palm bay yacht club condo miami

• Real Estate
• Palm Bay Yacht Club

Pet-friendly Palm Bay Yacht Club condos for sale at NE 69thStreet Mid-Beach, Miami—# 720 (27 stories, 66 units, 1972 vintage), # 770 (9 stories, 115 units, 1965 vintage), and # 780 (27 stories, 235 units, 1982 vintage)—emerge from three towers on a nine-acre real estate footprint. Located on the west banks of Biscayne Bay, they face La Gorce Country Club (directly opposite on the Intracoastal's east perimeter), Legion Picnic Islands, and Bird Key. The approximately 377 units in the medium- to high-rise skyscrapers deliver accommodations from 1,042 to 5,289 square feet under air (UA)—one to three-bedroom floor plans with up to five bathrooms.  The Palm Bay Yacht Club developers delivered luxury living to small families, snowbirds, and retirees in the Upper East Side neighborhood adjacent to Biscayne Boulevard and a hop, skip, and jump from Miami Downtown. The complex integrates several 200-linear-foot direct bay sections with unobstructed water views for many residents, breathtaking night lightscapes, tropical nature preserve vistas, and striking Miami skyline outlooks as backdrops.

The Palm Bay Yacht Club condominium community in the 780 tower has been shocked with massive special assessments (nearly $200,000 per unit) in the wake of the Surfside condo building collapse and the extra-scrutiny affecting old-vintage constructions. We advise investigating the HOA commitments and history carefully before buying (different scenarios, depending on the tower selected).  Nonetheless, this prime location’s units are worth looking at (sitting as it does among the modern Miami condos) close to several restaurants, bars, delis, and supermarkets. Short auto rides take residents to South Beach, Lincoln Road retail outlets, the Aventura Mall, and Bal Harbour Shops for great shopping experiences. Downtown Miami pickleball venues, excellent schools, golf courses, museums, the Miami International  Airport, and other metro conveniences are less than twenty minutes' drive-time away.

Prospective condo buyers and investors interested in a full-service resort enclave with a liberal leasing program offering a reasonable minimum rental period find Palm Bay Yacht Club uniquely attractive. Why? They routinely discover seller/HOA renovations that have resulted in spectacular interiors with upgraded galley-converted chef's kitchens around custom cabinetry and premium stainless steel appliances.

Upgraded private balconies, high-impact windows and sliders, new flooring (fashioned from porcelain, luxury laminates, or engineered wood), open floor plans, granite, stone, or onyx countertops, and more are notable seller-remodeled additions.

Monthly HOA fees of approximately $1.38, $1.66, and $1.84 per square foot of condo ownership (UA) cover deep-water boat docks in one's backyard with fast ocean inlet access and no fixed bridges. They extend to 24/7 gated security personnel, elegant lobbies with personnel attendance, and an incredible heated swimming pool merging with a sundeck and loungers. Then, filling other luxury facility gaps, Palm Bay Yacht Club occupants enjoy Four Har-Tru night-lit tennis courts, a remodeled and upgraded fitness center, covered garage parking for residents with allocated spaces, and an in-community convenience store.

The HOA fees conclude the resident benefits with a multi-room clubhouse, high-speed elevators, laundry facilities on every floor, an immaculately manicured campus, and building insurance.

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Palm Bay Yacht Club is a waterfront condominium building in Miami, Florida, with a range of options priced between $295,000 and $1,099,000. There are currently a total of 10 condos for sale in Palm Bay Yacht Club . The smallest Palm Bay Yacht Club condo presently available is a one bedroom one bathroom residence that is 521 square feet, and the largest of the Palm Bay Yacht Club condos currently on the market has three beds and three baths and is a 2,548 square foot residence.

The Palm Bay Yacht Club complex offers a plethora of amenities for its residents to enjoy, including a clubhouse, swimming pool, spa / hot tub, cabana, a state-of-the-art fitness center, sauna, game room, billiards room, hobby room, laundry facilities, business center, vehicle wash area, and a library. Sports facilities include tennis courts, pickleball, and basketball. Onsite dining venues consist of a picnic area, and a barbecue area.

