$1,775,000
SOLD DEC 20, 2024
2 Beds
3.5 Baths
2,050 Sq Ft
$2,468/mo HOA Fee

Recently Sold

$866 Per Sq Ft

40% Below List Price

134 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Fitness Center
  • Sauna

About This Home

As of December 2024

The Palace is a 5 stars luxurious building in the prestigious Ball Harbour. The private elevator will take you directly to your big 2 bedroom apartment, with an oversize master bedroom, master bath and incredibly generous walking closets. The Palace offers full service at the beach, heated pool, his and hers spa, hot tub, sauna, fitness center, tennis court, excellent restaurant that gives services to the owner only, concierge services, valet parking and more. Located walking distance from the exclusive Bar Harbour shops and restaurants, Harding district and House of Worship

Last Agent to Sell the Property

Raquel Szyller

Aventura Real Estate, Inc. License #3063295

Last Buyer's Agent

Raquel Szyller

Aventura Real Estate, Inc. License #3063295

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,513

Year Built

  • Built in 1994

Lot Details

  • Ocean Front
  • North Facing Home

HOA Fees

  • $2,468 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,050 Sq Ft Home
  • Built-In Features
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

Outdoor Features

  • Unrestricted saltwater access

Location

  • East of U.S. Route 1

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-037-0450

Community Details

Overview

  • 132 Units
  • High-Rise Condominium
  • The Palace Condos
  • The Palace At Bal Harbour Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Car Wash Area
  • 22-Story Property

Amenities

  • Doorman
  • Community Center
  • Party Room
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,513

Year Built

Built in 1994

Lot Details

0

HOA Fees

$2,468 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: 101 Street on Collins Avenue (A1A)B
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PALACE AT BAL HARBOUR
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Built-in Features, Shabbat Elevator, Fire Sprinklers, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 2050
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen

Exterior Features

  • View: Ocean View, Skyline
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE PALACE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2468
  • Amenities: Bike Storage, Community Room, Exercise Room, Heated Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 12-22-26-037-0450
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 132
  • Number Of Units Total: 132

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 18513

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Price Changed $2,345,000 -2.1% $1,144 / Sq Ft
03/04/2025 03/04/25 Price Changed $2,395,000 -2.2% $1,168 / Sq Ft
01/28/2025 01/28/25 For Sale $2,450,000 +38.0% $1,195 / Sq Ft
12/20/2024 12/20/24 Sold $1,775,000 -11.3% $866 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
10/24/2024 10/24/24 Price Changed $2,000,000 -18.4% $976 / Sq Ft
10/24/2024 10/24/24 Price Changed $2,450,000 -7.5% $1,195 / Sq Ft
09/11/2024 09/11/24 Price Changed $2,650,000 -3.6% $1,293 / Sq Ft
08/08/2024 08/08/24 Price Changed $2,750,000 -6.8% $1,341 / Sq Ft
07/08/2024 07/08/24 For Sale $2,950,000 -- $1,439 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,513 $1,063,868 -- --
2023 $18,513 $967,153 $0 $0
2022 $16,177 $879,230 $0 $0
2021 $14,139 $799,300 $0 $0
2020 $14,895 $841,400 $0 $0
2019 $17,322 $979,000 $0 $0
2018 $16,889 $979,252 $0 $0
2017 $12,076 $726,334 $0 $0
2016 $12,078 $711,395 $0 $0
2015 $12,238 $706,450 $0 $0
2014 $12,467 $700,844 $0 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,775,000 Certified Title
Warranty Deed $1,775,000 Certified Title
Quit Claim Deed -- Attorney
Deed $1,300,000 Attorney
Warranty Deed $972,500 Attorney
Deed $3,300,000 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11613323

MIAMI REALTORS® MLS

APN: 12-2226-037-0450