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Sold for $510,000
  • $510,000

    5225 Collins Ave APT 1016, Miami Beach, FL 33140

    2beds
    960sqft
    Condominium
    Built in 1962
    -- sqft lot
    $487,400 Zestimate®
    $531/sqft
    $3,613 Estimated rent

    Home value

    $487,400

    $439,000 - $541,000

    $3,613/mo

    Zestimate® history
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    What's special

    Valet parkingPoolside towelsBeach chairsPoolside full barUpdated kitchenMaid serviceSplit plan
    Enjoy bay and ocean from this north facing 2/2 at the Alexander Hotel. This furnished & spacious unit is a split plan and offers updated kitchen and bathrooms. Enroll in hotel rental program & receive income while away!! Amenities include: valet parking, concierge, maid service, poolside towels and beach chairs, gym equipped with a spa and a sauna, poolside full bar and food. Maintenance fee includes: Cable, electricity, central a/c, wi-fi. Click the virtual tour link to see video of property & contact me directly for more info.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michele Redlich michaelj.suarez@cbrealty.com,

    Coldwell Banker Realty

    Bought with:

    Gilberto Imery, 3339736

    Gilvan Realty Corp

    Source: MIAMI,MLS#: A11264024MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
    Features
    • Lobby, Shabbat Elevator, Elevator
    • Flooring: Carpet, Marble
    • Doors: High Impact Doors
    • Furnished: Yes
    Interior area
    • Total structure area: 960
    • Total interior livable area: 960 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Space, Covered, Valet, No Rv/Boats, No Trucks/Trailers
    • Attached garage spaces: 1
    Features
    • Exterior features: Balcony
    • Pool features: Association
    • Spa features: Community
    • Has view: Yes
    • View description: Bay, Ocean
    • Has water view: Yes
    • Water view: Bay,Ocean
    • Waterfront features: Ocean Front
    Details
    • Parcel number: 0232140191660

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • CBS Construction
    Condition
    • Updated/Remodeled
    • Year built: 1962

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Fire Alarm, Smoke Detector, Elevator Secure, Secured Garage/Parking, Lobby Secured
    • Application fee: $150
    • Subdivision: The Alexander Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Bike/Jog Path, Bike Storage, Boat Dock, Barbecue, Business Center, Elevator(s), Fitness Center, Pool, Sauna, Spa/Hot Tub
    • HOA fee: $1,476 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $531/sqft
    • Tax assessed value: $389,576
    • Annual tax amount: $4,651
    • Date on market: 8/26/2022
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    7/27/2023Sold$510,000-5.4%$531/sqft
    Source: MIAMI #A11264024 Report a problem
    7/5/2023Pending sale$539,000$561/sqft
    Source: MIAMI #A11264024 Report a problem
    4/25/2023Price change$539,000-1.8%$561/sqft
    Source: MIAMI #A11264024 Report a problem
    2/8/2023Price change$549,000-1.8%$572/sqft
    Source: MIAMI #A11264024 Report a problem
    10/27/2022Price change$559,000-3.5%$582/sqft
    Source: MIAMI #A11264024 Report a problem
    9/1/2022Listed for sale$579,000+80.9%$603/sqft
    Source: MIAMI #A11264024 Report a problem
    4/8/2014Listing removed$1,750$2/sqft
    Source: Brickell Brokers Report a problem
    11/19/2013Price change$1,750-76.9%$2/sqft
    Source: Brickell Brokers Report a problem
    9/11/2013Price change$7,583+333.3%$8/sqft
    Source: L.E.P. Realty Inc #A1658140 Report a problem
    7/30/2013Price change$1,750-76.9%$2/sqft
    Source: L.E.P. Realty Inc Report a problem
    6/29/2012Listed for rent$7,583$8/sqft
    Source: L.E.P. Realty Inc #A1658140 Report a problem
    7/2/2009Sold$320,000-33.3%$333/sqft
    Source: Public Record Report a problem
    3/12/2007Sold$480,000$500/sqft
    Source: MIAMI #D1125773 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,308 -5.2%$389,576 -5%
    2024$7,706 +22.3%$410,080 +40.7%
    2023$6,302 +17.9%$291,471 +10%
    2022$5,344 +14.9%$264,974 +10%
    2021$4,651 -14.2%$240,886 -14%
    2020$5,423 -18.1%$280,100 -18%
    2019$6,620 +3.1%$341,600
    2018$6,424 $341,600 +1.5%
    2017$6,424 -0.5%$336,697 +10%
    2016$6,455 +9.1%$306,089 +10%
    2015$5,916 +11.1%$278,263 +10%
    2014$5,323 +1.8%$252,967 +10%
    2013$5,231 $229,970 -10%
    2012$5,231 +1.6%$255,520 +4.5%
    2011$5,148 +5%$244,409 +10%
    2010$4,903 -8.8%$222,190 -15%
    2009$5,377 -17.4%$261,400 -19%
    2007$6,511 +58.3%$322,710
    2006$4,112 --
    2005$4,112 -1.9%--
    2004$4,190 +13.5%--
    2003$3,692 +16.1%--
    2002$3,181 --
    2001$3,181 --
    Find assessor info on the county website

    Neighborhood: Oceanfront

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $487,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $487,400