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$7,500,000

Beds
4
Baths
5.5
sq ft
3,204

15701 Collins Ave Unit 2205, North Miami Beach, FL 33160

15701 Collins Ave Unit 2205

Sunny Isles Beach, FL 33160

  • 33 days on market
Welcome to your own slice of paradise at The Ritz Carlton Sunny Isles, Unit 2205 - The most coveted line in the building. This stunning high rise residence is a true beauty, offering a perfect blend of luxury and comfort... This 4 bedroom, 4 balcony, 5.5 bathroom residence features newly upgraded open living spaces, marble floors throughout, 270° direct ocean views, and 10 ft. floor-to-ceiling windows that showcase the Atlantic Ocean and iconic Miami skyline... Enjoy 5-star luxury beachfront living courtesy of the Ritz Carlton Brand providing top of the line services. The Ritz Carlton Sunny Isles also offers a restaurant & room service, 2 pools, spa, fitness center, 24-hour concierge, and an exclusive club-level lounge, bar, and terrace that epitomize luxury living.

Details

Property type

Condominium

Est. home value

$7,741,250

Lot size

Unknown

Price per sq ft

$2,341

Year built

2020

Annual property taxes

$82,459

Monthly HOA fee

$5,457

Price History

05/29/2024
SEF

SEF #A11596165

Listed
$7,500,000
-11.76%
05/21/2024
SEF

SEF #A11477895

Removed
$8,500,000
10/31/2023
SEF

SEF #A11477895

Listed
$8,500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

City National Bank Of Florida

Loan start date

July 2021

Original loan amount

$3,825,000

Est. remaining balance

$3,583,340

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Sheenal Patel and Vamsikrishna Bonthala

Lender

City National Bank Of Florida

Loan start date

July 2021

Original loan amount

$3,825,000

Est. remaining balance

$3,583,340

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Sheenal Patel and Vamsikrishna Bonthala

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 06/30/2024 at 10:35 PM

Listing updated: 06/26/2024 at 1:05 PM

Listed by: Catherine Kalifeh, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11596165

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