10 months on rocket

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

$399,000

Home List Price

$4,738*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
938 SqFt
$425/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5005 Collins Ave Unit 1516, Miami Beach$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, One Space, Valet
Garage1 space
Year Built1964
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
ViewOcean, Pool, Water
MLS #A11509571
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
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $425/SqFt

HOA Fees:

  • Amount: $1468
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Miami Beach, FL

City

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

5005 Collins Ave Unit 1516 vs Miami Beach

318 DAYS ON ROCKET

+217 Days

$399,000

-$205.5K Less

$425/SqFt

-$176 Less

KEY TAKEAWAY

This property is $205.5K less than the Median Sold Price and $176/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: #A11509571

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: 11/21/2024, 8:20:48 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

$3,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

Powered By

Rocket Mortgage

Advertisement

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-415082
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.03 miles

  • Public District Grades PK-5

school-card-donut-415083
7
/10

  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 2.10 miles

  • Public District Grades PK-5

school-card-donut-415084
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. The majority of Miami Beach, FL residents have income between $35k-100k annually. Most families are single, no kids. The majority of 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 $399,000.

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 January 08, 2024 and is currently priced at $399,000.

In October 2024 more than 6 listings in Miami Beach, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 77 were sold below. The number of homes for sale in Miami Beach, FL increased by 15.1% between September 2024 and October 2024. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $604,583.

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

More Resources