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$785,000

Beds
2
Baths
2.0
sq ft
1,000

5151 Collins Ave Unit 1029, Miami Beach, FL 33140

5151 Collins Ave Unit 1029

Miami Beach, FL 33140

  • 365 days on market
    • Price drop $94,000↓
Huge price reduction!!This magnificent oceanfront building is located on the highly desirable Millionaire's Row and has undergone 40 & 50 year recertification. Building was designed by legendary arquitect Morris Lapidus, It is a 5 star resort that has all the amenities : pool side Tiki Bar , hair salon, heated pool, complimentary chairs & umbrellas at the pool. This spectacular 2 bedroom, 2 bath condo has incredible ocean and bay views. This unit is also completely renovated including a kitchen with granite countertops , custom range hood and porcelain floors. Both bedrooms have remote control blackout curtains. Seacoast allows short term rentals 12 times a year with 24 hour security and valet parking for guests. 1 covered parking space , furniture and storage bin is included .

Details

Property type

Condominium

Est. home value

$815,198

Lot size

Unknown

Price per sq ft

$785

Year built

1966

Annual property taxes

$6,541

Monthly HOA fee

$740

Price History

08/09/2024
SEF

SEF #A11456535

Price change
$785,000
-10.69%
06/15/2024
SEF

SEF #A11456535

Removed
$879,000
09/20/2023
SEF

SEF #A11456535

Listed
$879,000

Schools & Community

Neighborhood: 

Oceanfront

Elementary school: 

North Beach

Middle school: 

Nautilus

High school: 

Miami Beach

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

Washington Mutual Bank Fa

Loan start date

October 2003

Original loan amount

$177,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Balloon, 30 year

Seller

Bartolomeo Assenza and Vetzy Luz Perez Palma Franco In Assenza

Lender

Washington Mutual Bank Fa

Loan start date

October 2003

Original loan amount

$177,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Balloon, 30 year

Seller

Bartolomeo Assenza and Vetzy Luz Perez Palma Franco In Assenza

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: 09/19/2024 at 1:05 PM

Listing updated: 08/11/2024 at 5:37 PM

Listed by: Claudia Swanes, Swanes Group Realty, LLC Phone #: (305) 978-8685

MLS: SEF #A11456535

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