Boating enthusiasts will love the fact that the community has boat faclities including a boat dock, and a community marina. There is also walking or jogging trails, as well as beach access.

The Palm Bay Yacht Club HOA rules do allow homeowners to have pets. There is a limitation on pet size.

There are three commercial airports near Palm Bay Yacht Club - Miami International Airport ( MIA ), which is seven miles away; Miami Opa Locka Executive ( OPF ), which is eight miles away, and Fort Lauderdale Hollywood International Airport ( FLL ), which is sixteen miles away. For those who fly private, there are three private airports nearby: North Perry ( HWO ), Miami Executive ( TMB ), and Fort Lauderdale Executive ( FXE ), all within twenty five miles of the Palm Bay Yacht Club complex.

Palm Bay Yacht Club real estate activity on the Miami MLS during the past year (as of July 2024) reflects seventeen condos changing hands, with an average asking price of $454,412 and an average selling price of $402,715. This represents a list-to-sell price ratio of 89% and $258 per square foot. During this period, Palm Bay Yacht Club condos for sale have taken an average of 149 days to sell.

In addition, there are numerous other buildings in Miami to choose from, or you may browse all available Condos for sale in Miami . Condos in Palm Bay Yacht Club are selling quickly. Set up a new listing alert , and we will notify you immediately when a new waterfront condo in Palm Bay Yacht Club hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your South Florida real estate needs.

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THE PALM BAY YACHT CLUB C

Interior Features

• Split Bedroom
• Walk-In Closet(s)

Exterior Features

• East Of Us1
• Open Balcony
• Tennis Court(s)
• Basketball Court
• Bike Storage
• Elevator(s)
• Exercise Room
• Heated Pool

Lease Information

Property tax information.

• Palm Bay Yacht Club

Palm Bay Yacht Club Condos For Sale - Miami

Welcome to your local Palm Bay Yacht Club condos for sale & Miami real estate resource. To request up-to-date information, including sales history and prices, property disclosures, and more about Palm Bay Yacht Club properties for sale, or to arrange your 780 NE 69 St, Miami, FL private showing, contact your local real estate experts today. Read more about Palm Bay Yacht Club real estate .

Condos For Sale in Palm Bay Yacht Club Miami

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Purchasing a condo in Palm Bay Yacht Club? Call Laurie Finkelstein Reader Real Estate at (954) 415-4602 today! Our real estate agents are here to help with the Palm Bay Yacht Club housing market.

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The Palm Bay Yacht Club condo listings on this page are updated several times per day with information from the Miami, Florida MLS.

Every Palm Bay Yacht Club MLS listing features important details entered by the listing agent, such as property price, days on the market, square footage, year built, lot size, number of bedrooms and bathrooms, assigned schools, and construction type.

Check the current listing status and the local Palm Bay Yacht Club property tax information. As available, numerous property features such as greenbelt locations, views, swimming pools, and Palm Bay Yacht Club community amenities, including parks and golf courses, will be listed.

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Palm Bay Yacht Club - 780 NE 69th St El Portal, FL 33138

WENDY MENDOZA

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Bayfront Miami condo tower embroiled in legal battle over major assessment

10 unit owners are suing the association and property management firm

• Katherine Kallergis

A bayfront Miami condominium in need of repairs is in a legal fight pitting unit owners against the condo association.

The 27-story, 235-unit Palm Bay Yacht Club made headlines last week over a proposed $46 million special assessment to fund repairs required for the property’s 40-year recertification. A group of 10 unit owners filed a lawsuit in October against the Palm Bay Yacht Club Condo Association, affiliates of the property management firm AKAM and other companies, alleging fraud and negligence.

The tower at 780 Northeast 69th Street was constructed in 1982 on a waterfront lot that includes a pool, sports courts and a parking lot.

In the lawsuit, unit owners allege that AKAM and the association knowingly made false statements about the scope of the project by including additional repairs beyond those required by the 40-year recertification, said attorney Jane Muir, who represents the 10 unit owners. The lawsuit alleges each unit owner would owe more than $175,000 for the repairs. It claims that AKAM is double-dipping and inflating the cost of the project, which AKAM denies.

