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$455,000

Beds
1
Baths
1.5
sq ft
980

5401 Collins Ave Unit 1114, Miami Beach, FL 33140

5401 Collins Ave Unit 1114

Miami Beach, FL 33140

  • 46 days on market
    • Price drop $30,000↓
Experience true beach lifestyle in this spacious 1 bedroom, 1.5 bathroom apartment in the heart of Miami Beach. The stunning ocean views from your bedroom, living room and balcony makes it perfect for those who appreciate the beauty of the sea. The building offers modern resort-style amenities, including a heated pool, jacuzzi, fully-equipped gym, basketball & racquetball courts, tennis courts, a mini-mart, & more for your convenience & enjoyment. New impact windows & sliding doors in the unit, covered assigned parking & valet parking available, as well as 24-hour security & lobby attended. Maintenance fee include electricity, water, and cable. The building has recently completed a full concrete renovation & a 50-year rectification, with all assessments paid in full. Vacant & easy to show

Details

Property type

Condominium

Est. home value

$466,721

Lot size

Unknown

Price per sq ft

$465

Year built

1967

Annual property taxes

$3,248

Monthly HOA fee

$1,323

Price History

06/17/2024
SEF

SEF #A11592648

Price change
$455,000
-6.19%
05/22/2024
SEF

SEF #A11592648

Listed
$485,000
+7.78%
04/05/2023
SEF

SEF #A11316675

Sold
$450,000

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

Banco Do Brasil Americas

Loan start date

April 2023

Original loan amount

$337,500

Est. remaining balance

Not provided

Interest rate

6.87%

Loan type

New Conventional, 30 year

Seller

Arash Azarbarzin

Lender

Banco Do Brasil Americas

Loan start date

April 2023

Original loan amount

$337,500

Est. remaining balance

Not provided

Interest rate

6.87%

Loan type

New Conventional, 30 year

Seller

Arash Azarbarzin

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 7:50 PM

Listing updated: 06/17/2024 at 10:44 AM

Listed by: Milena Sena, One Sotheby's Int'l Realty Phone #: (954) 522-2831

MLS: SEF #A11592648

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