9801 Collins Avenue, #6P, Bal Harbour, FL, 33154 | $1,550,000

Direct Ocean front views & Exceptional opportunity to create your own custom-designed home. Seller has already invested over $80, 000 in demolition & remediation, making this unit fully prepared for reconstruction. All windows face the ocean, bringing in beautiful natural light & stunning views throughout the residence. Design the layout that best fits your lifestyle create a spacious 2bed or a functional 3-bed residence. Several contractors are already familiar with the building & are available to help bring your vision to life. Building is currently undergoing major upgrades w values continuing to rise as the transformation progresses. Rare chance to customize a large ocean-facing residence in a most exciting renovation phase. The newly installed glass balcony enclosure enhances the expansive direct ocean views, creating an immediate “wow” effect elevating the overall living experience. Balmoral's impeccable 5 star services: beach & pool service, Valet parking, bellman, new gym, 24hr security, new tennis courts, restaurant opening soon, newly renovated party hall, & more. Exquisite address located directly across Bal Harbour Shops, walking distance to the buzzing Harding District with an array of restaurants & shopping, the new Bal Harbour waterfront park & new village recreation center, & walking distance to houses of worship. Discover the ultimate luxury lifestyle in Bal Harbour, perfectly blending sophisticated city living with effortless beachside elegance.

Features

  • Parking: Covered, Valet
  • Heating: Central
  • Cooling: Central Air
  • Levels: 21
  • Amenities: Elevator(s), Fitness Center, Laundry, Management, Other, Parking, Pool, Tennis Court(s), Trash Chute, Bike Storage, Maintenance
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: BALMORAL CONDO
  • Year Built: 1977
  • Common Charge: $2,231 Monthly
  • Approx Sq. Feet: 1,688
  • Est. Taxes: $13,349
  • View: Water, Direct Ocean, Ocean
  • Water Front: Yes
  • Elem. School: Ruth K. Broad Bay Harbor K-8
  • High School: Miami Beach
  • Pet Policy: Yes
  • Appliances: Electric Range, Other, Refrigerator
  • MLS#: A12026534
  • Website: https://www.raveis.com
    /prop/A12026534/9801collinsavenue_balharbour_fl?source=qrflyer
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William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

9801 Collins Avenue, #6P, Bal Harbour, FL, 33154

$1,550,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,240,000 $1,240,000 $1,240,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.263% 6.121% 6.203%
Monthly Tax Payment $1,112 $1,112 $1,112
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,236 $7,434 $10,464
Total Monthly Payment $8,473 $8,671 $11,701

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.