An amended complaint, filed in Miami-Dade Circuit Court in December, alleges that engineers hired by the plaintiffs found errors that had a combined cost of more than $11 million. It claims that the defendants “mismanaged, misappropriated, or facilitated the misappropriation of association funds.”

“Absent court intervention, defendants will encumber the residents with insurmountable debt, risking foreclosure and bankruptcy for many individual residents and for the association,” the lawsuit states.

Unit owners are seeking an injunction against the association, with the goal of having a receiver appointed to take over the association, according to Muir. An evidentiary hearing that began on Monday was postponed to later this week, said representatives for both sides.

“No matter what these 10 unit owners think, the work has to be done. It’s only limited as to what can or cannot be done,” said attorney Jonathan Bloom of Bloom & Freeling, who represents AKAM. “Don’t people want to go to bed safe?”

The dispute is also playing out in the court of public opinion, with the unit owners appearing on local TV news fighting the size of the assessment and how money allegedly has been handled.

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Increased scrutiny of the physical conditions of condo buildings in the 20 months since the deadly Surfside condo collapse has led many associations across South Florida to impose multimillion-dollar special assessments or increase homeowners association fees to pay for life and safety repairs. 

Palm Bay Yacht Club’s association estimated that the recertification — which is required by law in Miami-Dade County — will cost about $33 million, and that the cost to replace the windows and doors with storm impact windows and doors is $15.7 million. The building has received unsafe structure violations from the city of Miami.

Amid the legal battle, the board voted on Saturday to approve a loan to fund the $33 million recertification project. The association approved replacing the railings, but did not approve the impact windows and doors, according to a spokesperson for AKAM. The spokesperson declined to disclose the loan amount.

According to a letter sent to unit owners, an engineering firm found that the balcony railing system “reached its end of useful life,” and the railings no longer comply with the city’s building code.

“My clients do agree that the recertification must be achieved, and they also believe that some repairs must be done,” Muir said. “The problem is the scope of the project.”

Greg Main-Baillie, who leads the new condo restoration division at Colliers, said he expects more associations will face similar lawsuits in the wake of the Surfside collapse, as many condo owners don’t understand what it takes to maintain older structures. Main-Baillie compared an aging building to a person in need of surgery.

“Until you actually get into the area of infection, you really don’t understand how bad it is,” said Main-Baillie, who is not involved in Palm Bay Yacht Club. “In the buildings that haven’t maintained themselves, the cancer is going to spread.”

The letter the association sent to owners suggests the same, imploring owners to “properly repair and protect our investment.”

“We feel bad that unit owners are going to incur expenses,” Bloom told The Real Deal . “[But] when you buy a condominium, you take the good, bad and the ugly.”

Palm Bay Yacht Club 780 NE 69th St # 1805, Miami FL 33138 Condo For Rent

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ENJOY SPECTACULAR BAY AND CITY VIEWS FROM THIS VERY LARGE AND SPACIOUS 2 BEDROOMS 2 BATH UNIT IN THE HEART OF MIAMI. THIS GORGEOUS UNIT FEATURES TILE FLOORS THROUGHOUT WITH A LARGE BALCONY. WASHER /DRYER INSIDE UNIT. BUILDING HAS FITNESS CENTER, 24 HR CONCIERGE, VALET PARKING AND CONVENIENCE STORE. LOCATED CLOSE TO BISCAYNE BLVD, TRENDY EDGEWATER, DESIGN DISTRICT, MIDTOWN, PARKS, ETC.

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'Million Dollar Listing' reality TV star Ryan Serhant opens new office in Jupiter

Celebrity Realtor and reality TV star Ryan Serhant is opening his second office in Palm Beach County after adding 50 agents to his local roster and surpassing $300 million in closed sales over the past year.

Serhant, who starred in the Emmy-nominated “Million Dollar Listing New York” series and has a new show on Netflix called “Owning Manhattan," launched a Delray Beach office of the firm Serhant. (the period is part of the name) in the spring of 2023.

He is scheduled to open his second office Aug. 1 at Harbourside Place in Jupiter.

“We have proven that we aren’t just the new kids on the block in Palm Beach County, we are continuing to grow with top producing agents and setting record sales prices,” said Christian Prakas, the opening broker of Serhant. in Delray Beach. “We are thrilled with the success we’ve had so far.”

