2 bed 2 bath 960 sqft

5225 Collins Ave #1414, Miami Beach, FL 33140

Neighborhood: Ocean Front
Condo last sold on 2/27/2023 for $510,000
MLS Status: Closed

Investment property right on the beach. A resort-style condo-hotel with no rental restrictions. Views of the ocean & Intercoastal from your balcony. This very comfortable 2 bedroom 2 bath is ready, modern kitchen, open dining/living area. Electricity, cable e Internet included. Great amenities, Fitness center, market, restaurant, valet parking, beach/pool service, maid service, concierge, meeting rooms, beach access. This is your vacation home and/or investment property right on the beach, daily rentals are in high demand in Miami Beach.

All About The Home

Property Details for 5225 Collins Ave #1414

Home Highlights
Price/Sqft.:
$531/sqft
Parking:
1 Space, Valet
Time on ZeroDown:
5 months
Heating/Cooling:
Electric, Electric
Property Facts
Status
Closed
Property Type
Residential, Condominium
Community
Miami Beach
HOA Dues
$1305/month
Year Built
1962
MLS #
A11285975
Style
Condominium, Residential
Virtual Tour
Floor Size
960 sqft.
View(s)
Intracoastal View, Ocean View
Interior Features

Bedroom Information

# of bedrooms:
2
Bedroom Description:
Primary Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub

Bathroom Information

# of Baths (Full):
2
Master Bath Features:
Combination Tub & Shower

Rooms Information

Dining Room Features:
Dining/Living Room
Appliances:
Dishwasher, Disposal, Electric Range, Refrigerator

Heating & Cooling Information

Heating:
Electric
Cooling:
Electric

Laundry Information

Laundry:
Common Area

Interior Information

Flooring:
Ceramic Floor, Tile
Windows:
Complete Impact Glass, Blinds, High Impact Windows, Impact Glass, Other Windows
Interior Features:
First Floor Entry, Elevator, Shabbat Elevator
See 20+ more property details
Listed by: Sergio Vuguin
Brokerage: Inmobiliata, LLC
MLS#: A11285975
Source: MIAMIRE
Details provided by MIAMIRE and may not match the public record.

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Financials

Market Comparison

Competition is low in Ocean Front, with homes selling 7% below asking price over the last three months. Three years ago, they were selling 8% below asking price.

Can I rent this place out?

How much rent can I earn on this place? What's the rental earnings potential? Learn more about the rental earnings potential for this area.
Home History

What work has been done on 5225 Collins Ave #1414?

Has there been any major remodeling? What work has been done recently? Check out the work permit history for this address.

Public Facts about 5225 Collins Ave #1414

Last sold date
Jun 30, 2020
Last assessed price
$289K
Around The Neighborhood

How Are the Schools in Ocean Front?

Greater Miami percentile
86.63%
National percentile
61.37%

Can I raise a family in Ocean Front?

Owner occupied
49.34%
Renter occupied
50.65%

What's nearby 5225 Collins Ave #1414?

Number of stores nearby
22

What are my public transportation options in Ocean Front?

Transit Score
57
Walk Score
56

Where Can I Charge My Electric Vehicle near 5225 Collins Ave #1414?

Number of charging stations nearby
4
Level 3 chargers nearby
0

Recently Sold Homes in Ocean Front

Homes sold this month
27
Homes sold last month
21
Quality of Life
Milkyway

How is the night sky in Miami Beach?

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Natural Hazards risk in Miami Beach

Flood Risk
High

How are the noise levels in Ocean Front?

This area sounds like a undefined.

Will I Like My Neighbors in Ocean Front?

Average Household Size
2.03
High School or Higher
91.34%

Who provides the best cell coverage in Ocean Front?

Best Cellular Provider
AT&T Mobility
Number of Towers
68

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