new - 6 days on rocket

5445 Collins Ave Unit 627, Miami Beach, FL, 33140

$689,000

Home List Price

$8,182*

Closing Credit

1 Full Bath
400 SqFt
$1,723/SqFt
Condo

Location

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5445 Collins Ave Unit 627, Miami Beach$689,000

Buyer Closing Credits

$8,182*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage, One Space, Valet
Attached Garage1 space
Year Built1966
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Ocean Front
ViewOcean, Water
MLS #A11707783
StatusActive

About 5445 Collins Ave Unit 627

“RARE TO MARKET” DIRECT OCEAN VIEW UNIT AND ONE OF 4 UNITS PER FLOOR w/ A BALCONY IN ONE OF THE FEW MIAMI BEACH OCEANFRONT CONDOS ALLOWED BY LAW TO RENT DAILY ….AND THE BEST PART IS, IT’S FULLY FURNISHED WITH A BOOK OF REPEAT BUSINESS (INTACT FOR 7+ YEARS). TURNKEY RENTAL OPERATION, PROFESSIONALLY MANAGED, 90% OCCUPANCY. PERFECT FOR PERSONAL USE OR AS A HIGH-YIELD INVESTMENT. POOL RENOVATION + CONCRETE RESTORATION COMPLETED. NO ASSESSMENTS OR UPCOMING PROJECTS. CASTLE BEACH HAS HAD MANY OFFERS FROM DEVELOPERS ABOVE MARKET VALUE. HOA INCLUDES ELECTRICITY, CABLE TV, WI-FI, LAUNDRY, 24-HR SECURITY + FRONT DESK SERVICES. POOL, TENNIS, FITNESS CENTER, TIKI BAR, RESTAURANT, COFFEE SHOP, BIKE RENTAL, AND MORE. THIS UNIT IS ALWAYS OCCUPIED WITH PAYING GUESTS. CALL LA IN ADVANCE FOR VIRTUAL SHOWING

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Living Area: 400 SqFt

Listing Office:

  • Office Name: Howard Chase Real Estate, LLC
  • Office Phone: (305) 532-7470
  • Listing Agent: Andrew Katz

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access, Ocean Front
  • View: Ocean, Water
  • Exterior: Security/High Impact Doors

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage, One Space, Valet

Virtual/3D Tour

  • Virtual Tour: 5445 Collins Ave Unit 627
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $689,000
  • Price Per SqFt: $1,723/SqFt

HOA Fees:

  • Amount: $998
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

5445 Collins Ave Unit 627 vs Miami Beach

6 DAYS ON ROCKET

-91 Days

$689,000

+$71.5K More

$1,723/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $71.5K more than the Median Sold Price and $1.1K/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: #A11707783

Listing Office:

  • Office Name: Howard Chase Real Estate, LLC
  • Office Phone: (305) 532-7470
  • Listing Agent: Andrew Katz

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: 12/18/2024, 6:20:51 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

$4,504

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,132

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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-4412825
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.50 miles

  • Public District Grades PK-5

school-card-donut-4412826
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 1.86 miles

  • Public District Grades PK-5

school-card-donut-4412827
6
/10
  • Biscayne Elementary School

  • 800 77th St

  • 1.94 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $148,138. The most common annual income of people living in Miami Beach, FL is between $100k-200k. The most common type of family 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 5445 Collins Ave Unit 627

What is the listing price of this property?

The listing price of 5445 Collins Ave Unit 627 property is $689,000.

What type of property is this?

The property 5445 Collins Ave Unit 627 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5445 Collins Ave Unit 627 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5445 Collins Ave Unit 627 has 1 bathroom..

What is the square footage of this property?

The property 5445 Collins Ave Unit 627 is 400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5445 Collins Ave Unit 627 is 1966.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331405445 Collins Ave Unit 627

This home is located at 5445 Collins Ave Unit 627 in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 400 square foot home was built in 1966. Features: 1 bathroom. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $689,000.

Miami Beach, FL housing market in November 2024 saw over 2 listings sold above listed price, more than 6 sold at listed price and over 65 sold below. The inventory of homes for sale in Miami Beach, FL between October 2024 and November 2024 increased by 14.3%. The median list price of listings available in November 2024 was $617,500, while the average time on the real estate market was 97 days.

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

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