12 days on rocket

5005 Collins Ave Unit 1516, Miami Beach, FL, 33140

$374,500

Home List Price

$4,447*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
938 SqFt
$399/SqFt
Condo

Location

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5005 Collins Ave Unit 1516, Miami Beach$374,500

Buyer Closing Credits

$4,447*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, One Space, Valet
Garage1 space
Year Built1964
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
ViewOcean, Pool, Water
MLS #A11711727
StatusActive

About 5005 Collins Ave Unit 1516

SPACIOUS OCEAN FRONT ONE BEDROOM CONDO WITH GORGEOUS OCEAN VIEWS IN THE HEART OF MIAMI BEACH. 1/2 BATH FOR GUESTS AS WELL. STAINLESS STEEL APPLIANCES, LARGE LIVING ROOM AND BEDROOM, GREAT NATURAL LIGHTING THROUGHOUT. BUILDING AMENITIES INCLUDE: HEATED POOL, FITNESS CENTER, BBQ AREA, HAIR SALON, RESTAURANT, 24 HOUR VALET, COVERED PARKING, DIRECT ACCESS TO BEACH AND MORE. MAINTENANCE INCLUDES CABLE, WIFI, WATER, GARBAGE COLLECTION. YOUR CLIENT WILL LOVE THIS UNIT! PRISTINE CONDITION!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1964
  • Living Area: 938 SqFt

Listing Office:

  • Office Name: Universal Realty Services, Inc
  • Office Phone: (305) 807-4990
  • Listing Agent: Kathy Diamond

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Closet Cabinetry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Ocean, Pool, Water
  • Exterior: Deck

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, One Space, Valet

Virtual/3D Tour

  • Virtual Tour: 5005 Collins Ave Unit 1516
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $374,500
  • Price Per SqFt: $399/SqFt

HOA Fees:

  • Amount: $1468
  • Frequency: Monthly
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Housing Market Comparison

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

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Miami Beach, FL

City

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

5005 Collins Ave Unit 1516 vs Miami Beach

12 DAYS ON ROCKET

-85 Days

$374,500

-$243K Less

$399/SqFt

-$206 Less

KEY TAKEAWAY

This property is $243K less than the Median Sold Price and $206/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: #A11711727

Listing Office:

  • Office Name: Universal Realty Services, Inc
  • Office Phone: (305) 807-4990
  • Listing Agent: Kathy Diamond

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: 12/30/2024, 11:20:50 PM 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

$3,405

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,189

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NMLS#3030

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-2245406
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.03 miles

  • Public District Grades PK-5

school-card-donut-2245407
7
/10

  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 2.10 miles

  • Public District Grades PK-5

school-card-donut-2245408
6
/10

  • Biscayne Elementary School

  • 800 77th St

  • 2.43 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,609. Residents of Miami Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5005 Collins Ave Unit 1516

What is the listing price of this property?

The listing price of 5005 Collins Ave Unit 1516 property is $374,500.

What type of property is this?

The property 5005 Collins Ave Unit 1516 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5005 Collins Ave Unit 1516 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5005 Collins Ave Unit 1516 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5005 Collins Ave Unit 1516 is 938 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5005 Collins Ave Unit 1516 is 1964.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33140›5005 Collins Ave Unit 1516

This home is located at 5005 Collins Ave Unit 1516 in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 938 square foot home was built in 1964. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $374,500.

While more than 2 listings in Miami Beach, FL in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 65 were sold below. The inventory of homes for sale in Miami Beach, FL between October 2024 and November 2024 increased by 14.3%. Listings spent 97 days on the market in November 2024, and had a median list price of $617,500 during the same period.

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

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