Prakas, who built the Delray Beach office from scratch, said the Jupiter office will open with 15 agents.

“We have already added some great people that were exposed to us via the show and we've signed three new listings this week due to seller’s seeing what we do best via Netflix,” Prakas said.

Serhant, who was one of three New York Realtors followed by the Bravo TV series “Million Dollar Listing,” founded Serhant. in the fall of 2020. He now has 600 agents and announced last year he was expanding into seven East Coast markets, including South Florida.

The new Netflix show “Owning Manhattan” follows a handful of Serhant. agents — from novices to seasoned professionals — as they hawk high-rise condominiums, apartments and townhomes in the competitive world of luxury listings.

Ryan Serhant opens office in Delray: Bravo TV real estate celebrity joins 'Beverly Hills Housewives' star in move to Palm Beach County

Serhant said last year that Palm Beach County was an obvious next step for his firm.

In 2021, he co-represented the buyer of the beachfront home at 535 N. County Road in Palm Beach, which set the record at the time for the highest residential sale on the island at a recorded $122.7 million.

That sale has since been surpassed with the current record of $170 million for an oceanfront Palm Beach estate at 598 N. County Road.

Serhant also noted West Palm Beach as a growing market.

“West Palm has become the new epicenter for large multi-billion-dollar financial institutions that have migrated to South Florida within the last three years,” Serhant said in an email to The Palm Beach Post last year. “We are experiencing a massive growth that is directly correlated with the real estate explosion on Palm Beach Island, and the migration to the Wall Street South.”

West Palm Beach and Palm Beach experienced a 93% increase in millionaires between 2013 and 2023, ranking the two cities third nationwide in this year’s Henley & Partners USA Wealth Report.

"The Serhant name has helped us build immediate credibility with clients," said Nicholas Gonzalez, who is a founding agent in the Delray Beach office. "He is super involved in his business and it's so cool that we can go on a listing appointment and if we need him to make the seller feel comfortable, he's easily accessible."

Gonzalez said while home sales have cooled since the frenzied early days of the pandemic, a specialized development division at Serhant. assembles branding packages for new projects to help its agents boost sales. The division worked with Gonzalez and his colleague Matthew Moser to market the Siréne Villas in Delray Beach, which are selling for between $5.3 million and $5.5 million. Gonzalez said Serhant. will "create a whole vibe" around a project whether it's a new single-family home or multi-unit development.

"They are taking the same method they use to sell 400-unit buildings in New York City and applying it here," Gonzalez said.

Serhant, whose new Jupiter office is at 114 N. Coastal Way, is one of at least three real estate agents doing business in Palm Beach County whose reputations were boosted by reality television shows.

Mauricio Umansky, who appeared on the “Real Housewives of Beverly Hills” and now has his own Netflix series “Buying Beverly Hills,” opened a Palm Beach office of his firm The Agency in 2023. Umansky is separated from “Real Housewives of Beverly Hills” star Kyle Richards.

More: 'Million Dollar Listing' star Fredrik Eklund moved to Miami as South Florida real estate booms

Fredrik Eklund, who co-starred with Serhant on “Million Dollar Listing New York”, opened an office of his Eklund Gomes Team at the Jupiter Yacht Club shortly before the COVID-19 pandemic.  

Eklund, who has since moved to Miami after a stint in California, said in an interview earlier this year that he was drawn to Florida because of the number of new developments. Last year, the Eklund Gomes Team had $3.77 billion in total transactions from agents in New York, California, Texas and Florida.

“In LA, there just wasn’t a lot of new construction,” Eklund said.

Serhant, who is 6-foot-3, and Eklund, who is 6-foot-5, had a competitive — sometimes contentious — relationship on "Million Dollar Listing."

In Jupiter, their offices will be less than a mile from each other.

"I think there will be some natural competition between the two offices," Gonzalez said.

Kimberly Miller is a journalist for The Palm Beach Post, part of the USA Today Network of Florida. She covers real estate and how growth affects South Florida's environment. Subscribe to The Dirt for a weekly real estate roundup. If you have news tips, please send them to [email protected].   Help support our local journalism, subscribe today.