2 months on rocket

5161 Collins Ave Unit 1110, Miami Beach, FL, 33140

$490,000

Home List Price

$5,819*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
930 SqFt
$527/SqFt
Condo

Location

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5161 Collins Ave Unit 1110, Miami Beach$490,000

Buyer Closing Credits

$5,819*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space
Year Built1966
HeatingOther
CoolingCentral Air
WaterfrontOcean Access, Ocean Front
ViewIntercoastal, None
MLS #A11657936
StatusActive

About 5161 Collins Ave Unit 1110

Great 1 bed 1.5 Bath unit right on the beach. This well maintained spacious unit features , Stainless steel new appliances, granite counter and large master suite. Enjoy the beach life in this full services building with exercise room, 24hs frontdesk, small market, tiki bar, pool, picnic area, beach services and much more. A key highlight is that the building allows short-term rentals, making it an excellent investment opportunity for vacation rentals . With its prime location on Collins Av, residents and guests have easy access to Miami Beach’s shopping, dining, and entertainment options. Just bring your toothbrush and start enjoying your vacation with the ocean as your backyard and collect rent when you are away. A minimum of 30 days rental is allowed. The unit does not have Balcony.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1966
  • Living Area: 930 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Eat-in Kitchen, Living/Dining Room, Other, Walk-In Closet(s), Elevator

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access, Ocean Front
  • View: Intercoastal, None
  • Exterior: Security/High Impact Doors

Parking Information:

  • Parking: One Space

Virtual/3D Tour

  • Virtual Tour: 5161 Collins Ave Unit 1110
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Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $490,000
  • Price Per SqFt: $527/SqFt

HOA Fees:

  • Amount: $948
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

5161 Collins Ave Unit 1110 vs Miami Beach

61 DAYS ON ROCKET

-40 Days

$490,000

-$114.5K Less

$527/SqFt

-$74 Less

KEY TAKEAWAY

This property is $114.5K less than the Median Sold Price and $74/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: #A11657936

Listing Office:

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

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: 11/17/2024, 2:20:52 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.

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$3,461

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,536

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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-519005
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.21 miles

  • Public District Grades PK-5

school-card-donut-519006
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 2.02 miles

  • Public District Grades PK-5

school-card-donut-519007
6
/10
  • Biscayne Elementary School

  • 800 77th St

  • 2.25 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $115,625. Typical income of Miami Beach, FL residents is 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 5161 Collins Ave Unit 1110

What is the listing price of this property?

The listing price of 5161 Collins Ave Unit 1110 property is $490,000.

What type of property is this?

The property 5161 Collins Ave Unit 1110 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5161 Collins Ave Unit 1110 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5161 Collins Ave Unit 1110 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5161 Collins Ave Unit 1110 is 930 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5161 Collins Ave Unit 1110 is 1966.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331405161 Collins Ave Unit 1110

This home is located at 5161 Collins Ave Unit 1110 in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 930 square foot home was built in 1966. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $490,000.

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. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. Listings spent 101 days on the market in October 2024, and had a median list price of $604,583 during the same period.

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

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