PALM BAY TOWERS CONDO

720 NE 69th St # 12S, Miami FL 33138

5 beds · 4.5 baths · 5,914 ft²

For Sale · Active Listing

$4,995,000

Est. Payment $26,585/mo

MLS Sheet Video

5

Bedrooms

4.5

Bathrooms

5,914

Sq. Ft.

1972

Year Built

27

Stories

51

Days on Market

Description

Experience unparalleled luxury in this one-of-a-kind 5,914 SF residence at the iconic Palm Bay Towers. Situated on 10 acres of lush waterfront, this boutique tower has just completed a comprehensive 4-year building renovation, ensuring a peaceful living experience within a secluded bayfront oasis. Boasting water views from every terrace, this home offers rare peace of mind with protected zoning, ensuring your views of Biscayne Bay remain forever unobstructed. Privacy is paramount, sharing the floor with only one other residence. The interior was recently renovated with top-of-the-line finishes, featuring a high-end chef's kitchen and spa-like bathrooms. Boaters will love the on-site marina (renovation approved and beginning soon), offering the luxury of parking your yacht just outside your door. Amenities include a resort-style pool, tennis courts, gym, and an expansive grilling area. Nestled between Belle Meade and Morningside, this prime location is minutes from the Design District’s luxury shopping and dining, yet remains a quiet, gated sanctuary. This is refined Miami waterfront living.

Facts

MLS#
A11968876
Subdivision
PALM BAY TOWERS CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1972
Lot Size
0 sqft
Sq. Ft.
5,914 ft²
Sq. Mt.
549 m²
Price per sq. ft.
$845/ft²
Price per sq. mt.
$9,098/m²
Stories
27
Garage
Pool
Days on Market
51 days
Listed
Feb 19, 2026
Last Updated
Apr 11, 2026
Price/Lot Sq.Ft.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

45

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/19/2026Listed for sale$4,995,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

720 NE 69th St # 12S, Miami FL 33138Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$30,898/mo

Principal & Interest

$26,585

Property Tax

$4,163

Insurance

$150

HOA

$0

20% ($999,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated within 24 hours

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