tomo logo

$439,000

Beds
1
Baths
2.0
sq ft
824

5701 Collins Ave Unit 509, Miami Beach, FL 33140

5701 Collins Ave Unit 509

Miami Beach, FL 33140

  • 38 days on market
Modern and updated, this spacious 1-bedroom unit with 2 full bathrooms welcomes the seasonal occupant. Oceanfront resort-style condo in the heart of Millionaire's Row. Completely renovated beach front apartment & building. Open kitchen and living area. Enjoy sunsets from your balcony. Building is located on the ocean side with amazing amenities such as private full service beach, 24- hour security, concierge, valet parking, pool, fitness center, beauty salon, restaurant, theater room, library, game rooms, party room, Barbecue Picnic Area and direct ocean access, with one designated covered parking space. Directions:

Details

Property type

Condominium

Est. home value

$428,304

Lot size

Unknown

Price per sq ft

$533

Year built

1969

Annual property taxes

$5,677

Monthly HOA fee

$1,487

Price History

05/30/2024
SEF

SEF #A11596412

Listed
$439,000
+3.29%
04/04/2022
SEF

SEF #A11095727

Sold
$425,000
+38.21%
07/01/2016
SEF

SEF #A10075632

Sold
$307,500

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

Wmc Mortgage Corp

Loan start date

October 2006

Original loan amount

$283,920

Est. remaining balance

Not provided

Interest rate

6.99%

Loan type

Balloon, 30 year

Seller

Juan Mosqueda and Marcia Mosqueda

Lender

Wmc Mortgage Corp

Loan start date

October 2006

Original loan amount

$70,980

Est. remaining balance

Not provided

Interest rate

6.52%

Loan type

Stand Alone Second, 30 year

Seller

Marcia Mosqueda and Juan Mosqueda

Lender

Wmc Mortgage Corp

Loan start date

October 2006

Original loan amount

$70,980

Est. remaining balance

Not provided

Interest rate

6.52%

Loan type

Stand Alone Second, 30 year

Seller

Marcia Mosqueda and Juan Mosqueda

Lender

Wmc Mortgage Corp

Loan start date

October 2006

Original loan amount

$283,920

Est. remaining balance

Not provided

Interest rate

6.99%

Loan type

Balloon, 30 year

Seller

Juan Mosqueda and Marcia Mosqueda

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: 07/07/2024 at 7:35 PM

Listing updated: 06/05/2024 at 12:44 PM

Listed by: Edward Verdeja, Classic Investments Corp. Phone #: (305) 445-4848

MLS: SEF #A11596412

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