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$1,999,000

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

  • 1129 days on market
    • Price drop $200,000↓
Lowest priced 3/3 in Mid-Miami Beach oceanfront building. Double doors open into this bright, remodeled & furnished 3BD/3BA penthouse apartment w/large balcony and beautiful ocean, city & bay views. This spacious apartment is 1,860 SF per the owner and features a large living room/dining area & breakfast bar. The large primary bedroom has high ceilings and floor-to-ceiling sliding doors opening to the balcony. Enjoy plentiful natural light from the oversized impact windows/doors. This unit has a washer/dryer as well. Amenities to enhance your stay include valet, concierge service, maid service, gym, spa, restaurant, cafe/bakery/wine shop, 2 pools, poolside bar & beach service. The maintenance includes electricity, central AC, Wi-Fi, hot water, cable. Click virtual tour link to see video.

Details

Property type

Condominium

Est. home value

$1,270,486

Lot size

Unknown

Price per sq ft

$1,316

Year built

1962

Annual property taxes

$15,616

Monthly HOA fee

$1,685

Price History

05/15/2024
SEF

SEF #A11049306

Price change
$1,999,000
-9.1%
05/03/2024
SEF

SEF #A11049306

Price change
$2,199,000
+83.4%
05/28/2021
SEF

SEF #A11049306

Listed
$1,199,000

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

Meridian Residential Capital Llc

Loan start date

March 2005

Original loan amount

$500,000

Est. remaining balance

$278,741

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

$278,741

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: 07/05/2024 at 12:35 AM

Listing updated: 06/21/2024 at 9:05 PM

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

MLS: SEF #A11049306

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