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$3,475,000

Beds
2
Baths
2.5
sq ft
1,245

5775 Collins Ave Unit 1705, Miami Beach, FL 33140

5775 Collins Ave Unit 1705

Miami Beach, FL 33140

  • Coming soon
Step inside with me! This magnificent, high-floor residence showcases unobstructed views of downtown Miami's skyline and Biscayne Bay. The impeccably designed living space is bathed in natural light from soaring floor-to-ceiling windows. The thoughtful floor plan features a chef's kitchen w/ Subzero/Wolf appliances. Luxurious Poliform finishes grace both kitchen and bathrooms, while custom closets and refined millwork elevate the sophistication throughout. A sprawling 500SF terrace offers an outdoor oasis where sunsets and bay views captivate year-round. This exceptional offering uniquely includes 2 parking spaces. With only 69 units, 57 Ocean delivers an intimate living experience enhanced by world-class amenities: concierge, fitness facilities, restaurant, spa, beach service, and 3 pools

Details

Property type

Condominium

Est. home value

$3,653,280

Lot size

Unknown

Price per sq ft

$2,792

Year built

2021

Annual property taxes

$49,543

Monthly HOA fee

$3,232

Price History

04/03/2024
SEF

SEF #A11470206

Removed
$3,650,000
02/07/2024
SEF

SEF #A11470206

Price change
$3,650,000
-3.95%
10/16/2023
SEF

SEF #A11470206

Listed
$3,800,000

Schools & Community

Neighborhood: 

Oceanfront

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

69

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

Rocket Mortgage Llc

Loan start date

September 2022

Original loan amount

$647,200

Est. remaining balance

$626,236

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Mark Joseph Egidio and Jennifer Ann Egidio

Lender

Rocket Mortgage Llc

Loan start date

September 2022

Original loan amount

$647,200

Est. remaining balance

$626,236

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Mark Joseph Egidio and Jennifer Ann Egidio

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: Coming Soon

Tomo last checked: 01/16/2025 at 11:50 AM

Listing updated: 01/10/2025 at 4:20 PM

Listed by: Joseph Schafer, Douglas Elliman Phone #: (305) 695-6075

MLS: SEF #A11720972

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