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$835,000

Beds
1
Baths
2.0
sq ft
1,585

5255 Collins Ave Unit 7G, Miami Beach, FL 33140

5255 Collins Ave Unit 7G

Miami Beach, FL 33140

  • 114 days on market
    • Price drop $90,000↓
Chic loft-style oceanfront residence at coveted Imperial House! Enjoy breathtaking ocean sunrises, & bay & intracoastal sunset views. Water views from every room! This oversized 1BD/2BA residence boasts a fantastic open floor-plan filled w/natural light, gleaming wood floors, impact windows, high 10' ceilings, an open eat-in kitchen w/breakfast bar, 2 gorgeous baths & a washer/dryer. Live with the ocean at your doorstep! Imperial House is a full service building w/a rich history & elegant architectural design. The building was designed by renowned architect Morris Lapidus, who is celebrated for his iconic designs that helped shape the distinct aesthetic of Miami Beach in the mid-20th century. Offering an oceanfront pool, 24hr security, valet & great location!

Details

Property type

Condominium

Est. home value

$661,602

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$527

Year built

1963

Annual property taxes

$7,176

Monthly HOA fee

$2,275

Price History

06/07/2024
SEF

SEF #A11550732

Price change
$835,000
-9.73%
05/08/2024
SEF

SEF #A11550732

Price change
$925,000
-15.91%
03/15/2024
SEF

SEF #A11550732

Listed
$1,100,000

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

International Finance Bank

Loan start date

March 2022

Original loan amount

$431,900

Est. remaining balance

Not provided

Interest rate

4.92%

Loan type

New Conventional, 30 year

Seller

Filip Olechowski

Lender

International Finance Bank

Loan start date

March 2022

Original loan amount

$431,900

Est. remaining balance

Not provided

Interest rate

4.92%

Loan type

New Conventional, 30 year

Seller

Filip Olechowski

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: 07/07/2024 at 7:35 PM

Listing updated: 07/01/2024 at 12:04 PM

Listed by: Nancy Batchelor PA, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11550732

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