French insurance executive Solly Azar has sold his Oceana Bal Harbour condominium for $30.5 million to Dan Fischel and Sylvia Neil, both well-known legal figures from Chicago. The transaction sets a new record for condo sales in Bal Harbour, surpassing the previous high of $25 million for another unit in the same building, which was set in 2023.
According to property records, a trust associated with Azar sold unit 2601 at 10201 Collins Avenue to Fischel and Neil for $29 million, or nearly $3,900 per square foot. The total purchase price includes a two-space parking garage and furniture as listed by the agents involved.
The residence measures 7,442 square feet and features four bedrooms, four bathrooms, and two half-bathrooms. It was initially listed for $35.9 million with Ruthie and Ethan Assouline and Eytan Namiech of the Assouline Team at Douglas Elliman. Joelle Oiknine, Marie Miller, and Nathalie Attias of the Joelle Team at One Sotheby’s International Realty represented the buyers.
Azar originally acquired the combined units that make up this condo for $16.3 million when Oceana Bal Harbour was completed in 2017. The property also includes 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 several notable cases such as those involving Enron. Fischel also wrote “Payback: The Conspiracy to Destroy Michael Milken and His Financial Revolution,” a book defending Milken after he pleaded guilty to insider trading charges.
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 also involved buyers from Chicago; two years ago, an entity from that city paid $25 million for unit 2101—a similarly sized condo with six bedrooms—also brokered by the Assouline Team.
Oceana Bal Harbour is a 28-story oceanfront tower featuring amenities such as a spa, tennis courts, library, pool, and poolside restaurant.
