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Sold for $470,000
    • $470,000

    5225 Collins Ave APT 708, Miami Beach, FL 33140

    2beds
    960sqft
    Condominium
    Built in 1962
    -- sqft lot
    $477,600 Zestimate®
    $490/sqft
    $3,613 Estimated rent

    Home value

    $477,600

    $435,000 - $525,000

    $3,613/mo

    Zestimate® history
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    What's special

    7th floor condominium with ocean and intracoastal view. Open balcony, 960 sq feet. The building is a condo hotel and has an active hotel license for daily weekly or annual rentals. The building has been thoroughly renovated inside and out. Upscale restaurant, 2 pools, fitness center, bar care, shoppes, and new entrance for valet station. Concierge, boat rentals, water sports rental, complimentary beach chairs and umbrellas, beach chairs for owners. All utilities including cable and internet included in maintenance fee. Shabat elevator.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Sullivan 954-868-1914,

    Coral Shores Realty

    Bought with:

    NON-MLS MEMBER

    MAR NON MLS MEMBER

    Source: MIAMI,MLS#: A11480974MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator
    • Laundry: Common Area
    Features
    • Interior Hall, Split Bedroom
    • Flooring: Ceramic Tile
    • Doors: French Doors
    • Windows: Clear Impact Glass, High Impact Windows
    Interior area
    • Total structure area: 960
    • Total interior livable area: 960 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Space, No Motorcycle, No Rv/Boats
    • Attached garage spaces: 1
    Features
    • Entry location: First Floor Entry
    • Patio & porch: Open Porch
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Front
    Details
    • Parcel number: 0232140190940

    Construction

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

    Community & HOA

    Community
    • Security: Fire Alarm, Doorman, Secured Garage/Parking
    • Application fee: $150
    • Subdivision: The Alexander Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Fitness Center, Pool
    • HOA fee: $1,477 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $490/sqft
    • Tax assessed value: $378,176
    • Annual tax amount: $6,014
    • Date on market: 9/26/2023
    • Listing terms: All Cash,Conventional,FHA,VA Loan
    • Ownership: Limited Partnership

    Price history

    DateEventPrice
    4/15/2025Listing removed$6,500$7/sqft
    Source: MIAMI #A11630688 Report a problem
    8/21/2024Listed for rent$6,500+91.2%$7/sqft
    Source: MIAMI #A11630688 Report a problem
    4/30/2024Sold$470,000-9.4%$490/sqft
    Source: MIAMI #A11480974 Report a problem
    3/25/2024Pending sale$519,000$541/sqft
    Source: MIAMI #A11480974 Report a problem
    3/6/2024Price change$519,000-5.5%$541/sqft
    Source: MIAMI #A11480974 Report a problem
    11/7/2023Listed for sale$549,000+35.4%$572/sqft
    Source: MIAMI #A11480974 Report a problem
    8/16/2023Listing removed--
    Source: Zillow Rentals Report a problem
    8/7/2023Price change$3,400-10.5%$4/sqft
    Source: Zillow Rentals Report a problem
    8/2/2023Price change$3,800-7.3%$4/sqft
    Source: Zillow Rentals Report a problem
    7/9/2023Listed for rent$4,100$4/sqft
    Source: Zillow Rentals Report a problem
    5/9/2023Listing removed--
    Source: Zillow Rentals Report a problem
    4/29/2023Price change$4,100+17.1%$4/sqft
    Source: Zillow Rentals Report a problem
    4/1/2023Listed for rent$3,500+6.1%$4/sqft
    Source: Zillow Rentals Report a problem
    12/15/2020Listing removed$3,300$3/sqft
    Source: Zillow Rental Manager Report a problem
    11/9/2020Listed for rent$3,300+22.2%$3/sqft
    Source: Zillow Rental Manager Report a problem
    7/12/2013Sold$405,500-1.1%$422/sqft
    Source: Public Record Report a problem
    11/8/2012Listed for sale$409,9000%$427/sqft
    Source: Ocean International Realty #A1665437 Report a problem
    11/8/2012Listing removed$2,700$3/sqft
    Source: Greater Miami Investments, Inc #A1613962 Report a problem
    3/9/2012Listing removed$410,000$427/sqft
    Source: Greater Miami Investments, Inc #A1606304 Report a problem
    2/19/2012Listed for rent$2,700$3/sqft
    Source: Greater Miami Investments, Inc #A1606747 Report a problem
    2/18/2012Listed for sale$410,000+228%$427/sqft
    Source: Greater Miami Investments, Inc #A1606304 Report a problem
    11/19/2003Sold$125,000-27.3%$130/sqft
    Source: Public Record Report a problem
    4/12/2001Sold$172,000-1.7%$179/sqft
    Source: Public Record Report a problem
    12/27/1994Sold$175,000$182/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,095 +10.5%$378,176 +21.5%
    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 -14.2%$233,834 -14%
    2020$5,264 -25.7%$271,900 -25.7%
    2019$7,089 +4.9%$365,800 +2.8%
    2018$6,758 $355,770 +10%
    2017$6,758 +9.7%$323,428 -7.9%
    2016$6,159 -6.6%$350,980 +9.1%
    2015$6,597 +11%$321,728 +10%
    2014$5,942 +7.2%$292,480 +20%
    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 +35.1%--
    2003$3,286 -2.5%--
    2002$3,371 --
    2001$3,371 --
    Find assessor info on the county website

    Neighborhood: Oceanfront

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    Estimated market value
    $477,600
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    Estimated market value
    $477,600

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