24 days on rocket

2899 Collins Ave Unit 1240, Miami Beach, FL, 33140

$299,990

Home List Price

$3,562*

Closing Credit

1 Full Bath
566 SqFt
$530/SqFt
Condo

Location

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2899 Collins Ave Unit 1240, Miami Beach$299,990

Buyer Closing Credits

$3,562*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGuest, Other
Year Built1966
HeatingElectric
CoolingElectric
WaterfrontOcean Front
ViewCity, Intercoastal
MLS #A11698897
StatusActive

About 2899 Collins Ave Unit 1240

Breathtaking City Views from this spacious studio in full service oceanfront building with desirable Mid-Beach location next to the Edition. Building has nicely appointed lobby & wonderful resort-style amenities, such as 2 pools & gym and beachfront umbrella and chair service. Parking space rented from the association for $400/yr. for owners; $1,500/yr. for tenants. New High Impact windows. Ideal second home, or income property, w/direct access to the beach & boardwalk, and steps to dining & nightlife, including Faena district, Lincoln Road, and Ocean Drive. Unit is rented until 8/31/25.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1966
  • Living Area: 566 SqFt

Listing Office:

  • Office Name: Sasco Realty, Inc.
  • Office Phone: (305) 974-8507
  • Listing Agent: Vivian Sassi

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: City, Intercoastal
  • Exterior: Other

Parking Information:

  • Parking: Guest, Other

Virtual/3D Tour

  • Virtual Tour: 2899 Collins Ave Unit 1240
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Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,990
  • Price Per SqFt: $530/SqFt

HOA Fees:

  • Amount: $441
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

2899 Collins Ave Unit 1240 vs Miami Beach

24 DAYS ON ROCKET

-73 Days

$299,990

-$317.5K Less

$530/SqFt

-$75 Less

KEY TAKEAWAY

This property is $317.5K less than the Median Sold Price and $75/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11698897

Listing Office:

  • Office Name: Sasco Realty, Inc.
  • Office Phone: (305) 974-8507
  • Listing Agent: Vivian Sassi

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,006

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4435087
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-4435088
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 1.34 miles

  • Public District Grades PK-5

school-card-donut-4435089
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 2.32 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,370. Residents of Miami Beach, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2899 Collins Ave Unit 1240

What is the listing price of this property?

The listing price of 2899 Collins Ave Unit 1240 property is $299,990.

What type of property is this?

The property 2899 Collins Ave Unit 1240 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 2899 Collins Ave Unit 1240 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2899 Collins Ave Unit 1240 has 1 bathroom..

What is the square footage of this property?

The property 2899 Collins Ave Unit 1240 is 566 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2899 Collins Ave Unit 1240 is 1966.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331402899 Collins Ave Unit 1240

This home is located at 2899 Collins Ave Unit 1240 in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 566 square foot home was built in 1966. Features: 1 bathroom. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $299,990.

Miami Beach, FL housing market in November 2024 saw over 2 listings sold above listed price, more than 6 sold at listed price and over 65 sold below. In November 2024 in Miami Beach, FL there were 14.3% more homes for sale than in October 2024. In November 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $617,500.

From Rocket Homes Real Estate and based on county public records data.

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