French insurance executive Solly Azar has sold his Oceana Bal Harbour condominium for $30.5 million to Dan Fischel and Sylvia Neil, two legal professionals from Chicago. This transaction sets a new record for condo sales in Bal Harbour, surpassing the previous high of $25 million paid for another unit at Oceana in 2023.
According to property records, a trust linked to Azar sold unit 2601 at 10201 Collins Avenue to Fischel and Neil for $29 million, which amounts to nearly $3,900 per square foot. The total purchase price of $30.5 million includes a two-space parking garage and furniture as part of the deal.
The residence spans 7,442 square feet and features four bedrooms, four bathrooms, and two half-bathrooms. It was originally listed for $35.9 million by Ruthie and Ethan Assouline and Eytan Namiech of the Assouline Team at Douglas Elliman. Joelle Oiknine, Marie Miller, and Nathalie Attias from the Joelle Team at One Sotheby’s International Realty represented the buyers.
Azar acquired the combined units that form unit 2601 for $16.3 million when the building was completed in 2017. The condo also offers a wraparound terrace measuring 2,335 square feet.
Dan Fischel is a former dean of the University of Chicago Law School and co-founder of Compass Lexecon, an economic consulting firm based in Chicago. He has served as an expert witness in notable cases such as those involving Enron. Fischel also wrote “Payback: The Conspiracy to Destroy Michael Milken and His Financial Revolution,” defending Milken during legal controversies related to insider trading.
Sylvia Neil is a lecturer in law and former associate dean at the University of Chicago Law School. She currently serves as board chairperson of the Lyric Opera of Chicago.
The prior record sale in Bal Harbour involved another buyer from Chicago who paid $25 million for unit 2101—also brokered by the Assouline Team—two years ago.
Oceana Bal Harbour is a 28-story oceanfront tower with amenities including a spa, tennis courts, library, pool, and poolside restaurant.
