Located in the sought-after market of Bal Harbour, this Condo at 10101 Collins Avenue was recently sold in a closed transaction. The property boasts a spacious 3,690 square feet and is situated within the prestigious Palace building. The sale price for this luxury residence was $2,800,000, with an asking price of $2,975,000, reflecting a competitive market. The price per square foot stands at $759, highlighting the desirable nature of this property.

Summary of transaction details

• Property Type: Condo
• Sale Price: $2,800,000
• Asking Price: $2,975,000
• Square Footage: 3,690
• Price per Square Foot: $759
• Address: 10101 Collins Avenue, Bal Harbour

Representing the buyer in this transaction was Howard Rothschild, while Kim G.C. Moody acted as the seller. The deal was facilitated by Allen Davoudpour and Diana Mayerson from Compass, who successfully closed this sale. It is worth noting that Allen Davoudpour and Diana Mayerson have an established presence in the Bal Harbour, Surfside, and Bay Harbor communities, having completed over $70 million in transactions throughout 2022. Their expertise has contributed to a record-breaking year in the area, and this transaction adds to their impressive portfolio.

This successful transaction showcases the continued demand for high-end properties in Bal Harbour. With its prime location and luxurious features, the Palace building remains a coveted choice for buyers looking for top-notch residences in the area.