4 months on rocket

5225 Collins Ave Unit 1514, Miami Beach, FL, 33140

$530,000

Home List Price

$6,294*

Closing Credit

2 Bedrooms
2 Full Baths
960 SqFt
$552/SqFt
Condo
Schools Nearby

Location

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5225 Collins Ave Unit 1514, Miami Beach$530,000

Buyer Closing Credits

$6,294*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, One Space, Valet
Garage1 space
Year Built1962
HeatingNone
CoolingCentral Air
WaterfrontOcean Access
ViewCanal, Ocean
MLS #A11502895
StatusActive

About 5225 Collins Ave Unit 1514

NO RENTAL RESTRICTIONS! The condo has been remodeled. 2 bedroom, 2 bathroom and 1 covered parking space. Building offers cleaning service, valet parking, concierge, playground area, business center, two swimming pools, two Jacuzzis, There is a gym equipped with a spa and a sauna. Maintenance fee includes water, electricity, air conditioning, internet, cable tv, beach chairs and umbrellas, pool towel, and much more. Special Assessment: 123 payments of $786.49 monthly beginning Feb 2022.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Living Area: 960 SqFt

Listing Office:

  • Office Name: BM2 Realty
  • Office Phone: (305) 933-8889
  • Listing Agent: Lucila Ursztein

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, Elevator, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access
  • View: Canal, Ocean
  • Exterior: Other

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, One Space, Valet

Virtual/3D Tour

  • Virtual Tour: 5225 Collins Ave Unit 1514

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Utilities

Utilities Information:

  • Heating: None
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • North Beach Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $530,000
  • Price Per SqFt: $552/SqFt

HOA Fees:

  • Amount: $1305
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$569.7K

Med. Price/SqFt

$574

Avg. Days On Market

85

# of Sold Homes

136

5225 Collins Ave Unit 1514 vs Miami Beach

127 DAYS ON ROCKET

+42 Days

$530,000

-$39.7K Less

$552/SqFt

-$22 Less

KEY TAKEAWAY

This property is $39.7K less than the Median Sold Price and $22/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11502895

Listing Office:

  • Office Name: BM2 Realty
  • Office Phone: (305) 933-8889
  • Listing Agent: Lucila Ursztein

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2024, 3:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$4,018

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-209316
9
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-209317
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 1.29 miles

  • Public District Grades 6-8

High School

school-card-donut-209318
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 2.27 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $115,625. Residents of Miami Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5225 Collins Ave Unit 1514

What is the listing price of this property?

The listing price of 5225 Collins Ave Unit 1514 property is $530,000.

What type of property is this?

The property 5225 Collins Ave Unit 1514 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5225 Collins Ave Unit 1514 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5225 Collins Ave Unit 1514 are:
North Beach Elementary School: GreatSchools Rating 9/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 5225 Collins Ave Unit 1514 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5225 Collins Ave Unit 1514 is 960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5225 Collins Ave Unit 1514 is 1962.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331405225 Collins Ave Unit 1514

This home is located at 5225 Collins Ave Unit 1514 in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 960 square foot home was built in 1962. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $530,000.

In March 2024, from all listings sold in Miami Beach, FL there were more than 6 sold above asking price, over 118 sold below and more than 12 were sold right at the asked price. The number of homes for sale in Miami Beach, FL increased by 8.6% between February 2024 and March 2024. Listings spent 85 days on the market in March 2024, and had a median list price of $569,797 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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