Experience breathtaking ocean views from this stunning 14th-floor 2 bed, 2 bath Miami Beach condo! This beautifully appointed apartment offers abundant natural light, a spacious balcony, and modern finishes throughout. Located in a prime beachfront building, enjoy resort-style amenities, including 2 pools, fitness center, and direct beach access. Ideal for those seeking an Airbnb rental investment or a second home, no restrictions. Special assessment.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,315
Per Month
Principal & Interest
$2,441
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$1,807
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,533
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
North Beach Elementary School
4100 Prairie Ave
Distance between this listing and this school1.26 miles
Public District Grades PK-5
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school1.99 miles
Public District Grades PK-5
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school2.20 miles
Public District Grades PK-5
Nearby Schools
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school1.33 miles
Public District Grades 6-8
7
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school2.88 miles
Public Charter Grades KG-8
4
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school5.39 miles
Public Magnet Grades 6-8
Nearby Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school2.20 miles
Public District Grades 9-12
10
/10
Design & Architecture Senior High School
4001 NE 2nd Ave
Distance between this listing and this school4.49 miles
Public Magnet Grades 9-12
7
/10
Itech@Thomas a Edison Educational Center
6101 NW 2nd Ave
Distance between this listing and this school4.90 miles
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. The majority of families are 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 5225 Collins Ave Unit 1404
What is the listing price of this property?
The listing price of 5225 Collins Ave Unit 1404 property is $489,000.
What type of property is this?
The property 5225 Collins Ave Unit 1404 is a condo located in Miami Beach, Florida, 33140.
Is this property for sale now?
Active Listing: 5225 Collins Ave Unit 1404 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 5225 Collins Ave Unit 1404 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5225 Collins Ave Unit 1404 is 750 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5225 Collins Ave Unit 1404 is 1962.
This home is located at 5225 Collins Ave Unit 1404 in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 750 square foot home was built in 1962. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $489,000.
While more than 6 listings in Miami Beach, FL in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and 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 median list price was $604,583 and the average listing age was 101 days.
From Rocket Homes Real Estate and based on county public records data.