Building facts
- Address
- 10101 Collins Avenue
- Neighborhood
- Bal Harbour
- Year built
- 1994
- Floors
- 21
- Residences
- 103
- Status
- Completed
- Developer
- Pru-Shel Development Partnership
- Architect
- Clement DiFillippo
- Pricing
- Starting at $3.45 Million
Key Takeaways
- Twelve qualified sales in four years, and exactly one so far in 2026 — across 103 homes. This is the thinnest transaction record of any building I have measured.
- There is no price trend to report, and this page does not invent one — a single 2026 sale prices one home, not a building. The four-year record supports a level of roughly $1,180 to $1,210 per square foot in its two best-evidenced years.
- The homes are exceptionally large — median 3,110 square feet, running to 7,380 — more than double the median of most Collins Avenue towers.
- Every owner who resold since 2023 was ahead — twelve homes, none at a loss, median gain 389.5% on a median holding period of thirty years.
- The developer sold it in the mid-1990s — the county’s earliest records here are 1994 to 1996, which is why the long-run gains are what they are.
- Only 103 of the 146 folios are homes — the other 43 are separately deeded parking spaces of 130 to 210 square feet, which the county classifies as residential.
10101 Collins Avenue, Bal Harbour, Florida 33154 | Neighborhood: Bal Harbour
What the county record shows at 10101 Collins Avenue
The Miami-Dade County Property Appraiser carries 146 folios under THE PALACE AT BAL HARBOUR CONDO. 103 are homes. The remaining 43 are separately deeded parking spaces of 130 to 210 square feet, which the county classifies as residential and which are excluded from every figure here. A raw folio count would overstate this building by more than 40%.
What defines this building is size. Heated area runs from 1,690 to 7,380 square feet, with a median of 3,110 — more than double the median home in most towers on this stretch of Collins Avenue. The bed mix is 68 two-bedrooms, 32 three-bedrooms, one one-bedroom, one four-bedroom, and one folio the county records as having twelve bedrooms. Three plans carry most of the building: 3,110 square feet (33 homes), 3,690 (32) and 2,050 (17).
2026 assessed values run from $803,163 to $6,501,163, median $1,962,566.
Why this page gives you a level and not a trend
12 qualified, arm’s-length sales across four years. Portfolio transfers are excluded and identical same-day transactions collapsed to one.
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 4 | $4,037,500 | $1,210 |
| 2024 | 2 | $2,552,500 | $968 |
| 2025 | 5 | $3,950,000 | $1,179 |
| 2026 to date | 1 | $1,750,000 | $792 |
Four sales. Then two. Then five. Then one.
Taken mechanically, 2023’s $1,210 against 2026’s $792 is a fall of 34.5%, which would make this the worst-performing building on my entire site. That number is arithmetic performed on a single transaction, and publishing it as a finding would be indefensible. One sale tells you what one home fetched. It cannot tell you what 103 homes are worth, and in a building where they range from 1,690 to 7,380 square feet it cannot even tell you much about the home next door.
The same applies to 2024’s $968, which rests on two sales.
The two years with the most evidence behind them — 2023 with four sales and 2025 with five — sit at $1,210 and $1,179 per square foot. That is the closest thing to a usable level this record offers, and even it rests on nine transactions in total. Anyone quoting you a confident direction for this building, in either direction, is working from a sample that cannot support one.
Turnover is roughly one home in thirty-four per year. The highest qualified sale on record is $6,750,000, in March 2017, for the 7,380 square foot home — $915 per square foot, a reminder that the very largest homes trade at lower rates per foot than mid-sized ones.
Thirty years of ownership
The county’s records for this building begin in the mid-1990s, with the earliest sales in 1994 to 1996.
Twelve homes have resold since the start of 2023 with an earlier purchase on record, and not one sold at a loss. The median gain was 389.5%, ranging from +285.5% to +729.9%, over a median holding period of thirty years.
