Oceana Bal Harbour condo sells for $12M

UPDATED, July 18, 9:40 p.m.: An Oceana Bal Harbour condo sold for $12.4 million, up $3 million, or 32 percent, from its last sale price five years ago.

Property records show Hizuru Ehara sold unit 1801 at 10201 Collins Avenue in Bal Harbour to Yam Elyam, a Florida LLC managed by Avram Friedman. The price equates to $3,100 per square foot.

Tracy Galya of Douglas Elliman represented the buyer. Mark Zilbert of his namesake brokerage Zilbert, and Lisa Van Wagenen of Brown Harris Stevens represented the seller. The brokers declined to comment on the buyer and seller.

Ehara bought the 3,992-square-foot, three-bedroom, four-bathroom condo for $9.4 million in 2017, records show.

Buenos Aires-based developer Consultatio, led by Eduardo Costantini, completed the 28-story tower in 2016. The Arquitectonica-designed waterfront tower has 240 units, and has attracted a wide range of high-profile residents.

Olshan Properties founder Morton Olshan and his wife Carol recently bought a condo in the tower from Anheuser-Busch CEO Michael Doukeris for $9.6 million in March. A former Russian politician, Vadim Gataullin, once listed by Forbes as one of the country’s wealthiest men, also sold his Oceana unit for $11.5 million in March. Kirill Stadnikov, a Russian helicopter mogul, sold his condo to the chief investment officer of Searay Capital for $10.5 million in February.

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Former Russian politician sells Oceana Bal Harbour condo for nearly $12M

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