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Active
Waterfront · Condominium
$3,500,000$1,620 / sqft

9601 Collins Ave # 1502, Bal Harbour FL 33154

2
Bedrooms
3
Bathrooms
2,160 sqft
Interior
1998
Year built
$5,039 / mo
HOA
Condominium
Type

About this home

Location! Location! Best Amenities and Service makes The Majestic Tower the Best Around!; Furnished 2-bedrooms and a Den made out to be a third bedroom with 2.5 bathrooms with the half bathroom made to be a third full bathroom. Majestic Tower offers Beach Service, Tennis & Basketball Court, State of The Art Spa and Gymnasium, Full-Service Restaurant, Valet service and each apartment comes with your own Parking Space, with grear views of Ocean and City.

Features

  • Closet Cabinetry
  • Walk-In Closet(s)
  • Open Balcony
  • Tennis Court(s)
  • Ocean View
  • Other View

Estimated loan & HOA

$22,737

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$17,698
HOA
$5,039 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
One Sotheby's International Realty

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.