4 months on rocket

5161 Collins Ave Unit 1508, Miami Beach, FL, 33140

$1,200,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,040 SqFt
$1,154/SqFt
Condo

Location

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5161 Collins Ave Unit 1508, Miami Beach$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space
Garage1 space
Year Built1966
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access
ViewCity, Intercoastal, Ocean, Water
MLS #A11614218
StatusActive

About 5161 Collins Ave Unit 1508

A stunning 2-bedroom, 2-bathroom Miami Beach condo is now available for sale. This unit features breathtaking views day and night. These views can be seen in both bedrooms and the living area. The unit has been completely renovated from top to bottom, it features a spacious master bedroom with a walk-in closet and a generous living area. Seacoast is an oceanfront condominium in Millionaires Row designed by Morris Lapidus, which offers amenities like an onsite convenience store, gym, hair salon, library, ballroom, poolside Tiki bar, large pool (currently under construction) hot tub/jacuzzi, wide sandy beach with complimentary chairs and umbrellas, and a scenic boardwalk. Valet parking is available. The unit can be sold furnished or unfurnished. The building allows 30-day rentals.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Living Area: 1,040 SqFt

Listing Office:

  • Office Name: IBuy SFL
  • Office Phone: (786) 521-8539
  • Listing Agent: Julian Chavez III

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Wet Bar, Split Bedrooms, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access
  • View: City, Intercoastal, Ocean, Water
  • Exterior: Balcony, Storm/Security Shutters

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space

Virtual/3D Tour

  • Virtual Tour: 5161 Collins Ave Unit 1508
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $1,154/SqFt

HOA Fees:

  • Amount: $1057
  • 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 1508 vs Miami Beach

147 DAYS ON ROCKET

+46 Days

$1,200,000

+$595.4K More

$1,154/SqFt

+$553 More

KEY TAKEAWAY

This property is $595.4K more than the Median Sold Price and $553/SqFt more 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: #A11614218

Listing Office:

  • Office Name: IBuy SFL
  • Office Phone: (786) 521-8539
  • Listing Agent: Julian Chavez III

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, 12:20:51 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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$7,114

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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-605415
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.21 miles

  • Public District Grades PK-5

school-card-donut-605416
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 2.02 miles

  • Public District Grades PK-5

school-card-donut-605417
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. Typical family type is single, no kids. 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 5161 Collins Ave Unit 1508

What is the listing price of this property?

The listing price of 5161 Collins Ave Unit 1508 property is $1,200,000.

What type of property is this?

The property 5161 Collins Ave Unit 1508 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5161 Collins Ave Unit 1508 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 1508 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5161 Collins Ave Unit 1508 is 1,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5161 Collins Ave Unit 1508 is 1966.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331405161 Collins Ave Unit 1508

This home is located at 5161 Collins Ave Unit 1508 in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 1,040 square foot home was built in 1966. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $1,200,000.

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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