Elcom Hotel and Spa owns 51 condo-hotel units at One Bal Harbour plus 41,047 sq feet of hotel space. A motion has been filed in U.S. Bankruptcy Court to auction the properties with a reserve of $13,000,000. The debt against the Elcom holdings at One Bal Harbour is around $20 million dollars. The building is located at the North end of Bal Harbour on the east side of Collins Avenue just before the bridge heading north to Sunny Isles.
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