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$595,000

Beds
1
Baths
1.5
sq ft
930

5601 Collins Ave Unit 823, Miami Beach, FL 33140

5601 Collins Ave Unit 823

Miami Beach, FL 33140

  • 170 days on market
    • Price drop $55,000↓
Lovely and remodeled unit with a unique view to the intracoastal. This unit is characterized with a spacious floor plan and plenty of closet space, making it more attractive for comfort and organization. This ocean front, updated building has all the conveniences for relaxation and enjoyment. Short rentals are allowed. This is a profitable income investment acquisition. Show this unit and sell it fast!

Details

Property type

Condominium

Est. home value

$494,478

Lot size

Unknown

Price per sq ft

$640

Year built

1968

Annual property taxes

$6,336

HOA

Yes

Price History

11/19/2024
SEF

SEF #A11601399

Price change
$595,000
-8.46%
10/22/2024
SEF

SEF #A11601399

Price change
$650,000
-5.8%
06/05/2024
SEF

SEF #A11601399

Listed
$690,000

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

Washington Mutual Bank Fa

Loan start date

April 2007

Original loan amount

$375,000

Est. remaining balance

Not provided

Interest rate

8.15%

Loan type

Not Provided, 40 year

Seller

Diego F Cardenas

Lender

Washington Mutual Bank Fa

Loan start date

April 2007

Original loan amount

$375,000

Est. remaining balance

Not provided

Interest rate

8.15%

Loan type

Not Provided, 40 year

Seller

Diego F Cardenas

Lender

Washington Mutual Bank

Loan start date

April 2007

Original loan amount

$74,950

Est. remaining balance

Not provided

Interest rate

6.18%

Loan type

Credit Line (Revolving), 30 year

Seller

Diego Cardenas

Lender

Washington Mutual Bank

Loan start date

April 2007

Original loan amount

$74,950

Est. remaining balance

Not provided

Interest rate

6.18%

Loan type

Credit Line (Revolving), 30 year

Seller

Diego Cardenas

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: 11/22/2024 at 11:05 AM

Listing updated: 11/19/2024 at 1:45 PM

Listed by: Maxima Beckman, Galiano Realty Group Phone #: (786) 367-7112

MLS: SEF #A11601399

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