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Sold for $475,000
  • $475,000

    5225 Collins Ave APT 706, Miami Beach, FL 33140

    2beds
    960sqft
    Condominium
    Built in 1962
    -- sqft lot
    $475,100 Zestimate®
    $495/sqft
    $3,613 Estimated rent

    Home value

    $475,100

    $418,000 - $542,000

    $3,613/mo

    Zestimate® history
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    What's special

    On the ocean, excellent investment opportunity to own a condo that can generate income and be enjoyed by the owner throughout the year. Ocean and swimming pool views, open balcony and furnished condo in The Alexander that can be placed in the hotel rental program when not in use by the owner. Daily rentals are allowed. The Alexander has two swimming pools, gym, sauna, hot tub, restaurants, beauty salon, poolside bar, water sports rentals, coffee/wine shoppe, valet parking, etc... The electricity is included in the condo maintenance fees.

    Zillow last checked:

    Listing updated:

    Listed by:

    Miriela Marcos 305-951-3533,

    Marcos Real Estate Svcs, Inc.

    Bought with:

    Maria Torres, 3500279

    Coldwell Banker Realty

    Source: MIAMI,MLS#: A11933838MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Microwave, Electric Range, Refrigerator
    Features
    • Lobby, Elevator, Shabbat Elevator
    • Flooring: Ceramic Tile, Tile
    • Doors: High Impact Doors, French Doors
    • Furnished: Yes
    Interior area
    • Total structure area: 960
    • Total interior livable area: 960 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Parking-Under Building, Valet, No Rv/Boats
    • Attached garage spaces: 1
    Features
    • Exterior features: Balcony
    • Pool features: Association
    • Spa features: Community
    • Fencing: Fenced
    • Has view: Yes
    • View description: Ocean, Pool, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Ocean Access
    Details
    • Parcel number: 0232140190680

    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: Smoke Detector, Complex Fenced, Secured Garage/Parking, Security Service
    • Application fee: $150
    • Pet fee: $0
    • Subdivision: The Alexander Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Bar, Boat Dock, Cabana, Clubhouse-Clubroom, Laundry, Elevator(s), Fitness Center, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub, Trash
    • HOA fee: $1,808 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $495/sqft
    • Tax assessed value: $378,176
    • Annual tax amount: $6,660
    • Date on market: 12/21/2025
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    1/27/2026Sold$475,000-4.8%$495/sqft
    Source: MIAMI #A11933838 Report a problem
    1/4/2026Pending sale$499,000$520/sqft
    Source: MIAMI #A11933838 Report a problem
    12/22/2025Listed for sale$499,000+117%$520/sqft
    Source: MIAMI #A11933838 Report a problem
    8/11/2003Sold$230,000$240/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,660 +3.7%$342,354 +10%
    2024$6,422 +5%$311,231 +10%
    2023$6,118 +17.9%$282,938 +10%
    2022$5,187 +14.9%$257,217 +10%
    2021$4,515 -16.1%$233,834 -15.9%
    2020$5,382 -24.1%$278,000 -24%
    2019$7,089 +5.1%$365,800 +3.1%
    2018$6,748 $354,967 +10%
    2017$6,748 +9.8%$322,698 -0.5%
    2016$6,145 -2%$324,404 +10%
    2015$6,270 +11.1%$294,913 +10%
    2014$5,642 +1.8%$268,103 +10%
    2013$5,544 $243,730 -10%
    2012$5,544 +1.6%$270,810 +4.5%
    2011$5,456 +5%$259,039 +10%
    2010$5,196 -8.8%$235,490 -15%
    2009$5,699 -17.4%$277,050 -19%
    2007$6,900 +58.3%$342,030
    2006$4,358 --
    2005$4,358 -1.9%--
    2004$4,441 +13.5%--
    2003$3,913 +16.1%--
    2002$3,371 --
    2001$3,371 --
    Find assessor info on the county website

    Neighborhood: Oceanfront

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Beach
    • Middle: Nautilus
    • High: Miami Beach

    Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $475,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $475,100