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$675,000

Beds
2
Baths
2.0
sq ft
1,241

5005 Collins Ave Unit 506, Miami Beach, FL 33140

5005 Collins Ave Unit 506

Miami Beach, FL 33140

  • <1 day on market
ALL ASSESSMENTS PAID AT CLOSING! Live the Miami Beach dream on iconic Millionaire’s Row! This stunning 2/2 split floor plan unit offers breathtaking, unobstructed intracoastal views from your private balcony. Enjoy a light-filled space with two spacious bedrooms, walk-in closets, a modern kitchen with SS appliances, in-unit full-size washer & dryer, and remodeled bathrooms. The building has undergone major renovations, including impact windows & doors. The 40 & 50-year certifications have also been completed. Resort-style amenities include a 24-hour concierge, beach service, heated pool, gym, BBQ area, and on-site restaurant. Private dock space available across Collins Ave. Steps from Fontainebleau, Soho Beach House, and Faena District. Currently rented at $3,100/month until 8/27/25.

Details

Property type

Condominium

Est. home value

$881,399

Lot size

Unknown

Price per sq ft

$544

Year built

1964

Annual property taxes

$5,198

Monthly HOA fee

$1,500

Price History

03/17/2025
SEF

SEF #A11732883

Removed
$675,000
03/17/2025
SEF

SEF #A11765868

Listed
$675,000
03/10/2025
SEF

SEF #A11732883

Price change
$675,000
-3.43%

Schools & Community

Neighborhood: 

Oceanfront

Elementary school: 

North Beach

Middle school: 

Nautilus

High school: 

Miami Beach

Number of units in community: 

316

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

Movement Mortgage

Loan start date

January 2024

Original loan amount

$106,052

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Credit Line (Revolving), 30 year

Seller

Claire Natoli and John Balian

Lender

Movement Mortgage

Loan start date

January 2024

Original loan amount

$106,052

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Credit Line (Revolving), 30 year

Seller

Claire Natoli and John Balian

Lender

Citibank Federal Savings Bank

Loan start date

August 1999

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

7.65%

Loan type

New Conventional

Seller

Claire Natoli

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?

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Status: Active

Tomo last checked: 03/19/2025 at 1:25 AM

Listing updated: 03/18/2025 at 9:05 PM

Listed by: Jason Turner, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11765868

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