10101 Collins Ave

Bal Harbour, FL 33154

$4,975,000

$1,600/ft²

3Beds

3.5Baths

3,110Sq ft

1994Year built

CondoType

About this home

Recipient of the prestigious 2025 KBIS Award for Best Millwork, Kitchen, and Bath, Residence 4A at The Palace is a truly one-of-a-kind offering that sets a new benchmark for luxury living. This 3-Bedroom, 3.5-Bathroom residence showcases extraordinary craftsmanship, featuring bespoke millwork by Laura Meroni, a Pittori kitchen, and an uncompromising level of design and detail throughout. Completed two years ago, the residence underwent a comprehensive, full-scale architectural transformation—not a superficial renovation. All interior walls were removed, leaving only the exterior structure, allowing for a completely fresh reimagining of over 3,000 square feet of living space. Ceilings were raised to enhance light, openness, and architectural impact. The private elevator opens directly into the residence’s exclusive foyer, offering complete privacy and a grand arrival experience. The home is further enhanced by all-new electrical panels and wiring, a new HVAC system, and impact-resistant glass, delivering modern efficiency, comfort, and peace of mind. No expense was spared, and budgetary limitations were never a consideration in the thoughtful redesign of this exceptional residence. There is simply no comparable home at The Palace. This is a rare opportunity to acquire a masterfully curated residence where elegance, innovation, and craftsmanship converge. A must-see in person to fully appreciate its exceptional quality and refinement.

Features

Waterfront

Property details

Listing

MLS #: A11930960
Status: For sale
Listed on: Dec 15, 2025
Days on market: 237 days
Listing data updated: May 14, 2026

Interior

Beds: 3
Baths: 3.5
Living area: 3,110 ft²
Price per ft²: $1,600/ft²
Unit: 4A

Building & community

Type: Condo
Year built: 1994
HOA fee: $4,630/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $25,156
Property taxes (est.): $4,561
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $4,630

Estimated total$34,947*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?