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Sold for $1,100,000
  • $1,100,000

    5225 Collins Ave #Penthouse 2, Miami Beach, FL 33140

    2beds
    1,180sqft
    Condominium
    Built in 1962
    -- sqft lot
    $1,184,100 Zestimate®
    $932/sqft
    $3,993 Estimated rent

    Home value

    $1,184,100

    $1.05M - $1.34M

    $3,993/mo

    Zestimate® history
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    What's special

    Direct oceanfront corner unit, two bedrooms, two bathrooms, two balconies, two swimming pools. Open floor plan. Completely remodeled. Hotel services available. Maid service, food service, concierge, valet parking, beach service, hair salon, spa, full liquor bar, cabanas, boat rental, waters ports rentals, etc. Maintenance fee includes electricity, air conditioning, pest control, wi-fi, cable, valet parking, etc. Daily rentals allowed. Hotel rental program available, no restrictions.

    Zillow last checked:

    Listing updated:

    Listed by:

    Miriela Marcos 305-951-3533,

    Marcos Real Estate Svcs, Inc.

    Bought with:

    Jean-Louis Delbeke, 3021105

    One Sotheby's International Realty

    Source: MIAMI,MLS#: A11410698MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric, Zoned
    Cooling
    • Central Air, Electric, Zoned
    Appliances
    • Included: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator
    Features
    • Built-in Features, Closet Cabinetry, Kitchen Island, Split Bedroom, Walk-In Closet(s)
    • Flooring: Ceramic Tile, Tile
    • Windows: Complete Impact Glass, Drapes, High Impact Windows, Impact Glass
    • Furnished: Yes
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 1,180
    • Total interior livable area: 1,180 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Space, Assigned, Valet
    • Attached garage spaces: 1
    Features
    • Entry location: First Floor Entry
    • Exterior features: Balcony
    • Pool features: Association
    • Spa features: Community
    • Has view: Yes
    • View description: Ocean, Pool, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Ocean Access, Ocean Front
    Details
    • Parcel number: 0232140190250
    • Lease amount: $0

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • CBS Construction
    Condition
    • Updated/Remodeled,Completely Renovated
    • Year built: 1962
    Details
    • Builder model: Penthouse 2

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Smoke Detector, Elevator Secure, Secured Garage/Parking, Security Guard
    • Application fee: $150
    • Subdivision: The Alexander Condo,The Alexander
    HOA
    • Has HOA: Yes
    • Amenities included: Bar, Bike/Jog Path, Cabana, Clubhouse-Clubroom, Laundry, Fitness Center, Marina, Pool, Sauna, Spa/Hot Tub, Trash
    • HOA fee: $1,749 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $932/sqft
    • Tax assessed value: $853,290
    • Annual tax amount: $14,232
    • Date on market: 6/27/2023
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    3/27/2024Sold$1,100,000-14.7%$932/sqft
    Source: MIAMI #A11410698 Report a problem
    2/27/2024Pending sale$1,290,000$1,093/sqft
    Source: MIAMI #A11410698 Report a problem
    2/2/2024Price change$1,290,000-14%$1,093/sqft
    Source: MIAMI #A11410698 Report a problem
    6/28/2023Listed for sale$1,500,000+102.7%$1,271/sqft
    Source: MIAMI #A11410698 Report a problem
    9/5/2019Sold$740,000+48%$627/sqft
    Source: Public Record Report a problem
    4/13/2004Sold$500,000$424/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,008 -0.2%$853,290
    2024$16,034 +5.6%$853,290 +9.9%
    2023$15,185 +6.7%$776,304 +10%
    2022$14,232 +14.9%$705,731 +10%
    2021$12,388 +9.1%$641,574 +9.4%
    2020$11,352 +16.7%$586,400 +22.7%
    2019$9,726 -4.8%$477,840 -12%
    2018$10,211 $543,000 -6.2%
    2017$10,211 -7.4%$579,006 +8.4%
    2016$11,026 +7.1%$534,069 +10%
    2015$10,291 +14.8%$485,518 +10%
    2014$8,968 -20.6%$441,380 -20%
    2013$11,294 0%$551,730
    2012$11,294 -1.1%$551,730
    2011$11,420 -6.2%$551,730
    2010$12,175 -8.8%$551,730 -15%
    2009$13,352 -17.4%$649,090 -19%
    2007$16,167 +58.3%$801,350
    2006$10,210 --
    2005$10,210 -1.9%--
    2004$10,405 +18.4%--
    2003$8,786 +16.1%--
    2002$7,570 --
    2001$7,570 --
    Find assessor info on the county website

    Neighborhood: Oceanfront

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,184,100
    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
    $1,184,100