2 months on rocket

5601 Collins Ave Unit 1123, Miami Beach, FL, 33140

$499,900

Home List Price

$5,936*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
930 SqFt
$538/SqFt
Condo

Location

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5601 Collins Ave Unit 1123, Miami Beach$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingValet
Year Built1968
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access
ViewCanal, Ocean, Water
MLS #A11663411
StatusActive

About 5601 Collins Ave Unit 1123

This elegant 930 sqft 1 Bed, 1.5 Bath condo is a rare gem, offering a spacious sanctuary for relaxation. With impact windows and doors, you’ll enjoy peace and tranquility, complemented by direct access to the boardwalk and beach, complete with convenient towel and chair service. The building is currently undergoing extensive renovations, enhancing hallways, elevators, and more, ensuring a modern and inviting atmosphere. Residents can indulge in top-notch amenities, including a heated pool, fitness center, 24/7 security, front desk service, and valet parking—complete with one valet spot and additional storage. Seasonal rentals and Airbnb are permitted, making this a prime investment opportunity. Don't let this chance pass you by; bring your offers today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1968
  • Living Area: 930 SqFt

Listing Office:

  • Office Name: Epic Choice Realty
  • Office Phone: (786) 402-4821
  • Listing Agent: Walter Vivancos

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Tile
  • Interior: Elevator, Other

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access
  • View: Canal, Ocean, Water
  • Exterior: Balcony, Other

Parking Information:

  • Parking: Valet

Virtual/3D Tour

  • Virtual Tour: 5601 Collins Ave Unit 1123
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
  • Price Per SqFt: $538/SqFt

HOA Fees:

  • Amount: $874
  • Frequency: Monthly
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Housing Market Comparison

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

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Miami Beach, FL

City

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

5601 Collins Ave Unit 1123 vs Miami Beach

83 DAYS ON ROCKET

-14 Days

$499,900

-$117.6K Less

$538/SqFt

-$67 Less

KEY TAKEAWAY

This property is $117.6K less than the Median Sold Price and $67/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: #A11663411

Listing Office:

  • Office Name: Epic Choice Realty
  • Office Phone: (786) 402-4821
  • Listing Agent: Walter Vivancos

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, 12:20:53 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.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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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-4525663
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.71 miles

  • Public District Grades PK-5

school-card-donut-4525664
6
/10

  • Biscayne Elementary School

  • 800 77th St

  • 1.74 miles

  • Public District Grades PK-5

school-card-donut-4525665
7
/10

  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 1.81 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,903. Typical income of Miami Beach, FL residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5601 Collins Ave Unit 1123

What is the listing price of this property?

The listing price of 5601 Collins Ave Unit 1123 property is $499,900.

What type of property is this?

The property 5601 Collins Ave Unit 1123 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5601 Collins Ave Unit 1123 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5601 Collins Ave Unit 1123 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5601 Collins Ave Unit 1123 is 930 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5601 Collins Ave Unit 1123 is 1968.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33140›5601 Collins Ave Unit 1123

This home is located at 5601 Collins Ave Unit 1123 in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 930 square foot home was built in 1968. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $499,900.

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%. In November 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $617,500.

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

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