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$5,000,000

Beds
4
Baths
4.0
sq ft
4,200

5600 Collins Ave Unit C, Miami Beach, FL 33140

5600 Collins Ave Unit C

Miami Beach, FL 33140

  • 268 days on market
Fabulous 4 Bedrooms, 4 bathrooms PENTHOUSE on the Millionaire row of Collins Avenue, with 4,200sft living area, and a private 2,400sft terrace overlooking the best views of Miami: intracoastal, Biscayne bay, La Gorce golf course, Miami Skyline and the sunset. Renovated with an Organic design, flooded with abundance of natural light, floor to ceiling french doors, impact windows. Entertain guests on your spacious terrace or relax and watch the sunset over the city from your future jacuzzi/spa. 2 storages and 2 wine cellars on your floor. 4 assigned parking spaces. The building just went through a major renovation and offers a delicious restaurant, a great gym, a heated pool where you have 2 pool cabanas w/ full bath and more. Bring your boat in the private marina. A true gem!

Details

Property type

Condominium

Est. home value

$2,845,654

Lot size

Unknown

Price per sq ft

$1,191

Year built

1967

Annual property taxes

$18,360

Monthly HOA fee

$3,824

Price History

05/03/2024
SEF

SEF #A11464920

Listed
$5,000,000
04/03/2024
SEF

SEF #A11464920

Removed
$5,000,000
10/07/2023
SEF

SEF #A11464920

Listed
$5,000,000

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

Sprout Mortgage Llc

Loan start date

March 2022

Original loan amount

$2,286,500

Est. remaining balance

$2,225,962

Interest rate

3.56%

Loan type

New Conventional, 40 year

Seller

Bernard Schwartz

Lender

Sprout Mortgage Llc

Loan start date

March 2022

Original loan amount

$2,286,500

Est. remaining balance

$2,225,962

Interest rate

3.56%

Loan type

New Conventional, 40 year

Seller

Bernard Schwartz

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: 06/30/2024 at 10:25 PM

Listing updated: 05/03/2024 at 12:34 AM

Listed by: Sandra Debuire, Debuire International Realty Phone #: (305) 424-2803

MLS: SEF #A11464920

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