When was this published?

This article was first published on July 23, 2026 by The Real Deal and curated for The Miami readers.

Who reported this story?

This story was reported by Mary Diduch at The Real Deal.

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See more arts coverage from The Miami, or browse our daily briefing and topic hubs.

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South Florida’s top deals: Bal Harbour penthouse sells for for $21M

Summary by The Miami Editorial Desk · Based on reporting by Mary Diduch, The Real Deal · July 23, 2026 · 1 min read

🏆 Residential: The priciest home sale to hit records was for a condo in Bel Harbour. A trust sold a 5,000-square-foot penthouse at 10201 Collins Avenue for $20.9 million. The buyer was Oceana PH2802 Holdings LLC. The unit has three bedrooms and five and a half bathrooms. The trust purchased the con

Why this matters in The Miami

The sale of a Bal Harbour penthouse for $20.9 million reflects the ongoing demand for luxury residential properties in Miami-Dade County. This deal, which breaks down to $4,200 per square foot, is a significant indicator of the area's high-end real estate market. The fact that the trust sold the condo for less than its 2023 purchase price of $22 million may suggest a slight adjustment in the market, but the overall price per square foot remains remarkably high. Meanwhile, the commercial deal in Opa Locka, where an industrial building sold for $8.2 million, points to the diversification of investment in the county. As Miami continues to attract investors and residents from Latin America and the Caribbean, its luxury residential and commercial markets are likely to remain robust, with neighborhoods like Bal Harbour and areas like Opa Locka benefiting from the influx of capital.

About this story

Original reporting by The Real Deal. The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page.

For the complete original report, visit The Real Deal. Have a tip or correction? Contact our newsroom.

Category: arts · Published: July 23, 2026 · Source: The Real Deal · Reading time: 1 min

Summary created by	The Miami Editorial Desk — automated, rule-governed
Original reporting	Mary Diduch, The Real Deal
Original story	Read at the source
Source published	Jul 23, 2026
AI assistance	Automated summary drawn from the source’s own published text
Prepublication human review	No — editorial rules, flagged-item review, and published samples

South Florida’s top deals: Bal Harbour penthouse sells for for $21M

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