$500,000
$100K PRICE DROP

5225 Collins Ave Unit 1407 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated payment $5,139/month

Total Views 3,489
2 Beds
2 Baths
960 Sq Ft
$521 Price per Sq Ft

Highlights

  • Ocean Front
  • Bar or Lounge
  • Deck
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Community Pool

About This Home

Beautiful unit at the 14th floor with ocean and intracoastal view. Great unit for investors as owners have the option to enroll in the Hotel Rental Program to generate income while not using. 2 bedrooms 2 bathroom and 1 covered parking garage condo in Collins Avenue. This building offers the accommodation of hotel services such as a cleaning service, valet parking, concierge, playground area, and business center, maid service, gym, spa, restaurant, hair salon, cafe/bakery/wine shop, 2 pools, poolside tiki bar & beach service. Daily rental available. See attachement of rental policies provided by the association.

Listing Agent

Maru Porro

Urdapilleta Real Estate, LLC License #3247021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,494

Year Built

  • Built in 1962

HOA Fees

  • $1,807 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

  • Ocean
  • Canal
  • Pool

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 960 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • Property has ocean access
  • Deck

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-019-0870

Community Details

Overview

  • High-Rise Condominium
  • The Alexander Condo
  • The Alexander Condo Subdivision
  • 17-Story Property

Amenities

  • Business Center
  • Bar or Lounge
  • Laundry Facilities
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,494

Year Built

Built in 1962

Lot Details

0

HOA Fees

$1,807 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 14
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE ALEXANDER CONDO
  • Year Built Details: Condo-Hotel
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Shabbat Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Living Area: 960
  • Stories: 17
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Canal, Ocean View, Pool Area View
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE ALEXANDER CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Elevator Secure, Secured Garage/Parking, Guard At Site, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 1807
  • Amenities: Bar, Business Center, Laundry, Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-019-0870
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6494

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,494 $330,347 -- --
2023 $6,494 $300,316 $0 $0
2022 $5,506 $273,015 $0 $0
2021 $4,792 $248,196 $0 $0
2020 $5,587 $288,600 $0 $0
2019 $7,525 $388,300 $0 $0
2018 $7,250 $388,300 $0 $0
2017 $6,998 $349,132 $0 $0
2016 $7,594 $390,965 $0 $0
2015 $7,817 $381,260 $0 $0
2014 $7,042 $346,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Price Changed $500,000 -9.1% $521 / Sq Ft
01/21/2025 01/21/25 Price Changed $550,000 -8.3% $573 / Sq Ft
05/28/2024 05/28/24 For Sale $600,000 0.0% $625 / Sq Ft
06/13/2022 06/13/22 Rented $4,000 0.0% --
05/13/2022 05/13/22 Under Contract -- -- --
04/21/2022 04/21/22 For Rent $4,000 0.0% --
05/03/2013 05/03/13 Sold $380,000 -11.4% $396 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $429,000 0.0% $447 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $429,000 -- $447 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $380,000 Attorney
Quit Claim Deed $185,000 --
Personal Reps Deed $100 --
Warranty Deed $180,000 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11591096

MIAMI REALTORS® MLS

APN: 02-3214-019-0870