$495,000
$55K PRICE DROP

5225 Collins Ave Unit 1508 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated payment $5,117/month

Total Views 2,248
2 Beds
2 Baths
960 Sq Ft
$516 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Bar or Lounge
  • Clubhouse

About This Home

This beautiful 2/2 unit at the Alexander Hotel offers ocean and bay views, a furnished and spacious unit features a split plan layout. Owners have the option to enroll in the Hotel Rental Program to generate income while not using.The maintenance fee covers electricity, central AC, Wi-Fi, hot water & cable ensuring a comfortable and hassle-free stay. there is a special assessment that ends on August 2025. 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

  • $6,559

Year Built

  • Built in 1962

Lot Details

  • Ocean Front
  • Home fronts a canal

HOA Fees

  • $1,807 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Intracoastal
  • Canal

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 960 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-019-1010

Community Details

Overview

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

Amenities

  • Doorman
  • Clubhouse
  • Bar or Lounge
  • Laundry Facilities
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,559

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: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water 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, Disposal, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Custom Mirrors, Shabbat Elevator
  • Accessibility Features: Accessible
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Living Area: 960
  • Stories: 17
  • Bedroom Features: Entry Level

Exterior Features

  • View: Canal, Intracoastal View, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, 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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Card Entry, Fire Alarm, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1807
  • Amenities: Bar, Clubhouse-Clubroom, Laundry, Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-019-1010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6559

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 $6,559 $333,667 -- --
2023 $6,559 $303,334 $0 $0
2022 $5,561 $275,759 $0 $0
2021 $4,840 $250,690 $0 $0
2020 $5,643 $291,500 $0 $0
2019 $7,600 $392,200 $0 $0
2018 $7,334 $392,200 $0 $0
2017 $7,086 $353,491 $0 $0
2016 $7,174 $358,264 $0 $0
2015 $6,924 $325,695 $0 $0
2014 $6,230 $296,087 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Price Changed $495,000 -1.0% $516 / Sq Ft
01/21/2025 01/21/25 Price Changed $500,000 0.0% $521 / Sq Ft
11/06/2024 11/06/24 Price Changed $4,500 0.0% $5 / Sq Ft
10/21/2024 10/21/24 For Sale $550,000 0.0% $573 / Sq Ft
08/21/2024 08/21/24 For Rent $5,000 0.0% --
07/31/2024 07/31/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $550,000 0.0% $573 / Sq Ft
09/01/2022 09/01/22 Rented $4,200 -16.0% --
08/09/2022 08/09/22 For Rent $5,000 0.0% --
12/05/2016 12/05/16 Sold $447,500 -10.5% $466 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $499,900 -- $521 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $447,500 Attorney
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11588779

MIAMI REALTORS® MLS

APN: 02-3214-019-1010