Sold for $317,500

$317,500

1437 Collins Avenue #225, Miami Beach, FL 33139

1beds

500sqft

Condominium

Built in 2006

-- sqft lot

$345,900 Zestimate^®

$635/sqft

$2,842 Estimated rent

Home value

$345,900

$315,000 - $377,000

$2,842/mo

Zestimate^® history

Owner options

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$2,842/mo

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$2,842/mo

Rent Zestimate^®

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$4,060/mo

Est. payment

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$4,060/mo

Est. payment

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What's special

Gorgeous South Beach Condo/Hotel in an unbeatable location at top of Ocean Drive and Collins Avenue. Turnkey income-producing unit comes fully furnished. The only corner unit in Z Ocean Hotel with a patio that leads directly onto the main pool deck. Centrally located between the famous Ocean Drive and Collins Ave, this is a desirable destination for travelers from all over the world seeking Art Events + Culture, Music, Shopping, and world-famous South Beach! Beach is just 2 minutes away across the street from the hotel. Unit is currently being professionally managed by company outside the hotel program. Short term rentals/Airbnb friendly.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main
Area: 196
Dimensions: 14 X 14

Kitchen

Level: Main
Area: 100
Dimensions: 10 X 10

Living room

Level: Main
Area: 196
Dimensions: 14 X 14

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Microwave, Refrigerator

Features

Breakfast Bar, Built-in Features, Dual Sinks, Eat-in Kitchen, Elevator
Flooring: Marble
Windows: Sliding
Furnished: Yes

Interior area

Total structure area: 500
Total interior livable area: 500 sqft

Property

Parking

Total spaces: 1
Parking features: Covered, Garage
Garage spaces: 1

Features

Patio & porch: Open, Porch, Balcony
Exterior features: Balcony, Outdoor Living Area
Pool features: Association
Has view: Yes
View description: City
Waterfront features: Ocean Access

Details

Additional structures: Cabana
Parcel number: 0232341930720
Zoning: RES

Construction

Type & style

Home type: Condo
Architectural style: Colonial
Property subtype: Condominium

Materials

Block, Concrete

Condition

Resale
New construction: No
Year built: 2006

Utilities & green energy

Electric: 3 Phase
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Sewer Available, Water Available

Community & HOA

Community

Security: Security System, Fire Alarm
Subdivision: Z Ocean

HOA

Has HOA: Yes
Amenities included: Cabana, Elevator(s), Fitness Center, Pool, Spa/Hot Tub
Services included: Internet
HOA fee: $1,836 monthly
HOA phone: 954-241-4207

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $635/sqft
Annual tax amount: $3,649
Date on market: 5/19/2023
Cumulative days on market: 60 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
8/22/2023	Sold	$317,500-20.6%$635/sqft
Source: BeachesMLS #R10891123 Report a problem
7/24/2023	Pending sale	$400,000$800/sqft
Source: BeachesMLS #RX-10891123 Report a problem
5/19/2023	Listed for sale	$400,000-36%$800/sqft
Source: BeachesMLS #RX-10891123 Report a problem
1/8/2007	Sold	$625,000$1,250/sqft
Source: Public Record Report a problem