27 days on rocket

5640 Collins Ave Unit 8A, Miami Beach, FL, 33140

$995,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,775 SqFt
$561/SqFt
Condo

Location

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5640 Collins Ave Unit 8A, Miami Beach$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Deeded, One Space, Two or More Spaces
Garage2 spaces
Year Built1967
HeatingCentral
CoolingCentral Air
WaterfrontBay Front, Ocean Front
ViewBay, City, Intercoastal, Ocean, Other, Water
MLS #A11679317
StatusActive

About 5640 Collins Ave Unit 8A

Experience a luxury at this exceptional corner PH on Collins Avenue! The PH offers panoramic views of the ocean, intercoastal & bay. This beautiful 2-bed/2-bath covers a 1953sqft (excluding 43sqft) as per a 2023 floor plan, 12ft ceiling, marble floorings, parquet, foyer, & breakfast room overlooking the ocean. At The Ashley, you may enjoy a world of privacy and tranquility to experience resort-style living at its finest. The building have 27 units only, which sets them apart from others. The lowest maintenance in Collins. 2parkings. Boat dock available! The boast's size determines the rent $12.5/foot, billing quarterly maximum 35f. Easy access to the beach and boardwalk, parks, and A-rated schools and a 15min drive to the airport. No special assessment.

Property Details

Property Features

Property Information:

  • Architectural Style: Penthouse
  • Year Built: 1967
  • Living Area: 1,775 SqFt

Listing Office:

  • Office Name: The Keyes Company
  • Office Phone: (305) 531-5803
  • Listing Agent: Soumia Benjelloun

Interior Features

Interior Information:

  • Appliances: Dishwasher, Other, Refrigerator
  • Flooring Type: Marble, Parquet
  • Interior: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Entrance Foyer, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Ocean Front
  • View: Bay, City, Intercoastal, Ocean, Other, Water
  • Exterior: Barbecue, Deck, Fence, Other

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Covered, Deeded, One Space, Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 5640 Collins Ave Unit 8A
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: TAKE COLLINS AVE TO 56TH STREET. THE PROPERTY IS ON THE WEST SIDE OF COLLINS AVE(FACING THE BAY AND PINE TREE).

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $561/SqFt

HOA Fees:

  • Amount: $1300
  • 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

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

5640 Collins Ave Unit 8A vs Miami Beach

27 DAYS ON ROCKET

-74 Days

$995,000

+$390.4K More

$561/SqFt

-$40 Less

KEY TAKEAWAY

This property is $390.4K more than the Median Sold Price and $40/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: #A11679317

Listing Office:

  • Office Name: The Keyes Company
  • Office Phone: (305) 531-5803
  • Listing Agent: Soumia Benjelloun

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: 11/17/2024, 4:20:48 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

$6,334

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-507049
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.70 miles

  • Public District Grades PK-5

school-card-donut-507050
6
/10

  • Biscayne Elementary School

  • 800 77th St

  • 1.71 miles

  • Public District Grades PK-5

school-card-donut-507051
7
/10

  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 1.74 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 $82,609. The most common annual income of people living in Miami Beach, FL is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5640 Collins Ave Unit 8A

What is the listing price of this property?

The listing price of 5640 Collins Ave Unit 8A property is $995,000.

What type of property is this?

The property 5640 Collins Ave Unit 8A is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5640 Collins Ave Unit 8A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5640 Collins Ave Unit 8A has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5640 Collins Ave Unit 8A is 1,775 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5640 Collins Ave Unit 8A is 1967.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33140›5640 Collins Ave Unit 8A

This home is located at 5640 Collins Ave Unit 8A in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 1,775 square foot home was built in 1967. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 20, 2024 and is currently priced at $995,000.

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. In October 2024 in Miami Beach, FL there were 15.1% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $604,583, while the average time on the real estate market was 101 days.

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

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