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$895,000

Beds
2
Baths
2.0
sq ft
1,935

5640 Collins Ave Unit 7B, Miami Beach, FL 33140

5640 Collins Ave Unit 7B

Miami Beach, FL 33140

  • 49 days on market
    • Price drop $55,000↓
Introducing Unit 7B in the Ashley Apartments, a waterfront condo located in the heart of Millionaire's row along Indian Creek. This corner unit is bright & spacious with an open floor plan that allows you to enjoy views of Miami Beach as soon as you step inside. This turn key unit makes it an ideal home as you're able to enjoy the peace and quiet of this boutique building with only 4 units/floor. With an enclosed patio and newly done floors, the extra added on interior SQFT can be used as a den or converted to an additional bedroom. Spacious bedrooms with beautiful bathrooms. Enjoy a relaxing afternoon by the pool deck while you soak up the sun and be entertained by the everlasting water activities. Dock available for rent for residents. Amazing location steps away from the beach.

Details

Property type

Condominium

Est. home value

$1,030,885

Lot size

Unknown

Price per sq ft

$463

Year built

1967

Annual property taxes

$8,948

Monthly HOA fee

$1,250

Price History

11/07/2024
SEF

SEF #A11669003

Price change
$895,000
-5.79%
10/01/2024
SEF

SEF #A11669003

Listed
$950,000
09/23/2024
SEF

SEF #A11597980

Removed
$950,000

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

Crosscountry Mortgage Llc

Loan start date

February 2022

Original loan amount

$480,000

Est. remaining balance

$452,190

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Yechiel Ephraim Baron and Shterna Sara Pinchasov

Lender

Crosscountry Mortgage Llc

Loan start date

February 2022

Original loan amount

$480,000

Est. remaining balance

$452,190

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Yechiel Ephraim Baron and Shterna Sara Pinchasov

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: 11/19/2024 at 8:35 AM

Listing updated: 11/07/2024 at 2:45 PM

Listed by: Menachem Fellig, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11669003

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