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$7,900,000

Beds
3
Baths
4.5
sq ft
2,804

15701 Collins Ave Unit 4801, North Miami Beach, FL 33160

15701 Collins Ave Unit 4801

Sunny Isles Beach, FL 33160

  • 91 days on market
    • Price drop $600,000↓
Junior Penthouse at Ritz-Carlton Sunny Isles. Experience unparalleled luxury in this exquisite architect gut-renovated 3 BR + den, 4.5 BA residence on the 48th floor with 14ft cathedral ceilings. Approx. 3,000 sqft of meticulously designed living space with two large private terraces. Enjoy ocean views from sunrise to sunset through grand floor-to-ceiling windows. Impeccable details include custom millwork, white oak herringbone wood floors, imported marbles & Gaggenau appliances. As previously marketed- in addition to the residence, unit can come fully furnished including a brand new hardly used Bentley Continental GT V8. The Ritz-Carlton Residences Sunny Isles offers world-class amenities including beach access, swimming pools, oceanfront gym, spa, theatre, lounge, fine dining options.

Details

Property type

Condominium

Est. home value

$6,082,911

Property condition

New Construction

Lot size

Unknown

Price per sq ft

$2,818

Year built

2020

Annual property taxes

$72,720

Monthly HOA fee

$4,888

Price History

06/02/2024
SEF

SEF #A11563657

Price change
$7,900,000
-7.06%
04/05/2024
SEF

SEF #A11563657

Listed
$8,500,000
+57.41%
03/11/2022
SEF

SEF #A11244024

Sold
$5,400,000

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

Midfirst Bank

Loan start date

September 2023

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

6.9%

Loan type

Credit Line (Revolving), 1 year

Seller

Greg Andrew Propper and Michael Steven Torbiak

Lender

Midfirst Bank

Loan start date

September 2023

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

6.9%

Loan type

Credit Line (Revolving), 1 year

Seller

Greg Andrew Propper and Michael Steven Torbiak

Lender

Pnc Bank Na

Loan start date

March 2022

Original loan amount

$4,050,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

New Conventional, 30 year

Seller

Greg Andrew Propper and Michael Steven Torbiak

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: 07/04/2024 at 11:15 PM

Listing updated: 06/29/2024 at 11:34 AM

Listed by: Fredrik Eklund, Douglas Elliman Phone #: (305) 695-6070

MLS: SEF #A11563657

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