Bellini Bal Harbour
Bellini — Bellini on the Ocean, at 10225 Collins Avenue — is Bal Harbour's estate-home tower: a 24-story curved-glass condominium completed in 2004 with only 77 residences, four per floor, ranging from about 3,000 to over 9,600 square feet. Developed by renowned South Florida luxury developer Martin Z. Margulies — the man behind Grove Isle in Coconut Grove and the Grand Bay Towers in Key Biscayne — and designed by Stuart Cohen of Cohen, Freedman & Encinosa, the building wraps 200 feet of ocean frontage in a striking white facade with glass-rail balconies. Interiors feature 10-foot ceilings, private elevator entry, marble and wood floors, and double-glazed hurricane glass. Amenities center on a 4,000-square-foot fitness center and spa by Spa Vida with its own café, a heated oceanfront pool, Italian-styled gardens, a private beach pavilion, and 24-hour concierge, valet, and security. The resale market is boutique and steady, and long-term rentals trade here as well.
Bellini Frequently Asked Questions
❯ Who is Martin Z. Margulies?
A veteran South Florida luxury developer whose projects include the Kenilworth tower next door in Bal Harbour, the Grand Bay Towers in Key Biscayne, and Grove Isle in Coconut Grove. Margulies specializes in low-density, high-specification condominiums — Bellini, with 77 homes on 200 feet of oceanfront, is the purest expression of that philosophy.
❯ How private is the building, really?
Very: four residences per floor across 24 stories, each with private elevator entry, means you may never share an elevator bank with a neighbor. The low density extends to the amenities — the Spa Vida fitness center, heated pool, and beach pavilion serve just 77 households, a ratio new mega-towers can't touch.
❯ How large are the residences?
Floor plans run two to seven bedrooms from roughly 2,900 to 9,656 square feet, with up to 10 bathrooms in the largest homes. Open-concept living, floor-to-ceiling windows, wraparound balconies, and coffered-foyer entries are standard, with pricing typically from about $3.1 million to $14 million.
❯ What is Spa Vida?
The building's 4,000-square-foot residents-only fitness center and spa, custom-designed by the ultra-elite Spa Vida brand, with an attached café serving breakfast and lunch. Combined with the heated oceanfront pool, Italian-styled gardens, and private beach pavilion, it gives the building a private-club wellness core.
❯ Can owners lease their units?
Yes — long-term rentals trade in the building, with recent asking rents from about $15,000 per month. Given the estate-sized floor plans, the rental market skews to annual luxury leases rather than seasonal turnover. Buyers should confirm current minimum terms and approval rules with the association.
❯ How does it compare to Oceana Bal Harbour nearby?
Oceana Bal Harbour (2016) offers newer construction, more units, and a bigger amenity deck; Bellini offers a fraction of the neighbors, larger average floor plans, and the Margulies pedigree at a lower price per square foot. Buyers choosing between them are really choosing between resort-scale amenities and private-club intimacy.
Key Facts
- Building: Bellini
- Address: 10225 Collins Avenue, Bal Harbour, FL 33154
- Neighborhood: Bal Harbour oceanfront, 200 ft of beach frontage
- Year completed: 2004
- Stories: 24
- Residences: 77 (4 per floor; 2–7 bedrooms, ~2,900–9,656 sq. ft.)
- Developer: Martin Z. Margulies (also developed Grove Isle, Grand Bay Towers, Kenilworth)
- Architect: Cohen, Freedman & Encinosa (Stuart Cohen)
- Wellness: 4,000-sq.-ft. Spa Vida fitness center and spa with café
Estate Living, Four Homes per Floor
The four-per-floor plate is the luxury: corner exposures for nearly every residence, private elevator foyers, and corridors you'll rarely see another soul in. Inside, the spec runs to 10-foot ceilings, marble and wood floors, built-in cabinetry, and glass-rail balconies framing the ocean. These are single-family-home proportions stacked vertically — the reason the building's per-square-foot values hold against much newer competition.
The Margulies Pedigree
Margulies doesn't build often, and when he does, the projects become landmarks: Grove Isle's island enclave, the Grand Bay Towers' Key Biscayne legacy. Bellini carries that same DNA — low density, high specification, architecturally distinct. For buyers who buy the developer as much as the floor plan, the name on the offering documents is the amenity.
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