Bal Harbor Real Estate Market Report for 2014

Bal Harbour Condos sold in 2014

There were 153 Bal Harbor Condos sold in 2014 ranging from $160,000 to $22.75 Million.  Here is the breakdown by building:

• Water’s Edge House at 286 Bal Bay Dr – 1 sale for residence 2A, listed for $1.25 Million and selling for $930,000 ($389/sq.ft.)
• Majestic Tower at Bal Harbour at 9601 Collins Ave – 6 sales ranging from $1.23 Million to $3 Million with average price/sq.ft. at $837
• St. Regis Bal Harbour at 9701, 9703 and 9705 Collins Ave – 15 sales ranging from $2.1 Million to $22.75 Million with average price/sq.ft. at $1,894
• Balmoral Condo at 9999 Collins Av – 20 sales ranging from $565,000 to $2 Million with average price/sq.ft. at $458
• The Palace at Bal Harbour at 10101 Collins Av – 6 sales ranging from $1.04 Million to $4.675 Million with average price/sq.ft. at $795
• Bal Harbour 101 Condo at 10155 Collins Av – 6 sales ranging from $625,000 to $900,000 with average price/sq.ft. at $305
• Avondale Apts at 10170 Collins Av – 1 sale for residence 5, listed for $299,000 and selling for $285,000 ($234/sq.ft.)
• The Tiffany at 10175 Collins Av – 6 sales ranging from $645,000 to $920,000 with average price/sq.ft. at $381
• Brownstone Bal Harbour at 10178 Collins Av – 2 sales at $195,000 and $205,000 with average price/sq.ft. at $247
• The Plaza of Bal Harbour at 10185 Collins Av – 13 sales ranging between $300,000 and $895,000 with average price/sq.ft. at $359
• Bal Harbour Manor at 10190 Collins Av – 2 sales at $335,000 and $545,000 with average price/sq.ft. at $184
• Kenilworth at 10205 Collins Av – 7 sales ranging from $710,000 and $1.85 Million with average price/sq.ft. at $482
• Lanai Condo at 10210 Collins Av – 2 sales at $175,000 and $235,000 with average price/sq.ft. at $207
• Bellini at 10225 Collins Ave – 1 sale for PH2201, listed for $6.185 Million and selling for $6 Million at $1018/sq.ft.
• Bal Bridge South at 10230 Collins Av – 2 sales at $160,000 and $296,000 with average price/sq.ft. at $341
• Carlton Terrace Condo at 10245 Collins Av – 5 sales ranging from $210,000 to $875,000 with average price/sq.ft. at $355
• Harbour House at 10275 Collins Av – 35 sales ranging from $240,000 to $1.36 Million with average price/sq.ft. at $548
• One Bal Harbour at 10295 Collins Av – 19 sales ranging from $355,000 to $4.7 Million with average price/sq.ft. at $973
• One Harbour Way at 1 Harbour Wy – 2 sales at $210,000 and $300,000 with average price/sq.ft. at $208

Highest selling buildings in Bal Harbour by average price / square feet were the following:

• St. Regis Bal Harbor –  $1,894
• Bellini –  $1,018
• One Bal Harbour – $973
• Majestic Tower – $837
• The Palace at Bal Harbour – $795

The building with the highest volume of sales was Harbour House with 35 sales averaging $548/sq.ft. And the highest sale in Bal Harbor was for residence 2501 at St. Regis which sold for a record $22.75 Million.  This was a 14,129 sq.ft. South Tower Penthouse with 11 bedrooms, 11 bathrooms and 3 half-baths, 5 parking spots, private swimming pool and over 4,000 sq.ft. of private terraces, with maintenance fees of $14,382/month.  The marketing description reading as follows:

This stunning  14,129 sq ft South Tower Penthouse awaits your dream finishes, work with our designers or bring your own. Entire 25th floor, including all 5 units, with Panoramic Views of Ocean, Intercoastal, and city, with over 4000 sqft of terraces.  An oasis that combines nearly a thousand feet of pristine beach, as well as an array of luxury amenities. Some of the amenities available to residents include a private swimming pool, exclusive concierge, housekeeping, dry cleaning,laundry, gym and more.

We know Oceana Bal Harbour will break all kinds of records, we will be reporting those figures once building is completed. To get an automated home value with an approximate figure for your home or condo, please visit MiamismValue.com To sell or buy your Bal Harbor home or condo, please contact us at BalHarbor@miamism.com