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$699,000

Beds
2
Baths
2.0
sq ft
1,280

5601 Collins Ave Unit 1714, Miami Beach, FL 33140

5601 Collins Ave Unit 1714

Miami Beach, FL 33140

  • 46 days on market
    • Price drop $50,000↓
Best opportunity at Pavilion. Spacious southwest corner unit on the 17th floor offers both downtown and ocean views from terrace and bedrooms. Enjoy early morning sunrise and afternoon sunsets while sunlight floods your huge corner primary bedroom. With 1280 sq ft of living area, this 2 bed / 2 bath has a large dining & living room, kitchen w/ breakfast bar, ample closet space, large walk in closet, multiple linen closets, and washer & dryer. A unique investment offers the ability to rent short term without being a condo hotel. Located directly on the beach with private access & beach chairs, updated pool deck, BBQ area, and gym. Whether a primary or vacation home, you will love life at the Pavilion. Includes 1 assigned parking. 40 yr certification complete & hurricane impact windows.

Details

Property type

Condominium

Est. home value

$590,330

Lot size

Unknown

Price per sq ft

$547

Year built

1968

Annual property taxes

$8,024

Monthly HOA fee

$1,353

Price History

06/12/2024
SEF

SEF #A11586055

Price change
$699,000
-6.68%
05/23/2024
SEF

SEF #A11586055

Listed
$749,000
+7%
05/07/2024
SEF

SEF #A11481959

Removed
$700,000

Schools & Community

Neighborhood: 

Oceanfront

Elementary school: 

North Beach

Middle school: 

Nautilus

High school: 

Miami Beach

Number of units in community: 

347

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

December 2021

Original loan amount

$247,500

Est. remaining balance

$234,022

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Ada Fernandez

Lender

United Wholesale Mortgage

Loan start date

December 2021

Original loan amount

$247,500

Est. remaining balance

$234,022

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Ada Fernandez

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 8:25 PM

Listing updated: 07/05/2024 at 10:24 AM

Listed by: Kristie Weyhmiller, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11586055

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