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$1,799,000

Beds
3
Baths
3.0
sq ft
1,520

5225 Collins Ave Unit PH7, Miami Beach, FL 33140

5225 Collins Ave Unit PH7

Miami Beach, FL 33140

  • 26 days on market
Step into this bright 3BD/3BA furnished penthouse with a large balcony offering stunning ocean, city, and bay views. At 1,860 SF (per owner), it boasts a spacious living/dining area and a granite kitchen. Natural light fills the unit through oversized impact windows/doors. Includes washer/dryer. Enjoy valet, concierge, maid service, gym, spa, restaurant, café, 2 pools, poolside bar, and beach service. Maintenance covers electricity, AC, Wi-Fi, hot water, and cable. Click the virtual tour link for a video.

Details

Property type

Condominium

Est. home value

$1,270,486

Lot size

Unknown

Price per sq ft

$1,184

Year built

1962

Annual property taxes

$15,616

Monthly HOA fee

$1,685

Price History

10/10/2024
SEF

SEF #A11049306

Removed
$1,999,000
+11.12%
10/10/2024
SEF

SEF #A11673028

Listed
$1,799,000
-10.01%
05/15/2024
SEF

SEF #A11049306

Price change
$1,999,000
-9.1%

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

Meridian Residential Capital Llc

Loan start date

March 2005

Original loan amount

$500,000

Est. remaining balance

$272,398

Interest rate

5.66%

Loan type

Not Provided, 30 year

Seller

Malkie Neuberg

Lender

Meridian Residential Capital Llc

Loan start date

March 2005

Original loan amount

$500,000

Est. remaining balance

$272,398

Interest rate

5.66%

Loan type

Not Provided, 30 year

Seller

Malkie Neuberg

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: 11/05/2024 at 6:15 PM

Listing updated: 10/10/2024 at 6:37 PM

Listed by: Michele Redlich, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11673028

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