2 months on rocket

5601 Collins Ave Unit 523, Miami Beach, FL, 33140

$550,000

Home List Price

$6,531*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
930 SqFt
$591/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5601 Collins Ave Unit 523, Miami Beach$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Covered, Garage, One Space
Attached Garage1 space
Year Built1968
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Ocean Front
ViewIntercoastal
MLS #A11663067
StatusActive

About 5601 Collins Ave Unit 523

GREAT OCEANFRONT OPPORTUNITY FOR INVESTORS!! MONTHLY SHORT TERM RENTALS !! LARGE ONE BED, 1.5 BATH, SPACIOUS WITH LOTS OF CLOSETS CERAMIC FLOORS, BALCONY, INTRACOSTAL VIEW!! FULL SERVICE OCEANFRONT BUILDING WITH NEW, ELEVATORS, UPDATED HALLWAYS, SPRINKLERS, POOL, GYM, SAUNA, 24 HRS SECURITY, COVER PARKING, OCEAN SIDE PLAY AREA WITH BARBECUE, A/C ELECTRIC AND INTERNET/CABLE INCLUDED IN MAINTENANCE, 24 HRS SECURITY AND ONE COVER PARKING ASSIGNED. EASY TO SHOW!!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1968
  • Living Area: 930 SqFt

Listing Office:

  • Office Name: SunCoast Beach Rlty Inc.
  • Office Phone: (305) 866-4000
  • Listing Agent: Jorge De Los Rios

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Walk-In Closet(s)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access, Ocean Front
  • View: Intercoastal
  • Exterior: Balcony, Barbecue

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached, Covered, Garage, One Space

Virtual/3D Tour

  • Virtual Tour: 5601 Collins Ave Unit 523
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: COLLINS AVE TO 56 STREET, OCEANFRONT BUILDING

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $591/SqFt

HOA Fees:

  • Amount: $969
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

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 523 vs Miami Beach

87 DAYS ON ROCKET

-10 Days

$550,000

-$67.5K Less

$591/SqFt

-$14 Less

KEY TAKEAWAY

This property is $67.5K less than the Median Sold Price and $14/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: #A11663067

Listing Office:

  • Office Name: SunCoast Beach Rlty Inc.
  • Office Phone: (305) 866-4000
  • Listing Agent: Jorge De Los Rios

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

$3,782

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Powered By

Rocket Mortgage

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.

Nearby Schools

school-card-donut-4526039
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.71 miles

  • Public District Grades PK-5

school-card-donut-4526040
6
/10

  • Biscayne Elementary School

  • 800 77th St

  • 1.74 miles

  • Public District Grades PK-5

school-card-donut-4526041
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. Most Miami Beach, FL residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5601 Collins Ave Unit 523

What is the listing price of this property?

The listing price of 5601 Collins Ave Unit 523 property is $550,000.

What type of property is this?

The property 5601 Collins Ave Unit 523 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5601 Collins Ave Unit 523 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 523 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5601 Collins Ave Unit 523 is 930 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5601 Collins Ave Unit 523 is 1968.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33140›5601 Collins Ave Unit 523

This home is located at 5601 Collins Ave Unit 523 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 21, 2024 and is currently priced at $550,000.

While more than 2 listings in Miami Beach, FL in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 65 were sold below. In November 2024 in Miami Beach, FL there were 14.3% more homes for sale than in October 2024. 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.

More Resources