$789,000 - $841,102
RENTED APR 21, 2025

Seacoast 5161 Collins Ave Unit 1217 Miami Beach, FL 33140

Oceanfront Neighborhood
2 Beds
2 Baths
1,010 Sq Ft
$804 Price per Sq Ft

Last Sold December 20, 2024

Last sale price $795,000 $787 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,727/month

About This Home

As of December 2024

SUPERIOR DIRECT EAST, UNOBSTRUCTED, OCEAN VIEW! Yearly or minimum 6 months furnished or unfurnished rental. Available now. Remodeled with honed & polished Travertine floors thru-out. Gorgeous kitchen features quartz counters, mosaic tile backsplash, under cab lighting & stainless-steel appliances. Highly functional split floor plan with a very bright and spacious feel. Seacoast – A Luxury Oceanfront Resort Style Morris Lapidus-Millionaires Row Masterpiece, with Grand lobby, huge fitness facility, direct access to the fantastic beach walk and extraordinary beach with full time beach service including umbrellas and lounge chairs with no charge. Also included – water, sewer, trash removal, hot water, air conditioning, expanded cable with HD channels, TIVO an high speed internet.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Dec 18, 2024
Sold by
Elizabeth Otero Md Revocable Trust and Otero Elizabeth
Bought by
Nudel Stephen C and Nudel Gina G
Seller's Agent
Martell Otero
Illustrated Properties LLC (Co
Buyer's Agent
Ralph De Martino
Ocean International Realty
List Price
$850,000
Sold Price
$795,000
Premium/Discount to List
-$55,000
-6.47%
Views
11
Current Estimated Value
$812,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,026
Avg. Annual Appreciation
6.63%
Original Mortgage
$215,000
Outstanding Balance
$205,902
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$606,124

Purchase Details

Closed on
Sep 4, 2015
Sold by
Demartino Alicia
Bought by
Otero Md Elizabeth

Purchase Details

Closed on
Jun 4, 2004
Sold by
Demartino Ralph
Bought by
Demartino Alicia

Purchase Details

Closed on
Nov 20, 1999
Sold by
Citibank Na
Bought by
Demartino Ralph and Demartino Alicia

Purchase Details

Closed on
Oct 29, 1996
Sold by
Suncoast Towers East Associates
Bought by
Alboniga Juan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
8.28%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nudel Stephen C $795,000 City Title Services
Nudel Stephen C $795,000 City Title Services
Otero Md Elizabeth $731,000 Attorney
Demartino Alicia -- Attorney
Demartino Ralph $209,300 --
Alboniga Juan J $232,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nudel Stephen C $215,000
Previous Owner Demartino Alicia E $20,000
Previous Owner Alboniga Juan J $164,000
Previous Owner Alboniga Juan J $50,000
Previous Owner Alboniga Juan J $162,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Rented $3,990 0.0% --
04/03/2025 04/03/25 Under Contract -- -- --
02/24/2025 02/24/25 Price Changed $3,990 0.0% $4 / Sq Ft
12/20/2024 12/20/24 Sold $795,000 0.0% $787 / Sq Ft
12/12/2024 12/12/24 For Rent $5,000 0.0% --
12/11/2024 12/11/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $850,000 -- $842 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,336 $749,149 -- --
2023 $14,336 $681,045 $0 $0
2022 $12,115 $619,132 $0 $0
2021 $10,868 $562,848 $0 $0
2020 $10,477 $541,200 $0 $0
2019 $11,276 $581,900 $0 $0
2018 $9,947 $529,000 $0 $0
2017 $11,131 $584,501 $0 $0
2016 $11,354 $584,501 $0 $0
2015 $4,509 $267,962 $0 $0
2014 $4,585 $265,836 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ralph De Martino

    Seller's Agent in 2025

    Ralph De Martino

    Ocean International Realty

    (305) 695-1105

    17 in this area

    46 Total Sales

    Ralph De Martino
    Section Image
  • Martell Otero

    Seller's Agent in 2024

    Martell Otero

    Illustrated Properties LLC (Co

    (626) 841-0717

    1 in this area

    11 Total Sales

    Martell Otero
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Salvo Calafiore

    Illustrated Properties LLC (Co

    (561) 209-7900

    1 in this area

    41 Total Sales

    Salvo Calafiore
    Section Image
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About Seacoast

Map

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5161 Collins Ave Unit 1217, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 5161 Collins Ave Unit 1217, Miami Beach, FL 33140 and is currently estimated at $812,026, approximately $803 per square foot. 5161 Collins Ave Unit 1217 is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.