11 months on rocket

5225 Collins Ave Unit 515, Miami Beach, FL, 33140

$620,000

Home List Price

$7,363*

Closing Credit

2 Bedrooms
2 Full Baths
960 SqFt
$646/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5225 Collins Ave Unit 515, Miami Beach$620,000

Buyer Closing Credits

$7,363*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeStock Cooperative
ParkingGuest, One Space, Valet
Garage1 space
Year Built1962
HeatingCentral
CoolingCentral Air
WaterfrontWater Access, Ocean Front
ViewOther
MLS #A11383037
StatusActive

About 5225 Collins Ave Unit 515

Beautiful 2/2right on Miami Beach .When you think of luxury living in Miami Beach, the one place that comes to mind is Millionaire's Row. The glamour of the past returns to shine on the future of The Alexander. The Condo Hotel is completely renovated, which includes: new impact doors and windows, two pools, a lounge, and much more. A full-service resort-style condo-hotel with no rental restrictions. Near the Miami Design District, the Miami Beach Golf Club, South Beach, and Bal Harbour Shops and Restaurants. The Resort features 2 outdoor pools, 2 restaurants, 10 meeting rooms with 12,000 square feet of event space, and Beach Access.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1962
  • Living Area: 960 SqFt

Listing Office:

  • Office Name: CasaMagna Realty LLC
  • Office Phone: (954) 659-1709
  • Listing Agent: Fabiola Castro

Interior Features

Interior Information:

  • Appliances: Dryer, Disposal, Microwave
  • Flooring Type: Other
  • Interior: Elevator, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Ocean Front
  • View: Other
  • Exterior: Balcony

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 5225 Collins Ave Unit 515

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • 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: $620,000
  • Price Per SqFt: $646/SqFt

HOA Fees:

  • Amount: $1480
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Miami Beach, FL

City

Med. Sold Price

$569.7K

Med. Price/SqFt

$574

Avg. Days On Market

85

# of Sold Homes

136

5225 Collins Ave Unit 515 vs Miami Beach

354 DAYS ON ROCKET

+269 Days

$620,000

+$50.2K More

$646/SqFt

+$72 More

KEY TAKEAWAY

This property is $50.2K more than the Median Sold Price and $72/SqFt more 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: #A11383037

Listing Office:

  • Office Name: CasaMagna Realty LLC
  • Office Phone: (954) 659-1709
  • Listing Agent: Fabiola Castro

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: 4/29/2024, 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.

Payment Calculator

$4,642

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,925

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-2834006
9
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2834007
5
/10

  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 1.29 miles

  • Public District Grades 6-8

High School

school-card-donut-2834008
5
/10

  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 2.27 miles

  • Public District Grades 9-12

All data from GreatSchools

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. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5225 Collins Ave Unit 515

What is the listing price of this property?

The listing price of 5225 Collins Ave Unit 515 property is $620,000.

What type of property is this?

The property 5225 Collins Ave Unit 515 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5225 Collins Ave Unit 515 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 515 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 515 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5225 Collins Ave Unit 515 is 960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5225 Collins Ave Unit 515 is 1962.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33140›5225 Collins Ave Unit 515

This home is located at 5225 Collins Ave Unit 515 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 May 10, 2023 and is currently priced at $620,000.

In March 2024 more than 6 listings in Miami Beach, FL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 118 were sold below. Between February 2024 and March 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 8.6%. The median list price of listings available in March 2024 was $569,797, while the average time on the real estate market was 85 days.

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

More Resources