Ruthie Assouline And Ethan Assouline Of Douglas Elliman Represent Buyer In $22M Bal Harbour Condo Sale
10201 Collins Avenue
$22,000,000
$4,244/SF
Building Size
5,183 SF
Asset Type
Condo
Closing
Jul 7, 2026
AI
The asset involved in the transaction is a condominium located at 10201 Collins Ave, Residence 2803, in Bal Harbour, FL. The property encompasses 5,183 square feet and was sold for $22,000,000, resulting in a price per square foot of $4,245.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $22,000,000
- Square Footage: 5,183
- Price per Square Foot: $4,245
- Address: 10201 Collins Ave, Residence 2803
- Market: Bal Harbour, FL
- Buyer's Representative: Ruthie Assouline, Ethan Assouline - Douglas Elliman
The sale reflects the expertise of the Assouline Team, who previously represented the seller of this residence in 2023, achieving the highest price per square foot ever recorded for a condominium sale in Bal Harbour at that time. This transaction marks their 20th sale at Oceana Bal Harbour, contributing to a total sales volume exceeding $295 million in the building since 2022.
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Bal Harbour Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93