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$625,000

Beds
1
Baths
1.5
sq ft
930

5601 Collins Ave Unit 523, Miami Beach, FL 33140

5601 Collins Ave Unit 523

Miami Beach, FL 33140

  • 28 days on market
GREAT OCEANFRONT OPPORTUNITY FOR INVESTORS!! SHORT TERM RENTALS ALOWED FOR THE THE BEST RETURN IN THE INVESTMENT!! LARGE ONE BED, 1.5 BATH, SPACIOUS WITH LOTS OF CLOSETS CERAMIC FLOORS, BALCONY, INTRACOSTAL VIEW!! FULL SERVICE OCEANFRONT BUILDING WITH NEW, ELEVATORS, UPDATED HALLWAYS, SPRINKLERS, POOL, GYM, SAUNA, 24 HRS SECURITY, COVER PARKING, BEAUTIFUL AND CLOSED OCEAN SIDE PLAY AREA WITH BARBECUE, A/C ELECTRIC AND INTERNET/CABLE INCLUDED IN MAINTENANCE, 24 HRS SECURITY AND ONE COVER PARKING ASSIGNED. EASY TO SHOW!!

Details

Property type

Condominium

Est. home value

$449,821

Lot size

Unknown

Price per sq ft

$673

Year built

1968

Annual property taxes

$6,150

Monthly HOA fee

$969

Price History

09/20/2024
SEF

SEF #A11663067

Listed
$625,000
+108.33%
08/26/2015
SEF

SEF #A2163592

Sold
$300,000

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

Ocean Bk

Loan start date

July 1994

Original loan amount

$74,400

Est. remaining balance

Not provided

Interest rate

8.53%

Loan type

Not Provided

Seller

Julio Balsera and Esther Balsera

Lender

Ocean Bk

Loan start date

July 1994

Original loan amount

$74,400

Est. remaining balance

Not provided

Interest rate

8.53%

Loan type

Not Provided

Seller

Julio Balsera and Esther Balsera

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: 10/18/2024 at 10:35 AM

Listing updated: 10/01/2024 at 12:52 AM

Listed by: Jorge De Los Rios, SunCoast Beach Rlty Inc. Phone #: (305) 866-4000

MLS: SEF #A11663067

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