Sold for $615,000

$615,000

5225 Collins Ave APT 502, Miami Beach, FL 33140

2beds

1,200sqft

Condominium

Built in 1962

-- sqft lot

$757,300 Zestimate^®

$513/sqft

$4,110 Estimated rent

Home value

$757,300

$674,000 - $856,000

$4,110/mo

Zestimate^® history

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$6,471/mo

Est. payment

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$6,471/mo

Est. payment

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What's special

Condo living at The Alexander means ocean access and high enjoyment, direct ocean views. This corner unit comes furnished, and short term rentals are allowed. Poolside cabanas available. The feature-rich amenities includes two swimming pools, fitness center, impressive lobby, coffee/wine/dessert shoppe, restaurant, and ocean access- On the beach. The shopping and dining options of Bal Harbour and South Beach are only a short distance away. Pet friendly for owners. Maint fee includes electricity, cable, valet parking, central a/c, pest control, Wi-Fi, beach chairs for owners. Available hotel rental program is optional. Boat docks and boat rentals available. Poolside full bar with beach service.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air, Electric

Appliances

Included: Dishwasher, Microwave, Electric Range, Refrigerator

Features

Closet Cabinetry, Shabbat Elevator, Entrance Foyer
Flooring: Marble, Tile
Windows: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
Furnished: Yes

Interior area

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

Property

Parking

Total spaces: 1
Parking features: 1 Space, Assigned, Covered, No Rv/Boats
Attached garage spaces: 1

Features

Entry location: Foyer
Exterior features: Balcony
Pool features: Association
Spa features: Community
Has view: Yes
View description: Ocean, Pool
Has water view: Yes
Water view: Ocean
Waterfront features: Creek, Ocean Access

Details

Parcel number: 0232140190140

Construction

Type & style

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

Materials

CBS Construction

Condition

Year built: 1962

Community & HOA

Community

Security: Fire Sprinkler System, Security Guard, Security Service, TV Camera
Application fee: $150
Subdivision: The Alexander Condo,The Alexander

HOA

Has HOA: Yes
Amenities included: Bar, Bike/Jog Path, Boat Dock, Cabana, Laundry, Elevator(s), Fitness Center, Pool, Marina, Sauna, Spa/Hot Tub
HOA fee: $2,262 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $513/sqft
Tax assessed value: $622,660
Annual tax amount: $10,734
Date on market: 7/17/2023
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
7/2/2024	Sold	$615,000-11.9%$513/sqft
Source: MIAMI #A11420098 Report a problem
5/14/2024	Contingent	$698,000$582/sqft
Source: MIAMI #A11420098 Report a problem
2/25/2024	Price change	$698,000-12.5%$582/sqft
Source: MIAMI #A11420098 Report a problem
1/10/2024	Price change	$798,000-6%$665/sqft
Source: MIAMI #A11420098 Report a problem
9/20/2023	Price change	$849,000-29.2%$708/sqft
Source: MIAMI #A11420098 Report a problem
7/18/2023	Listed for sale	$1,199,000+93.4%$999/sqft
Source: MIAMI #A11420098 Report a problem
3/6/2006	Sold	$620,000+77.1%$517/sqft
Source: MIAMI #D1042197 Report a problem
8/22/2003	Sold	$350,000+40%$292/sqft
Source: Public Record Report a problem
6/9/1994	Sold	$250,000$208/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,681 -0.2%	$622,660
2024	$11,701 +4.6%	$622,660 +8.3%
2023	$11,182 +12.8%	$574,776 +10%
2022	$9,912 +8.1%	$522,524 +10%
2021	$9,172 +8.7%	$475,022 +9%
2020	$8,437 -10.1%	$435,800 -10%
2019	$9,383 +5.1%	$484,194 +2%
2018	$8,926	$474,700 -9.6%
2017	$8,926 -11.1%	$525,354 +10%
2016	$10,043 -0.2%	$477,595 -6%
2015	$10,066 -2.5%	$508,080
2014	$10,323 +3.7%	$508,080 -5%
2013	$9,953	$534,820 +10%
2012	$9,953 -1.1%	$486,200
2011	$10,064 -6.2%	$486,200
2010	$10,729 -8.8%	$486,200 -15%
2009	$11,767 -17.4%	$572,000 -19%
2007	$14,247 +58.3%	$706,180
2006	$8,997	--
2005	$8,997 -1.9%	--
2004	$9,170 +18.4%	--
2003	$7,743 +7.5%	--
2002	$7,204	--
2001	$7,204	--