6 months on rocket

5055 Collins Ave Unit 3L, Miami Beach, FL, 33140

$545,000

Home List Price

$6,472*

Closing Credit

1 Bedroom
2 Full Baths
1,260 SqFt
$433/SqFt
Condo

Location

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5055 Collins Ave Unit 3L, Miami Beach$545,000

Buyer Closing Credits

$6,472*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, One Space, Valet
Garage1 space
Year Built1961
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontWater Access
ViewBay, Intercoastal, Other
MLS #A11590511
StatusActive

About 5055 Collins Ave Unit 3L

Welcome to your luxurious retreat on Millionaires Road! This elegant one-bedroom, two-bathroom unit offers breathtaking views of the intercoastal and bay from every room. Spanning approximately 1,260 square feet, this residence features an open kitchen with stainless steel appliances and beautiful tile floors. Step into a space filled with abundant natural light, enhanced by a renovated walk-in closet that adds a touch of modern sophistication. Located in a prime spot, this unit provides not only stunning vistas but also access to five-star amenities that cater to your every need.This fully furnished gem is a rare find and won’t be on the market for long. Don’t miss out on the opportunity to secure your slice of paradise!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1961
  • Living Area: 1,260 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 672-6300
  • Listing Agent: Mia Curson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Bedroom on Main Level, First Floor Entry, Living/Dining Room, Custom Mirrors, Pantry, Tub Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Water Access
  • View: Bay, Intercoastal, Other
  • Exterior: None

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 5055 Collins Ave Unit 3L
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $545,000
  • Price Per SqFt: $433/SqFt

HOA Fees:

  • Amount: $1354
  • 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

5055 Collins Ave Unit 3L vs Miami Beach

186 DAYS ON ROCKET

+85 Days

$545,000

-$59.5K Less

$433/SqFt

-$168 Less

KEY TAKEAWAY

This property is $59.5K less than the Median Sold Price and $168/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: #A11590511

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 672-6300
  • Listing Agent: Mia Curson

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, 7:20:48 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

$4,142

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

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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-556471
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-556472
7
/10

  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 2.09 miles

  • Public District Grades PK-5

school-card-donut-556473
6
/10

  • Biscayne Elementary School

  • 800 77th St

  • 2.35 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 $77,462. Typical income of Miami Beach, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5055 Collins Ave Unit 3L

What is the listing price of this property?

The listing price of 5055 Collins Ave Unit 3L property is $545,000.

What type of property is this?

The property 5055 Collins Ave Unit 3L is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5055 Collins Ave Unit 3L is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5055 Collins Ave Unit 3L has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 5055 Collins Ave Unit 3L is 1,260 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5055 Collins Ave Unit 3L is 1961.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33140›5055 Collins Ave Unit 3L

This home is located at 5055 Collins Ave Unit 3L in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 1,260 square foot home was built in 1961. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since May 19, 2024 and is currently priced at $545,000.

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. 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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