NOT LISTED FOR SALE

5225 Collins Ave Unit 817 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $541,894 - $601,000

3 Beds
2 Baths
960 Sq Ft
$603/Sq Ft Est. Value

Last Sold December 03, 2024

Last sale price $591,000 $616 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,554/month

About This Home

As of December 2024

Discover this rare opportunity to own a modern 3-bedroom, 2-bathroom apartment on the coveted south side of the building, offering sun all day and breathtaking ocean and city views from your private balcony. This exceptional unit features a full kitchen, in-unit washer and dryer, and sleek contemporary finishes throughout. Enjoy a variety of amenities, including a fitness center, restaurant, coffee shop, and 2 pools. Perfect for Airbnb and short-term rentals, with no restrictions. Renovation assessment in place, inquire. Don't miss out on this unique investment or personal retreat!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Dec 2, 2024
Sold by
Weinreb Sarah Judith
Bought by
Beach Resort Suites Llc
Seller's Agent
Evan Honigsfeld
Voro Florida, LLC.
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$629,000
Sold Price
$591,000
Premium/Discount to List
-$38,000
-6.04%
Views
39
Current Estimated Value
$578,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,026
Avg. Annual Appreciation
-5.13%
Original Mortgage
$590,000
Outstanding Balance
$588,939
Interest Rate
6.54%
Mortgage Type
Seller Take Back
Estimated Equity
-$9,965

Purchase Details

Closed on
Aug 24, 2016
Sold by
Bechor Isac and Bechor Issac
Bought by
Weinreb Sarah Judith

Purchase Details

Closed on
Mar 23, 2012
Sold by
Behor Isac and Behor Nancy
Bought by
Behor Isac

Purchase Details

Closed on
May 10, 1999
Sold by
David and Hirschfeld Denise
Bought by
Bechor Issac and Bechor Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1995
Sold by
Shub Morris R and Grossbart Lisa Shub
Bought by
Hirschfeld David and Hirschfeld Denise

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Beach Resort Suites Llc $591,000 Rte Title
Weinreb Sarah Judith $425,000 Rte Title Company
Behor Isac -- None Available
Bechor Issac $173,500 --
Hirschfeld David $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beach Resort Suites Llc $590,000
Previous Owner Bechor Issac $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $591,000 -6.0% $616 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
06/30/2024 06/30/24 For Sale $629,000 -- $655 / 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 $6,179 $314,322 -- --
2023 $6,179 $285,748 $0 $0
2022 $5,239 $259,771 $0 $0
2021 $4,560 $236,156 $0 $0
2020 $5,316 $274,600 $0 $0
2019 $6,490 $334,900 $0 $0
2018 $6,298 $334,900 $0 $0
2017 $6,524 $325,486 $0 $0
2016 $5,673 $332,638 $0 $0
2015 $6,211 $353,870 $0 $0
2014 $5,688 $270,314 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Evan Honigsfeld

    Voro Florida, LLC.

    (305) 405-0615

    7 in this area

    7 Total Sales

    Evan Honigsfeld
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MLS MEMBER

    MAR NON MLS MEMBER

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Map

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5225 Collins Ave Unit 817, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 5225 Collins Ave Unit 817, Miami Beach, FL 33140 and is currently estimated at $578,974, approximately $603 per square foot. 5225 Collins Ave Unit 817 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.