5 months on rocket

5225 Collins Ave Unit 714, Miami Beach, FL, 33140

$599,000

Home List Price

$7,113*

Closing Credit

2 Bedrooms
2 Full Baths
960 SqFt
$624/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5225 Collins Ave Unit 714, Miami Beach$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Garage, One Space, Valet
Attached Garage1 space
Year Built1962
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Ocean Front
ViewCanal, Ocean, Water
MLS #A11485117
StatusActive

About 5225 Collins Ave Unit 714

OCEANFRONT DREAM CONDO. Incredible as your Miami Beach home or as your cash cow investment property, or both! Incredible flexibility w short term daily rentals & Airbnb permitted. Rent on your own or use the hotel rental program. The condo is immaculate. 5-star renovation sporting Italian porcelain floors throughout, impact windows & doors, a wide open kitchen with a great breakfast bar, a spectacular walk-in closet and an enormous, lavish master bath. The balcony is fantastic w ocean views to the East & canal views to the West. The Alexander is remarkable sporting every amenity imaginable. Direct beach access from the resort lagoon pool & hot tub decks, a full-service restaurant & event space, 24/7 doorman, security & valet, a sparkling fitness center and coffee & breakfast in the lobby.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Howard Chase Real Estate, LLC
  • Office Phone: (305) 532-7470
  • Listing Agent: Howard Chase

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Built-in Features, Bedroom on Main Level, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Living/Dining Room, Walk-In Closet(s), Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access, Ocean Front
  • View: Canal, Ocean, Water
  • Exterior: Security/High Impact Doors

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 5225 Collins Ave Unit 714

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: $599,000
  • Price Per SqFt: $624/SqFt

HOA Fees:

  • Amount: $1477
  • 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 714 vs Miami Beach

166 DAYS ON ROCKET

+81 Days

$599,000

+$29.2K More

$624/SqFt

+$50 More

KEY TAKEAWAY

This property is $29.2K more than the Median Sold Price and $50/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: #A11485117

Listing Office:

  • Office Name: Howard Chase Real Estate, LLC
  • Office Phone: (305) 532-7470
  • Listing Agent: Howard Chase

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: 4/28/2024, 8:25:14 PM 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

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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-2599720
9
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2599721
5
/10

  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 1.29 miles

  • Public District Grades 6-8

High School

school-card-donut-2599722
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. The majority of Miami Beach, FL residents have income between $35k-100k annually. Typical family type is 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 714

What is the listing price of this property?

The listing price of 5225 Collins Ave Unit 714 property is $599,000.

What type of property is this?

The property 5225 Collins Ave Unit 714 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5225 Collins Ave Unit 714 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 714 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 714 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5225 Collins Ave Unit 714 is 960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5225 Collins Ave Unit 714 is 1962.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33140›5225 Collins Ave Unit 714

This home is located at 5225 Collins Ave Unit 714 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 November 15, 2023 and is currently priced at $599,000.

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. The number of homes for sale in Miami Beach, FL increased by 8.6% between February 2024 and March 2024. While the average time on the market in March 2024 was 85 days, the median list price was $569,797.

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

More Resources