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$699,900

Beds
2
Baths
2.0
sq ft
1,040

5161 Collins Ave Unit 1101, Miami Beach, FL 33140

5161 Collins Ave Unit 1101

Miami Beach, FL 33140

  • 61 days on market
AMAZING 2/2 APARTMENT RIGHT ON THE OCEAN. COMPLETELY REMODELED, TASTEFULLY FINISHED AND READY TO MOVE IN. IF YOU PREFER TO PURCHASE AS AN INVESTMENT THIS UNIT CAN BE RENTED 12 TIMES A YEAR 30 DAYS MINIMUM. VERY DESIRABLE ADDRESS IN MILLONAIRES ROAD. FULL SERVICE BUILDING WITH LOTS OF AMENITIES: POOL (CURRENTLY UNDER REPAIR), FITNESS CENTER, BEAUTY SALON, TIKKI BAR, SECURITY, 24 HRS VALET PARKING, MINI MARKET, COMPLIMENTARY LOUNGE CHAIRS AND UMBRELLAS AT THE BEACH AND MUCH MORE. A MUST SEE!!

Details

Property type

Condominium

Est. home value

$674,083

Lot size

Unknown

Price per sq ft

$673

Year built

1966

Annual property taxes

$9,320

Monthly HOA fee

$1,067

Price History

08/06/2024
SEF

SEF #A11636483

Listed
$699,900
+32.06%
08/19/2021
SEF

SEF #A11043684

Sold
$530,000

Schools & Community

Neighborhood: 

Oceanfront

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

Farboock Limited

Loan start date

October 2020

Original loan amount

$210,000

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Commercial

Seller

Max Silver International Holdings Llc

Lender

Farboock Limited

Loan start date

October 2020

Original loan amount

$210,000

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Commercial

Seller

Max Silver International Holdings Llc

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: 10/06/2024 at 12:15 PM

Listing updated: 09/30/2024 at 5:43 PM

Listed by: Patricia Asbun Dunn, Great Miami Realty Group, LLC Phone #: (305) 400-8364

MLS: SEF #A11636483

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