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$565,000

Beds
2
Baths
2.0
sq ft
1,040

5161 Collins Ave Unit 701, Miami Beach, FL 33140

5161 Collins Ave Unit 701

Miami Beach, FL 33140

  • 159 days on market
    • Price drop $15,000↓
Experience chic beachside living in the luxurious Seacoast Towers, offering the lowest priced 2-bedroom condo. Nestled in serene Mid-Beach, this oceanfront gem provides tranquility & convenience with the beachwalk & stunning shoreline just steps away. Embrace an outdoor lifestyle in a setting designed for living well. This renovated split-bedroom floor plan boasts brand new appliances, granite countertops, upgraded AC, fresh paint. With abundant natural light and a flexible 30-day rental policy, it's an ideal home or investment. Pet-friendly, assigned parking, internet/cable, hot water, beach and pool chair/umbrella service, and an outdoor pool deck café. The iconic Seacoast, known for its Morris Lapidus architecture and grand lobby, is the most sought-after building on Millionaire’s Row.

Details

Property type

Condominium

Est. home value

$672,302

Lot size

Unknown

Price per sq ft

$544

Year built

1966

Annual property taxes

$8,250

Monthly HOA fee

$1,067

Price History

12/23/2024
SEF

SEF #A11625709

Price change
$565,000
-2.59%
11/20/2024
SEF

SEF #A11625709

Price change
$580,000
-3.17%
09/26/2024
SEF

SEF #A11625709

Price change
$599,000
-0.99%

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

Enrique Ochoa

Loan start date

November 2006

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Balloon

Seller

Gelga N Villadiego

Lender

Enrique Ochoa

Loan start date

November 2006

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Balloon

Seller

Gelga N Villadiego

Lender

Argent Mortgage Company Llc

Loan start date

February 2006

Original loan amount

$380,000

Est. remaining balance

Not provided

Interest rate

7.45%

Loan type

Not Provided, 30 year

Seller

Gelga N Villadiego

Lender

Argent Mortgage Company Llc

Loan start date

February 2006

Original loan amount

$380,000

Est. remaining balance

Not provided

Interest rate

7.45%

Loan type

Not Provided, 30 year

Seller

Gelga N Villadiego

Lender

Interamerican Bank Fsb

Loan start date

December 2004

Original loan amount

$130,000

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Credit Line (Revolving), 10 year

Seller

Gelga Villadiego

Lender

Interamerican Bank Fsb

Loan start date

December 2004

Original loan amount

$130,000

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Credit Line (Revolving), 10 year

Seller

Gelga Villadiego

Lender

Ineramerican Bank

Loan start date

July 2001

Original loan amount

$122,500

Est. remaining balance

Not provided

Interest rate

7.14%

Loan type

New Conventional

Seller

Gelga N Villadiego

Lender

Ineramerican Bank

Loan start date

July 2001

Original loan amount

$122,500

Est. remaining balance

Not provided

Interest rate

7.14%

Loan type

New Conventional

Seller

Gelga N Villadiego

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: 12/28/2024 at 1:00 PM

Listing updated: 12/23/2024 at 3:21 PM

Listed by: Krisztian Nagy, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11625709

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