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$1,250,000

Beds
2
Baths
2.0
sq ft
1,410

5161 Collins Ave Unit 1718, Miami Beach, FL 33140

5161 Collins Ave Unit 1718

Miami Beach, FL 33140

  • 67 days on market
    • Price drop $70,000↓
Turnkey masterpiece Beach Residence with 2 bed & 2 bath. Sweeping views of the bay, canal and ocean. Completely renovated in elegant modern style. Gorgeous white marble floors, super size master bath. Washer & Dryer inside unit. The building has a new lobby and hallways, great gym, marina, full time beach service, pet friendly, 30 day rentals allowed. The Seacoast is a luxury euro-chic resort style oceanfront condominium on Millionaires Row. The area defined by its more laid-back atmosphere compared to the action of South Beach, Mid Beach features family-owned shops and restaurants in the 41st street district. Enjoy the outdoors by strolling along the new wooden boardwalk over the beach.

Details

Property type

Condominium

Est. home value

$858,930

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$887

Year built

1966

Annual property taxes

$13,220

Monthly HOA fee

$1,441

Price History

10/04/2024
SEF

SEF #A11632813

Price change
$1,250,000
-5.3%
07/31/2024
SEF

SEF #A11632813

Listed
$1,320,000

Schools & Community

Neighborhood: 

Oceanfront

Elementary school: 

North Beach

Middle school: 

Nautilus

High school: 

Miami Beach

Number of units in community: 

441

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

Interamerican Bank

Loan start date

May 1997

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

7.94%

Loan type

New Conventional

Seller

Hubert Mattouk and Francoise Remordet Matto

Lender

Interamerican Bank

Loan start date

May 1997

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

7.94%

Loan type

New Conventional

Seller

Hubert Mattouk and Francoise Remordet Matto

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 2:25 PM

Listing updated: 10/03/2024 at 9:07 PM

Listed by: Miriam Poggio, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11632813

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