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$450,000

Beds
2
Baths
2.0
sq ft
960

5225 Collins Ave Unit 411, Miami Beach, FL 33140

5225 Collins Ave Unit 411

Miami Beach, FL 33140

  • 27 days on market
    • Price drop $45,000↓
NO RENTAL RESTRICTIONS! CAN RENT RIGHT AWAY THROUGH AIRBNB! Welcome to the Alexander Condominium, a condo hotel that offers the advantages to lease immediately after closing, no minimum or maximum lease period is required. The condo is updated and furnished featuring 2 bedrooms with each 'en-suite' bathroom, a feature very attractive to renters. The modern kitchen opens to a dining room/Living room combination that allows the guest to enjoy endless views of the ocean, the bay, and the beach. The building offers amazing amenities including a glorious pool, modern gym, and direct beach access; valet parking, beach/pool service, maid service,and concierge. Maint fees include electricity, a/c,cable,wi-fi,and beach lounge chairs. Seller will cover all outstanding special assessments at closing.

Details

Property type

Condominium

Est. home value

$552,223

Lot size

Unknown

Price per sq ft

$469

Year built

1962

Annual property taxes

$6,969

Monthly HOA fee

$1,807

Price History

12/09/2024
SEF

SEF #A11699516

Price change
$450,000
-9.09%
11/25/2024
SEF

SEF #A11699516

Listed
$495,000
-0.8%
11/14/2024
SEF

SEF #A11594049

Removed
$499,000

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

Suntrust Bank

Loan start date

November 1997

Original loan amount

$70,000

Est. remaining balance

Not provided

Interest rate

7.28%

Loan type

New Conventional

Seller

Mario E Zambrano and Patricia T Zambrano

Lender

Suntrust Bank

Loan start date

November 1997

Original loan amount

$70,000

Est. remaining balance

Not provided

Interest rate

7.28%

Loan type

New Conventional

Seller

Mario E Zambrano and Patricia T Zambrano

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: 12/23/2024 at 1:10 AM

Listing updated: 12/10/2024 at 3:10 PM

Listed by: Ana Goulart De Andrade, Xcellence Realty Phone #: (866) 595-6025

MLS: SEF #A11699516

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