tomo logo

$415,000

Beds
2
Baths
2.0
sq ft
1,048

5555 Collins Ave Unit 5V, Miami Beach, FL 33140

5555 Collins Ave Unit 5V

Miami Beach, FL 33140

  • 167 days on market
    • Price drop $40,000↓
Oceanfront resort-style living on Millionaire's Row with this condo designed by architect Morris Lapidus. Unit is completely updated including impact sliding glass doors with oversized balcony & Intracoastal views. Oceanfront access to the beach, take advantage of valet parking. Lola restaurant located on-site. Pool & amenities, including gym & sports facilities, are currently closed for renovations, the ongoing 50-year certification will soon make the condo like new, featuring new amenities, Please see renders. Buyer will assume a special assessment of approx. $113,000. Your chance to buy into a building that will soon boast state of the art amenities, refreshed common areas & a sleek new look. Almost finished, this condo will be the perfect place to enjoy the best of waterfront living!

Details

Property type

Condominium

Est. home value

$472,800

Lot size

Unknown

Price per sq ft

$396

Year built

1967

Annual property taxes

$6,545

Monthly HOA fee

$1,300.67

Price History

12/07/2024
SEF

SEF #A11622670

Price change
$415,000
-2.35%
12/06/2024
SEF

SEF #A11622670

Price change
$425,000
-6.59%
12/05/2024
SEF

SEF #A11622670

Removed
$455,000

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

Dg Pinnacle Funding Llc

Loan start date

February 2021

Original loan amount

$287,500

Est. remaining balance

$262,215

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Jose Augusto Castro Chagas and Paula Albernaz Ribeiro Chagas

Lender

Dg Pinnacle Funding Llc

Loan start date

February 2021

Original loan amount

$287,500

Est. remaining balance

$262,215

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Jose Augusto Castro Chagas and Paula Albernaz Ribeiro Chagas

Lender

Dg Pinnancle Funding Llc

Loan start date

September 2017

Original loan amount

$288,750

Est. remaining balance

$246,426

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

Jose Augusto Castro Chagas and Paula Albernaz Ribelro Chagas

Lender

Dg Pinnancle Funding Llc

Loan start date

September 2017

Original loan amount

$288,750

Est. remaining balance

$246,426

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

Jose Augusto Castro Chagas and Paula Albernaz Ribelro Chagas

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: 12/29/2024 at 4:25 AM

Listing updated: 12/14/2024 at 4:35 AM

Listed by: Andres Rodriguez, Enkasa, Inc. Phone #: (305) 582-9855

MLS: SEF #A11622670

SEF logo