4 months on rocket

5005 Collins Ave Unit Ph02, Miami Beach, FL, 33140

$448,000

Home List Price

$5,320*

Closing Credit

1 Bedroom
2 Full Baths
1,046 SqFt
$428/SqFt
Condo

Location

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5005 Collins Ave Unit Ph02, Miami Beach$448,000

Buyer Closing Credits

$5,320*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, One Space
Year Built1964
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay, Intercoastal
MLS #A11626724
StatusActive

About 5005 Collins Ave Unit Ph02

PRICE REDUCED! Beautiful penthouse with a serene beach-style feel and direct Intracoastal and bay views! This spacious 1-bedroom converted to 2-bedroom home is ideal for entertaining, offering stunning city and bay vistas and ample closet space. Located in Miami Beach's Millionaire Row, this renovated high-rise condo features impact windows and resort-style amenities: a heated pool, library, gym, jacuzzi, BBQ area, and beach access via the oceanfront boardwalk. The building is 40/50-year certified by the Miami Beach Building Department. Includes 1 assigned parking space with valet. HOA covers A/C, basic cable, parking, and Wi-Fi. Please be aware that the seller will pay off the current assessment.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1964
  • Living Area: 1,046 SqFt

Listing Office:

  • Office Name: RE/MAX Advance Realty II
  • Office Phone: (305) 251-2127
  • Listing Agent: Christopher Lardner

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Built-in Features, Bedroom on Main Level, Breakfast Area, Dual Sinks, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Tub Shower, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay, Intercoastal
  • Exterior: Other

Parking Information:

  • Parking: Assigned, Covered, One Space

Virtual/3D Tour

  • 3D Tour: 5005 Collins Ave Unit Ph02
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $448,000
  • Price Per SqFt: $428/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

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

5005 Collins Ave Unit Ph02 vs Miami Beach

125 DAYS ON ROCKET

+24 Days

$448,000

-$156.5K Less

$428/SqFt

-$173 Less

KEY TAKEAWAY

This property is $156.5K less than the Median Sold Price and $173/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: #A11626724

Listing Office:

  • Office Name: RE/MAX Advance Realty II
  • Office Phone: (305) 251-2127
  • Listing Agent: Christopher Lardner

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: 11/22/2024, 6:20:48 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

$3,771

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,410

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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-695440
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.03 miles

  • Public District Grades PK-5

school-card-donut-695441
7
/10

  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 2.10 miles

  • Public District Grades PK-5

school-card-donut-695442
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. Most Miami Beach, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. 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 5005 Collins Ave Unit Ph02

What is the listing price of this property?

The listing price of 5005 Collins Ave Unit Ph02 property is $448,000.

What type of property is this?

The property 5005 Collins Ave Unit Ph02 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5005 Collins Ave Unit Ph02 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 Ph02 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 5005 Collins Ave Unit Ph02 is 1,046 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5005 Collins Ave Unit Ph02 is 1964.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33140›5005 Collins Ave Unit Ph02

This home is located at 5005 Collins Ave Unit Ph02 in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 1,046 square foot home was built in 1964. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $448,000.

Over 6 listings were sold over their listed price in October 2024 in Miami Beach, FL. In the same period over 77 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Miami Beach, FL between September 2024 and October 2024 increased by 15.1%. The median list price of listings available in October 2024 was $604,583, while the average time on the real estate market was 101 days.

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

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