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$5,250,000

Beds
5
Baths
5.5
sq ft
4,135

5959 Collins Ave Unit 606, Miami Beach, FL 33140

5959 Collins Ave Unit 606

Miami Beach, FL 33140

  • 263 days on market
    • Price drop $500,000↓
Spectacular home at the exclusive Bath Club boasts 4,135 sqft, 5 bedrooms including a kids bunkroom & 5.5 baths. Private elevator opens directly to the unit. The open floor plan and separate living, family rooms, formal dining & gourmet eat-in kitchen make for a fabulous place to entertain. The oversized primary suite includes a sitting area & 2 walk-in closets. The kitchen boasts Sub-Zero & Miele appliances. Club amenities include 2 clay tennis courts, poolside food, fitness center, spa, sauna & children's play area. Wide sand beach with full service. Guard gated for extra security and exceptional building staff & concierge. Furniture & Poolside Cabana negotiable. Centrally located in MidBeach with restaurants & luxury shopping at Bal Harbour & Design District nearby. Also for rent.

Details

Property type

Condominium

Est. home value

$5,990,276

Lot size

Unknown

Price per sq ft

$1,270

Year built

2005

Annual property taxes

$62,913

Monthly HOA fee

$3,582

Price History

05/03/2024
SEF

SEF #A11467549

Price change
$5,250,000
-8.7%
03/12/2024
SEF

SEF #A11467549

Price change
$5,750,000
-3.36%
03/12/2024
SEF

SEF #A11467549

Listed
$5,950,000

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

Marquis Bank

Loan start date

February 2019

Original loan amount

$2,212,500

Est. remaining balance

Not provided

Interest rate

4.55%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Newco Marine Florida Llc

Lender

Marquis Bank

Loan start date

February 2019

Original loan amount

$2,212,500

Est. remaining balance

Not provided

Interest rate

4.55%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Newco Marine Florida Llc

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: 07/04/2024 at 11:30 PM

Listing updated: 05/15/2024 at 1:04 PM

Listed by: Arielle Werner, Bold Miami, LLC Phone #: (305) 864-0060

MLS: SEF #A11467549

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