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Sold for $507,500
  • $507,500

    5225 Collins Ave APT 1205, Miami Beach, FL 33140

    2beds
    960sqft
    Condominium
    Built in 1962
    -- sqft lot
    $512,000 Zestimate®
    $529/sqft
    $3,613 Estimated rent

    Home value

    $512,000

    $461,000 - $573,000

    $3,613/mo

    Zestimate® history
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    $3,613/mo

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    $5,380/mo

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    $5,380/mo

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    What's special

    EASY TO VIEW! (Rare opportunity to own a FULLY FURNISHED condo with minimum 1 day lease. )Earn income when you want or use when you want. You can do self rental or go thru the hotel program if you don't want to manage. You can average $50-$80k a year and use for yourself in-between rentals. The options are endless. Ocean front, 2/2, all tiled. HOA INCLUDES water, electricity, cable and wi-fi, 1 parking Free with valet for owner, beach chair and towels. Building has been remodeled inside and out. At the lobby there is also has some shops. Balcony has amazing South with views of the ocean and intercoastal. ((Video of the unit is available upon request))

    Zillow last checked:

    Listing updated:

    Listed by:

    Yarlene Vinas PA 786-712-6219,

    Yarlex International Realty

    Bought with:

    Yarlene Vinas PA, 3133841

    Yarlex International Realty

    Source: MIAMI,MLS#: A11512547MLS 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, Gas Water Heater
    Features
    • Walk-In Closet(s)
    • Flooring: Tile
    • Windows: Clear Impact Glass
    • 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, Garage Door Opener
    • Garage spaces: 1
    Features
    • Entry location: First Floor Entry
    • Patio & porch: Deck
    • Exterior features: Other, Courtyard
    • Has view: Yes
    • View description: Garden, Intracoastal View, Ocean
    • Has water view: Yes
    • Water view: Intracoastal View,Ocean
    • Waterfront features: Ocean Access, Ocean Front
    Details
    • Parcel number: 0232140190600

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Other
    Condition
    • Year built: 1962

    Community & HOA

    Community
    • Security: Doorman, Card Entry, Secured Garage/Parking
    • Application fee: $150
    • Subdivision: The Alexander Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry, Elevator(s), Fitness Center, Exterior Lighting
    • HOA fee: $1,807 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $529/sqft
    • Tax assessed value: $397,508
    • Annual tax amount: $6,431
    • Date on market: 1/11/2024
    • Listing terms: All Cash,Cash,Conventional,1031 Exchange,Lease Option,Lease Purchase,Owner Will Carry

    Price history

    DateEventPrice
    7/1/2024Listing removed--
    Source: MIAMI #A11494182 Report a problem
    5/29/2024Sold$507,500-12.5%$529/sqft
    Source: MIAMI #A11512547 Report a problem
    3/15/2024Price change$579,727-3.3%$604/sqft
    Source: MIAMI #A11512547 Report a problem
    2/8/2024Price change$4,250-5.5%$4/sqft
    Source: MIAMI #A11494182 Report a problem
    1/25/2024Price change$599,727-9.1%$625/sqft
    Source: MIAMI #A11512547 Report a problem
    1/12/2024Listed for sale$659,727+10.1%$687/sqft
    Source: MIAMI #A11512547 Report a problem
    12/1/2023Listed for rent$4,499-7.2%$5/sqft
    Source: MIAMI #A11494182 Report a problem
    10/4/2023Listing removed--
    Source: MIAMI #A11283115 Report a problem
    6/9/2023Price change$4,850-7.6%$5/sqft
    Source: MIAMI #A11283115 Report a problem
    4/13/2023Listing removed--
    Source: MIAMI #A11291916 Report a problem
    2/15/2023Price change$599,000-4.6%$624/sqft
    Source: MIAMI #A11291916 Report a problem
    1/21/2023Price change$627,727-4.9%$654/sqft
    Source: MIAMI #A11291916 Report a problem
    10/21/2022Listed for sale$659,727+24.7%$687/sqft
    Source: MIAMI #A11291916 Report a problem
    10/3/2022Listed for rent$5,250+50%$5/sqft
    Source: Zillow Rental Network_1 #A11283115 Report a problem
    11/7/2021Listing removed--
    Source: MIAMI #A11040105 Report a problem
    10/11/2021Listed for sale$529,000-3.8%$551/sqft
    Source: MIAMI #A11040105 Report a problem
    1/11/2021Listing removed--
    Source: MIAMI Report a problem
    9/1/2020Listing removed$549,900$573/sqft
    Source: Century 21 Yarlex International #A10856621 Report a problem
    8/7/2020Listed for sale$549,900$573/sqft
    Source: Century 21 Yarlex International #A10856621 Report a problem
    6/17/2020Listing removed$549,900$573/sqft
    Source: Century 21 Yarlex Internationa #A10856621 Report a problem
    6/5/2020Listed for sale$549,900+30.9%$573/sqft
    Source: Century 21 Yarlex Internationa #A10856621 Report a problem
    5/5/2020Listed for rent$3,4990%$4/sqft
    Source: CENTURY 21 Yarlex #A10853552 Report a problem
    2/26/2019Listing removed$3,500$4/sqft
    Source: CENTURY 21 Yarlex International Realty #A10544026 Report a problem
    1/11/2019Price change$3,500-12.5%$4/sqft
    Source: CENTURY 21 Yarlex International Realty #A10544026 Report a problem
    10/1/2018Listed for rent$4,000$4/sqft
    Source: Century 21 Yarlex International Realty #A10544026 Report a problem
    7/31/2014Sold$420,000+133.3%$438/sqft
    Source: MIAMI #A1976190 Report a problem
    10/23/1997Sold$180,000$188/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,457 +10.5%$397,508 +21.5%
    2024$6,750 +5%$327,142 +10%
    2023$6,431 +17.9%$297,402 +10%
    2022$5,452 +14.9%$270,366 +10%
    2021$4,746 -16.1%$245,788 -15.9%
    2020$5,657 -24.1%$292,200 -24%
    2019$7,451 +4%$384,500 +1.4%
    2018$7,166 $379,187 +10%
    2017$7,166 +9.2%$344,716 -10.7%
    2016$6,564 -19.3%$386,020 -6%
    2015$8,136 +23.3%$410,660 +30.9%
    2014$6,601 +1.8%$313,698 +10%
    2013$6,486 $285,180 -10%
    2012$6,486 +1.6%$316,870 +4.5%
    2011$6,384 +5%$303,094 +10%
    2010$6,080 -8.8%$275,540 -15%
    2009$6,668 -17.4%$324,170 -19%
    2007$8,074 +58.3%$400,210
    2006$5,099 --
    2005$5,099 -1.9%--
    2004$5,197 +13.5%--
    2003$4,579 +16.1%--
    2002$3,945 --
    2001$3,945 --
    Find assessor info on the county website

    Neighborhood: Oceanfront

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $512,000
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    Estimated market value
    $512,000