, elevating this property to a rare and luxurious offering; such as valet service, 24hr security, pool & beach service, wonderful spa and excellent restaurant on site, fitness center and much more. Ideally located within walking distance of the world-renowned Bal Harbour Shops, the Harding District, and houses of worship as well as the fabulous new Bal Harbour waterfront park and new Bal Harbour Village recreational center. Discover the ultimate luxury lifestyle in Bal Harbour, perfectly blending sophisticated city living with effortless beachside elegance.
Listed by Beachfront Realty Inc
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $4,809 a month; taxes $40,048 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Palace Unit 16B
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 unit (16B) is asking $1,238/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 11C | $1,775,000$866/SqFt | 89% | 12/20/24 |
| 8B | $3,330,000$1,071/SqFt | 95% | 7/10/24 |
| 6B | $3,050,000$981/SqFt | 95% | 6/29/23 |
| 16C | $1,600,000$780/SqFt | 89% | 3/25/22 |
| 7D | $1,550,000$701/SqFt | 86% | 3/11/22 |
| 12A | $2,126,000$684/SqFt | 106% | 7/26/21 |
| 19C | $1,550,000$756/SqFt | 97% | 6/30/21 |
| 10C | $1,200,000$585/SqFt | 100% | 6/14/21 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Beachfront Realty Inc. 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 16B, 10101 Collins Avenue · MLS A11950088 · $3,850,000
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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 16B asks $1,238 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Bal Harbour real estate agent with ONE Sotheby's International Realty, from MLS records.