Sold for $540,000

$540,000

5225 Collins Ave APT 1518, Miami Beach, FL 33140

2beds

1,200sqft

Condominium

Built in 1962

-- sqft lot

$588,100 Zestimate^®

$450/sqft

$4,110 Estimated rent

Home value

$588,100

$523,000 - $665,000

$4,110/mo

Zestimate^® history

Owner options

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$4,110/mo

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$4,110/mo

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$5,241/mo

Est. payment

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$5,241/mo

Est. payment

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What's special

Fabulous bay & ocean views from this turnkey condo! French Door that helps make it bright & airy with open kitchen! Very spacious rooms. Comes with a parking space as well. This property also has a unique opportunity to partner with the hotel. The hotel provides a rental program to the owner where they will rent the room for you to guests and split the profits with you. For more information contact the realtor.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Microwave

Features

Entrance Foyer, Walk-In Closet(s)
Flooring: Other
Doors: French Doors

Interior area

Total structure area: 1,200
Total interior livable area: 1,200 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Space
Garage spaces: 1

Features

Entry location: First Floor Entry,Foyer
Exterior features: None, Balcony
Pool features: Association
Spa features: Community
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Details

Parcel number: 0232140191930

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Other

Condition

Year built: 1962

Community & HOA

Community

Security: Lobby Secured
Application fee: $150
Subdivision: The Alexander Condo

HOA

Has HOA: Yes
Amenities included: Bar, Business Center, Community Room, Fitness Center, Pool, Exterior Lighting, Playground, Sauna, Spa/Hot Tub
HOA fee: $1,500 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $450/sqft
Tax assessed value: $434,574
Annual tax amount: $8,672
Date on market: 11/30/2023
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
6/15/2024	Sold	$540,000-1.6%$450/sqft
Source: MIAMI #A11493847 Report a problem
4/14/2024	Pending sale	$549,000$458/sqft
Source: MIAMI #A11493847 Report a problem
3/29/2024	Listed for sale	$549,000$458/sqft
Source: MIAMI #A11493847 Report a problem
2/23/2024	Pending sale	$549,000$458/sqft
Source: MIAMI #A11493847 Report a problem
1/15/2024	Price change	$549,000-19.1%$458/sqft
Source: MIAMI #A11493847 Report a problem
11/30/2023	Listed for sale	$679,000+25.7%$566/sqft
Source: MIAMI #A11493847 Report a problem
1/19/2021	Listing removed	--
Source: MIAMI Report a problem
8/5/2019	Price change	$540,000-1.8%$450/sqft
Source: DeMar Realty #A10591053 Report a problem
6/5/2019	Price change	$550,000-6%$458/sqft
Source: DeMar Realty #A10591053 Report a problem
12/28/2018	Listed for sale	$585,000+62.9%$488/sqft
Source: DeMar Realty #A10591053 Report a problem
5/2/2012	Sold	$359,100-10%$299/sqft
Source: Public Record Report a problem
3/11/2012	Price change	$399,000-6.1%$333/sqft
Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A1610757 Report a problem
2/29/2012	Listed for sale	$425,000$354/sqft
Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A1610757 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,153 -10.1%	$434,574 -10%
2024	$9,074 +4.6%	$482,860 +8.3%
2023	$8,672 +12.8%	$445,727 +10%
2022	$7,686 +8.1%	$405,207 +10%
2021	$7,113 -10.2%	$368,370 -10%
2020	$7,924 -5.1%	$409,300 -5%
2019	$8,348 +3.1%	$430,800
2018	$8,101	$430,800 +0.9%
2017	$8,101 -1%	$426,896 +10%
2016	$8,186 +8.1%	$388,088 +6.8%
2015	$7,575 +12.9%	$363,319 +10%
2014	$6,711 +3.7%	$330,290 -5%
2013	$6,470	$347,670 +10%
2012	$6,470 -1.1%	$316,060
2011	$6,542 +2.2%	$316,060 +9%
2010	$6,398 -8.8%	$289,960 -15%
2009	$7,017 -17.4%	$341,130 -19%
2007	$8,497 +58.3%	$421,150
2006	$5,366	--
2005	$5,366 -1.9%	--
2004	$5,469 +18.4%	--
2003	$4,618 +7.5%	--
2002	$4,297	--
2001	$4,297	--