tomo logo

$414,900

Beds
Unknown
Baths
1.0
sq ft
430

5445 Collins Ave Unit 1205, Miami Beach, FL 33140

5445 Collins Ave Unit 1205

Miami Beach, FL 33140

  • 149 days on market
Discover this corner studio unit in the heart of Miami Beach, perfect for investors with no rental restrictions and daily Airbnb potential. From the 12th floor, enjoy stunning vistas of Miami Beach Bay and the Intracoastal, ideal for hosting up to four guests. 2 queen-size beds, futon, dining table, TV, fridge, microwave, coffeemaker, dishes, linen, towels, iron, hairdryer. Maintenance covers electricity, water, cable, trash, one valet parking and insurance. Beach access, fitness center, tennis court. On-site restaurant, coffee shop, bike rental, shops. 5-10 mins to South Beach, 25 mins to Miami Airport. Professionally managed, 90% occupancy, nightly rates $115-$165. Turnkey rental operation or manage independently. Perfect for personal use or as a high-yield investment.

Details

Property type

Condominium

Est. home value

$468,086

Lot size

Unknown

Price per sq ft

$965

Year built

1966

Annual property taxes

$4,500

Monthly HOA fee

$998

Price History

06/21/2024
Beaches

Beaches #F10449514

Listed
$414,900
+26.49%
04/14/2023
SEF

SEF #A11345005

Sold
$328,000
+31.2%
08/25/2021
SEF

SEF #A10973152

Sold
$250,000
+17.87%

Schools & Community

Neighborhood: 

Oceanfront

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Rlpworld Group Corp

Loan start date

January 2020

Original loan amount

$170,000

Est. remaining balance

Not provided

Interest rate

3.73%

Loan type

Commercial

Seller

Iconic Point Llc

Lender

Rlpworld Group Corp

Loan start date

January 2020

Original loan amount

$170,000

Est. remaining balance

Not provided

Interest rate

3.73%

Loan type

Commercial

Seller

Iconic Point Llc

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: 11/16/2024 at 9:35 PM

Listing updated: 09/30/2024 at 3:52 PM

Listed by: Leticia Zambra, LZ Realty & Management LLC Phone #: (754) 312-5730

MLS: Beaches #F10449514

Beaches logo

Recently listed in Miami Beach

Explore top cities in Florida