Even the weakest outcome in that group nearly quadrupled. But every one of those results is a thirty-year hold in Bal Harbour, and thirty years is long enough that the figure says more about the 1990s than about today. The four-year table above is what describes the current market, and what it mostly describes is a market that barely exists.
All figures are gross — before commissions, closing costs, taxes, assessments and three decades of carrying costs — and they cover only the twelve homes that sold.
Who should be buying at The Palace?
It suits a buyer who wants a genuinely large oceanfront home. A median of 3,110 square feet, with homes to 7,380, is house-scale space in a Bal Harbour tower, and there is very little of it anywhere on Collins Avenue.
It suits a buyer who is not in a hurry and does not need the market to validate the purchase. This building trades about three times a year.
It suits a buyer who wants price discovery badly. With twelve sales in four years, there is often no recent comparable at all for a given floorplate — and I would rather tell you that plainly than dress up four data points as a trend.
If you are selling here, be patient and be careful which number you argue from. The one 2026 sale at $792 per square foot will be quoted at you, and the honest answer is that it is a single transaction against nine others in 2023 and 2025 that sit near $1,180–$1,210. Bring the closest sale by size and floor, and expect the process to take time: at one home in thirty-four per year, the buyer for a 3,000-plus square foot oceanfront home arrives when they arrive.
Verified 18 August 2026 against the Miami-Dade County Property Appraiser record for 10101 Collins Avenue, Bal Harbour — all 146 folios under THE PALACE AT BAL HARBOUR CONDO retrieved individually on 18 August 2026 and filtered to residential homes, excluding 43 separately deeded parking folios of 130 to 210 square feet which the county classifies as residential. Sale figures are qualified, arm’s-length transactions only, with portfolio transfers excluded and identical same-day transactions collapsed to a single sale. 2026 rests on a single sale and 2024 on two; no price direction is stated anywhere on this page, and the four-year comparison is explicitly declined. Long-run gain figures compare each home’s earliest recorded qualified sale with its most recent, gross of commissions, closing costs, taxes, assessments and carrying costs, and cover only the twelve homes that have resold. Floor level, view and condition are not recorded by the county and are not adjusted for. Building age, storey count and amenity detail are omitted: no primary source has been confirmed for them. Re-check when the next tax roll publishes.
The Palace at Bal Harbour — Frequently Asked Questions
How many homes are in The Palace at Bal Harbour?
103. The county carries 146 folios, but 43 of those are separately deeded parking spaces of 130 to 210 square feet which the roll classifies as residential. A raw folio count overstates the building by more than 40%.
Are prices at The Palace rising or falling?
There is not enough evidence to say, and this page does not pretend otherwise. Four years produced twelve sales, with just one so far in 2026 and two in 2024. The best-evidenced years, 2023 and 2025, sit at $1,210 and $1,179 per square foot.
Is it true the building is down 34.5%?
No. That figure comes from comparing 2023’s median against a single 2026 transaction. One sale prices one home; it cannot price 103 homes that range from 1,690 to 7,380 square feet.
How large are the homes?
Very. The median home is 3,110 square feet and the largest is 7,380 — roughly double the median of most Collins Avenue towers. Three plans dominate: 3,110 square feet (33 homes), 3,690 (32) and 2,050 (17).
Have owners here made money?
Every one who has sold recently. Of twelve homes resold since 2023 with an earlier purchase on record, none sold at a loss, with a median gain of 389.5% over a median hold of thirty years. The county’s records for the building begin in 1994 to 1996.
What is the most expensive sale on record?
$6,750,000 in March 2017, for the 7,380 square foot home — $915 per square foot. Very large homes trade at lower rates per square foot than mid-sized ones, which is why that rate looks modest for the price.
How often do homes here change hands?
About three times a year. 12 qualified sales across 103 homes in four years is roughly one home in thirty-four annually — the thinnest record of any building I have measured.
Sources and further reading
Interested in selling at The Palace at Bal Harbour?
Learn more about selling your condo at The Palace at Bal Harbour with Josh Stein.
Related coverage
Part of Miami Luxury Condos.