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$695,000

Beds
1
Baths
1.5
sq ft
930

5601 Collins Ave Unit 710, Miami Beach, FL 33140

5601 Collins Ave Unit 710

Miami Beach, FL 33140

  • 1 day on market
This stunning 1-bedroom, 1.5-bath condo on the 7th floor offers an unbeatable living experience with panoramic ocean views that stretch across the kitchen, living room, and out onto the private balcony. Located in a sought-after oceanfront building, this unit combines modern comfort with the beauty of coastal living. Enjoy a suite of luxurious amenities, including direct beach access, a sparkling pool, a fully equipped gym, 24-hour parking, on-site security, and valet service. With short-term rentals permitted, this property presents an excellent investment opportunity. Plus, an assigned parking space adds extra convenience—something few units in the building offer. Currently tenant-occupied (Pays $3050) with a lease through March 2025. Tenant is open to renewing the lease.

Details

Property type

Condominium

Est. home value

$517,670

Lot size

Unknown

Price per sq ft

$748

Year built

1968

Annual property taxes

$8,308

Monthly HOA fee

$1,122

Price History

01/24/2025
SEF

SEF #A11731708

Listed
$695,000
+75.95%
03/25/2021
SEF

SEF #A10999134

Sold
$395,000

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

Vision Mortgage Corp

Loan start date

September 1996

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

8.19%

Loan type

New Conventional

Seller

Victor R Tarin and Lourdes L Tarin

Lender

Vision Mortgage Corp

Loan start date

September 1996

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

8.19%

Loan type

New Conventional

Seller

Victor R Tarin and Lourdes L Tarin

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: 01/26/2025 at 1:15 AM

Listing updated: 01/24/2025 at 5:35 PM

Listed by: Alexia Furmanski, Grand Realty of America, Corp. Phone #: (305) 931-7878

MLS: SEF #A11731708

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