tomo logo

$560,000

Beds
2
Baths
2.0
sq ft
1,030

5700 Collins Ave Unit 16B, Miami Beach, FL 33140

5700 Collins Ave Unit 16B

Miami Beach, FL 33140

  • 4 days on market
    • Price drop $5,040,000↓
Spectacular views of the ocean from the balcony and the rooms in these 16 floors condo in the Mid-beach Millionaires row. Enjoy the best of the beach life in these 2 bedrooms and 2 full bathrooms. Fully remodeled, marble floors throughout the apartment and balcony. New custom designed kitchen cabinets and stainless-steel appliances. New LED high hat lightings. Many amenities such as: Marine, boat dockage, heated pool, barbecue grill in front of the intercoastal, gym, sauna, access to the beach right across the street. Clouse to MIA, South beach, and Downtown Miami.

Details

Property type

Condominium

Est. home value

$649,804

Lot size

Unknown

Price per sq ft

$544

Year built

1968

Annual property taxes

$2,597

Monthly HOA fee

$1,340

Price History

07/01/2024
SEF

SEF #A11615891

Listed
$560,000
-3.45%
05/23/2024
SEF

SEF #A11490411

Removed
$580,000
04/14/2024
SEF

SEF #A11490411

Price change
$580,000
-7.2%

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

Countrywide Home Loans Inc

Loan start date

April 2006

Original loan amount

$44,000

Est. remaining balance

Not provided

Interest rate

6.24%

Loan type

Credit Line (Revolving)

Seller

Jane Hart

Lender

Countrywide Home Loans Inc

Loan start date

April 2006

Original loan amount

$44,000

Est. remaining balance

Not provided

Interest rate

6.24%

Loan type

Credit Line (Revolving)

Seller

Jane Hart

Lender

Countrywide Home Loans Inc

Loan start date

February 2006

Original loan amount

$308,000

Est. remaining balance

$187,858

Interest rate

6.22%

Loan type

New Conventional, 30 year

Seller

Jane Hart

Lender

Countrywide Home Loans Inc

Loan start date

February 2006

Original loan amount

$308,000

Est. remaining balance

$187,858

Interest rate

6.22%

Loan type

New Conventional, 30 year

Seller

Jane Hart

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: 07/05/2024 at 12:10 AM

Listing updated: 07/02/2024 at 10:15 AM

Listed by: Marco Carmenatis SR, Lehigh Brokers Phone #: (786) 442-8650

MLS: SEF #A11615891

SEF logo

Recently listed in Miami Beach

Explore top cities in Florida