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5875 Collins Ave Unit 1606, Miami Beach, FL, 33140

$1,220,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
833 SqFt
$1,465/SqFt
Condo
Schools Nearby

Location

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5875 Collins Ave Unit 1606, Miami Beach$1,220,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage1 space
Year Built2008
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Ocean Front
ViewIntracoastal, Ocean
MLS #RX-10973347
StatusActive

About 5875 Collins Ave Unit 1606

Exquisite Oceanfront Condominium of Unrivaled Luxury, boasting direct beach access along Miami Beach's illustrious Millionaire's Road. This opulent residence is exquisitely furnished by a skilled decorator, featuring a tasteful ensemble of Modern Italian Leather furnishings. The lavish interior encompasses a sumptuous king-size bed with elegant nightstands, a commodious luxury queen size sofa bed, a cutting-edge 75'' QLED Smart Samsung TV, and an avant-garde Dining Round Table designed by Karim Rashid for Bo Concept, surrounded by six Limited Edition chairs. Step onto the balcony adorned with sleek Bo Concept outdoor furniture, where you can bask in the awe-inspiring vistas of the boundless ocean and the Miami skyline from the expansive terrace.

Property Details

Property Features

Property Information:

  • Year Built: 2008
  • Stories: 22
  • Living Area: 833 SqFt

Listing Office:

  • Office Name: J&M Luxury Investments
  • Office Phone: (561) 389-7534
  • Listing Agent: Marla Garcia

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Flooring Type: Wood Floor
  • Interior: Built-in Shelves, Kitchen Island, Walk-in Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Ocean Access, Ocean Front
  • View: Intracoastal, Ocean
  • Exterior: Covered Balcony

Parking Information:

  • Garage Space: 1 space

Virtual/3D Tour

  • Virtual Tour: 5875 Collins Ave Unit 1606

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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

Other

Directions Information:

  • Directions: Ocean side of Millionaires Row

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,220,000
  • Price Per SqFt: $1,465/SqFt

HOA Fees:

  • Amount: $1722
  • 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

5875 Collins Ave Unit 1606 vs Miami Beach

30 DAYS ON ROCKET

-55 Days

$1,220,000

+$650.2K More

$1,465/SqFt

+$891 More

KEY TAKEAWAY

This property is $650.2K more than the Median Sold Price and $891/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10973347

Listing Office:

  • Office Name: J&M Luxury Investments
  • Office Phone: (561) 389-7534
  • Listing Agent: Marla Garcia

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 11:25:17 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

$7,878

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,724

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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-3661105
9
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.97 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3661106
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 1.95 miles

  • Public District Grades 6-8

High School

school-card-donut-3661107
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 3.01 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,400. The most common annual income of people living in Miami Beach, FL is between $35k-100k. Residents typically live in single, no kids family. 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 5875 Collins Ave Unit 1606

What is the listing price of this property?

The listing price of 5875 Collins Ave Unit 1606 property is $1,220,000.

What type of property is this?

The property 5875 Collins Ave Unit 1606 is a condo located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5875 Collins Ave Unit 1606 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5875 Collins Ave Unit 1606 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 5875 Collins Ave Unit 1606 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5875 Collins Ave Unit 1606 is 833 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5875 Collins Ave Unit 1606 is 2008.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33140›5875 Collins Ave Unit 1606

This home is located at 5875 Collins Ave Unit 1606 in Miami Beach, FL and zip code 33140 in the Ocean Front neighborhood. This 833 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 30, 2024 and is currently priced at $1,220,000.

While more than 6 listings in Miami Beach, FL in March 2024 were sold above asking price, there were more than 12 listings sold at asking price, and 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%. 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.

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