The Assouline Team Closes Record $30.5M-Condo Sale at Oceana Bal Harbour in Miami

A four-bedroom, four-and-a-half-bathroom condominium in Bal Harbour has sold for $30.5 million, a new record sales price for a condo in the Miami island community.

The sale of the  7,442-square-foot residence in the Oceana Bal Harbour was represented by Ruthie and Ethan Assouline and Eytan Namiech of The Assouline Team at Douglas Elliman. The transaction broke Bal Harbour’s previous record, set in 2023 by the $25-million sale of another residence at Oceana, with The Assouline Team representing the buyer.

According to The Real Deal, the property sold for $29 million, at nearly $3,900 per square foot; the $30.5 million purchase price includes a two-space parking garage and furniture.

Operating between Miami and New York City, The Assouline Team has cultivated a thriving bi-coastal business, delivering record-setting luxury transactions in Bal Harbour, where they are ranked the #1 Team, and across Miami Beach and other premier South Florida neighborhoods, with a particular emphasis on the region’s most exclusive properties.

“The majority of our clients own multiple properties, for many, there is no such thing as a sole primary residence,” Ruthie Assouline told Elliman Insider earlier this year. “When purchasing in Miami, they’re not necessarily relocating—they’re reconfiguring for the next phase of their lives. With increased work-life flexibility, they can hop on a plane and get from New York to Miami faster than it takes to drive to the Hamptons.”