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$695,000

Beds
2
Baths
2.0
sq ft
1,550

5401 Collins Ave Unit 334, Miami Beach, FL 33140

5401 Collins Ave Unit 334

Miami Beach, FL 33140

  • 121 days on market
    • Price drop $55,000↓
Blissful Beach Living On Millionaires Row - A tremendous opportunity for those who are looking to experience Miami Beach living at its best.Literally on the beach... this newly updated split-plan 2 bed/2 bath unit is extremely spacious and comes with oversized bedrooms and ample storage including two walk-in closets, all modem furniture, appliances inc washer & dryer, fixtures and fittings.Owner is in the process of updating the kitchen, bathrooms and primary bedroom floor to match the rest of the apartment.The apartment comes with 3 entrance doors.Primary bedrooms has a completely independent entrance from the building to the apartment - with the potential of dividing into two separate units.Building has impressive amenities including a large gym overlooking the beach, and tennis courts.

Details

Property type

Condominium

Est. home value

$603,458

Lot size

Unknown

Price per sq ft

$449

Year built

1967

Annual property taxes

$8,308

HOA

Yes

Price History

11/06/2024
SEF

SEF #A11629452

Price change
$695,000
-7.33%
07/24/2024
SEF

SEF #A11629452

Listed
$750,000
+29.31%
05/06/2022
SEF

SEF #A11131472

Sold
$580,000

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

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$435,000

Est. remaining balance

$415,779

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Robert Lavecchia

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$435,000

Est. remaining balance

$415,779

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Robert Lavecchia

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: 11/22/2024 at 10:05 AM

Listing updated: 11/06/2024 at 11:15 AM

Listed by: Cenk Fikri, One Sotheby's International Realty Phone #: (305) 666-0562

MLS: SEF #A11629452

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