Sold for $710,000

$710,000

5701 Collins Ave APT 514, Miami Beach, FL 33140

2beds

1,070sqft

Condominium

Built in 1969

-- sqft lot

$664,900 Zestimate^®

$664/sqft

$3,631 Estimated rent

Home value

$664,900

$605,000 - $731,000

$3,631/mo

Zestimate^® history

Owner options

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$3,631/mo

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$3,631/mo

Rent Zestimate^®

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$6,371/mo

Est. payment

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$6,371/mo

Est. payment

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What's special

Recently renovated waterfront residence with direct ocean views at the Arlen Beach Condominium. Enjoy resort style living in a large 2 BDRM and 2 BATH home with new Kitchen and Bathrooms (Snaidero Italian cabinets with Whirlpool appliances and Kohler fixtures). Spacious rooms with separate Home Office offering all new finishes, large Balcony, impact windows, and lots of natural light. Building offers Beach and Pool service, Beauty Salon, Restaurant, Gym, Library, Party room, Billiard room, Valet service, and much more. Close to shopping centers, grocery stores, plenty of restaurants, and entertainment. Residence comes with a designated parking space and monthly maintenance fee includes cable TV, WiFi, water, and pest control. Once a year rental, with a minimum of four months, is allowed.

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, Oven
Laundry: Common Area

Features

Flooring: Tile
Doors: High Impact Doors
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 1,070
Total interior livable area: 1,070 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Space, Guest, Valet
Attached garage spaces: 1

Features

Entry location: First Floor Entry
Exterior features: Balcony
Has view: Yes
View description: Ocean, Pool
Has water view: Yes
Water view: Ocean
Waterfront features: Ocean Access, Ocean Front

Details

Parcel number: 0232110280470

Construction

Type & style

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

Materials

Concrete Block Construction, CBS Construction

Condition

Updated/Remodeled
Year built: 1969

Community & HOA

Community

Security: Fire Sprinkler System, Doorman, Elevator Secure, Card Entry, Lobby Secured
Application fee: $150
Pet fee: $0
Subdivision: Arlen Beach Condo

HOA

Has HOA: Yes
Amenities included: Elevator(s), Fitness Center, Exterior Lighting, Pool, Library, Sauna, Trash
HOA fee: $1,500 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $664/sqft
Tax assessed value: $488,507
Annual tax amount: $8,504
Date on market: 4/4/2024
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
5/28/2024	Sold	$710,000-5.3%$664/sqft
Source: MIAMI #A11554838 Report a problem
4/28/2024	Contingent	$750,000$701/sqft
Source: MIAMI #A11554838 Report a problem
4/7/2024	Listed for sale	$750,000+194.1%$701/sqft
Source: MIAMI #A11554838 Report a problem
3/8/2016	Listing removed	$2,500$2/sqft
Source: New Miami Condos Report a problem
12/21/2015	Listed for rent	$2,500$2/sqft
Source: Deco Realty Report a problem
8/7/2003	Sold	$255,000+54.5%$238/sqft
Source: Public Record Report a problem
12/4/1996	Sold	$165,000+10%$154/sqft
Source: Public Record Report a problem
1/26/1995	Sold	$150,000$140/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,164 +1.2%	$488,507 +7.3%
2024	$9,057 +6.5%	$455,468 +10%
2023	$8,504 +12.7%	$414,062 +10%
2022	$7,546 +14.2%	$376,420 +10%
2021	$6,607 -0.3%	$342,200
2020	$6,625 -17.2%	$342,200 -15.1%
2019	$8,003 +12.3%	$402,952 +10%
2018	$7,129	$366,320 +10%
2017	$7,129 +4.5%	$333,019 +10%
2016	$6,822 +10.1%	$302,745 +10%
2015	$6,194 +4.7%	$275,223 +10%
2014	$5,918 +39.8%	$250,203 +10%
2013	$4,233	$227,458 +10%
2012	$4,233 +22.9%	$206,780
2011	$3,445 -17.4%	$206,780 -10%
2010	$4,173 +8.6%	$229,750 +1.2%
2009	$3,843 -2.4%	$227,122 +16.3%
2007	$3,940 -11.7%	$195,288
2006	$4,459	--
2005	$4,459 +1.5%	--
2004	$4,394 -1%	--
2003	$4,440 +25.4%	--
2002	$3,540	--
2001	$3,540	--