tomo logo

$995,000

Beds
3
Baths
2.0
sq ft
1,390

5900 Collins Ave Unit 508, Miami Beach, FL 33140

5900 Collins Ave Unit 508

Miami Beach, FL 33140

  • <1 day on market
Incredible opportunity to renovate this one-of-kind 1,390sf corner unit 3 bedrooms 2 baths in the heart of Miami Beach. Enjoy stunning Intracoastal water views from the wraparound terrace and a partial ocean view from the master and guest bedroom balcony. A private elevator leads directly to your foyer from both garage or lobby areas. Luxury building with gorgeous newly renovated common areas, 24-hr security, valet parking, social room, pool deck with captivating views of the Intracoastal, gym, sauna and Jacuzzi, bike and kayak storage, a boat dock (unit does not include a slip), rooftop deck, sitting areas, multi-function room, and lobby. Priced to sell, it provides renovation work approved permits and brand-new GE appliances.

Details

Property type

Condominium

Est. home value

$835,554

Lot size

Unknown

Price per sq ft

$716

Year built

1998

Annual property taxes

$12,393

Monthly HOA fee

$2,022

Price History

11/15/2024
SEF

SEF #A11694592

Listed
$995,000
+57.94%
03/16/2023
SEF

SEF #A11261400

Sold
$630,000

Schools & Community

Neighborhood: 

Oceanfront

Elementary school: 

North Beach

Middle school: 

Nautilus

High school: 

Miami Beach

Number of units in community: 

123

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

The Federal Savings Bank

Loan start date

March 2023

Original loan amount

$598,500

Est. remaining balance

$586,295

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Maron Moss and Claudia Moss

Lender

The Federal Savings Bank

Loan start date

March 2023

Original loan amount

$598,500

Est. remaining balance

$586,295

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Maron Moss and Claudia Moss

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: 11/15/2024 at 8:40 PM

Listing updated: 11/15/2024 at 8:05 PM

Listed by: Maria Rodriguez, South Pointe Drive Realty Inc Phone #: (305) 695-9898

MLS: SEF #A11694592

SEF logo