4 months on rocket

5555 Collins Ave Unit 5V, Miami Beach, FL, 33140

$455,000

Home List Price

$5,403*

Closing Credit

2 Bedrooms
2 Full Baths
1,048 SqFt
$434/SqFt
Condo

Location

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5555 Collins Ave Unit 5V, Miami Beach$455,000

Buyer Closing Credits

$5,403*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingValet
Year Built1967
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Ocean Front
ViewIntercoastal
MLS #A11622670
StatusActive

About 5555 Collins Ave Unit 5V

Oceanfront resort-style living on Millionaire's Row with this condo designed by architect Morris Lapidus. Unit is completely updated including impact sliding glass doors with oversized balcony & Intracoastal views. Oceanfront access to the beach, take advantage of valet parking. Lola restaurant located on-site. Pool & amenities, including gym & sports facilities, are currently closed for renovations, the ongoing 50-year certification will soon make the condo like new, featuring new amenities, Please see renders. Buyer will assume a special assessment of approx. $110,000. Your chance to buy into a building that will soon boast state of the art amenities, refreshed common areas & a sleek new look. Almost finished, this condo will be the perfect place to enjoy the best of waterfront living!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1967
  • Living Area: 1,048 SqFt

Listing Office:

  • Office Name: Enkasa, Inc.
  • Office Phone: (305) 582-9855
  • Listing Agent: Andres Rodriguez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile, Tile
  • Interior: Pantry, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Valet

Virtual/3D Tour

  • Virtual Tour: 5555 Collins Ave Unit 5V
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $455,000
  • Price Per SqFt: $434/SqFt

HOA Fees:

  • Amount: $3902
  • Frequency: Quarterly
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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

5555 Collins Ave Unit 5V vs Miami Beach

129 DAYS ON ROCKET

+28 Days

$455,000

-$149.5K Less

$434/SqFt

-$167 Less

KEY TAKEAWAY

This property is $149.5K less than the Median Sold Price and $167/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: #A11622670

Listing Office:

  • Office Name: Enkasa, Inc.
  • Office Phone: (305) 582-9855
  • Listing Agent: Andres Rodriguez

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, 5:20:49 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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$3,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,431

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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-677292
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.63 miles

  • Public District Grades PK-5

school-card-donut-677293
6
/10
  • Biscayne Elementary School

  • 800 77th St

  • 1.83 miles

  • Public District Grades PK-5

school-card-donut-677294
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 1.85 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,903. The most common annual income of people living in Miami Beach, FL is less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5555 Collins Ave Unit 5V

What is the listing price of this property?

The listing price of 5555 Collins Ave Unit 5V property is $455,000.

What type of property is this?

The property 5555 Collins Ave Unit 5V is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5555 Collins Ave Unit 5V is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5555 Collins Ave Unit 5V has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5555 Collins Ave Unit 5V is 1,048 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5555 Collins Ave Unit 5V is 1967.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331405555 Collins Ave Unit 5V

This home is located at 5555 Collins Ave Unit 5V in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 1,048 square foot home was built in 1967. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $455,000.

In October 2024, from all listings sold in Miami Beach, FL there were more than 6 sold above asking price, over 77 sold below and more than 9 were sold right at the asked price. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. 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.

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