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$5,950,000

Beds
4
Baths
4.5
sq ft
4,154

18555 Collins Ave Unit 2905, Sunny Isles Beach, FL 33160

18555 Collins Ave Unit 2905

Sunny Isles Beach, FL 33160

  • 940 days on market
    • Price drop $400,000↓
Amazing Unit, Direct Ocean Front, 4bed/3bath+1hbath+plus service room with bath+ Den/Family room. Terrace with private pool & summer kitchen, private garage, robotic car elevator. Five starts amenities: gym, spa, beach service, private restaurant, theater, virtual games, race car simulator, lounge bar. Highlights: Unit us leased until 2/28/25 for $22,000 monthly. Buyer can buy it with the lease. Great investment opportunity! But if buyer does not want the tenant we can notify him and he will vacate (we have a 60 day kick out clause). Garage is at the lower level (access with private stairs and private elevator) it is not at the kitchen level. Showing requests within 24 hs notice.

Details

Property type

Condominium

Est. home value

$6,612,050

Lot size

Unknown

Price per sq ft

$1,433

Year built

2016

Annual property taxes

$57,936

HOA

Yes

Price History

03/10/2022
SEF

SEF #A11172612

Listed
$5,950,000

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

Morgan Stanley Private Bank Na

Loan start date

September 2021

Original loan amount

$2,100,000

Est. remaining balance

$1,959,700

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

18555 Sunny Investments Properties Inc

Lender

Morgan Stanley Private Bank Na

Loan start date

September 2021

Original loan amount

$2,100,000

Est. remaining balance

$1,959,700

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

18555 Sunny Investments Properties Inc

Lender

Emigrant Mortgage Company Inc

Loan start date

January 2017

Original loan amount

$2,200,000

Est. remaining balance

Not provided

Interest rate

5.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

18555 Sunny Investments Properties Inc

Lender

Emigrant Mortgage Company Inc

Loan start date

January 2017

Original loan amount

$2,200,000

Est. remaining balance

Not provided

Interest rate

5.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

18555 Sunny Investments Properties Inc

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: 10/05/2024 at 10:30 PM

Listing updated: 09/30/2024 at 5:27 PM

Listed by: Romina Kotliar, Compra Venta Miami Phone #: (678) 651-3600

MLS: SEF #A11172612

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