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$11,750,000

Beds
7
Baths
8.5
sq ft
9,656

10225 Collins Ave Unit 301, Bal Harbour, FL 33154

10225 Collins Ave Unit 301

Bal Harbour, FL 33154

  • 135 days on market
Truly remarkable in every way ultimate living experience and breathtaking, ultra-luxury condo spanning 9656 square feet. This renovated triple-unit oceanfront residence blends sophistication with opulence, offering over 7+ bedrooms and two kitchens equipped with top-of-the-line appliances. Two private elevators seamlessly transport you into a bright, condo with Floor-to-ceiling windows that unveil breathtaking ocean and city views. Two open-concept living rooms and two dining rooms, all seamlessly connected to a wraparound terrace. Ten custom luxury bathrooms and custom closets. Enjoy full-service amenities, including a swimming pool, spa, gym, & direct beach access. 4 assigned parking spaces. Situated near fine dining, places of worship, and the upscale shopping haven of Bal Harbour.

Details

Property type

Condominium

Est. home value

$15,252,788

Lot size

Unknown

Price per sq ft

$1,217

Year built

2004

Annual property taxes

$98,792

Monthly HOA fee

$13,577

Price History

07/10/2024
Beaches

Beaches #F10392721

Removed
$11,750,000
07/10/2024
SEF

SEF #A11617193

Listed
$11,750,000
03/07/2024
Beaches

Beaches #F10392721

Price change
$11,750,000
-12.96%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

75

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$9,400,286
Asking price
$11,750,000
Closing costs (~8% of asking)
-$940,000
Est. remaining loan balance
-$1,409,714
Cash to seller
$9,400,286

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

August 2015

Original loan amount

$3,196,875

Est. remaining balance

$1,409,714

Interest rate

3.21%

Loan type

New Conventional, 15 year

Seller

Karen Singer and The Singer Childrens Management Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 3:40 AM

Listing updated: 10/15/2024 at 5:31 PM

Listed by: Alex Sajovits, Douglas Elliman Phone #: (561) 245-2635

MLS: SEF #A11617193

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