Discover the epitome of South Beach living in this exquisite 2 Bed/2 Bath Art Deco condo, spanning over 1000 total sqft. You've heard of SOFI, well the NEW hottest neighborhood in SOBE is NOFI! Better value & quieter residential area. Revel in the spacious layout adorned with sleek tile floors. A south-facing balcony invites relaxation with sunrise & ocean views! Enjoy security and peace of mind with impact windows, gated access, and surveillance cameras throughout. RARE private & covered parking adds convenience to your daily routine. Just 2 minutes from the beach and iconic Ocean Drive, this residence offers the ultimate in beach living. On-site washer/dryer facilities streamline your lifestyle. For precise details, contact the listing agent. Low HOA and NO ASSESSMENTS!! Come and get it!
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,324
Per Month
Principal & Interest
$2,371
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$886
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,491
Powered By
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
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school0.52 miles
Public District Grades PK-5
Middle School
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.69 miles
Public District Grades 6-8
High School
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school1.53 miles
Public District Grades 9-12
Assigned Schools
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school0.52 miles
Public District Grades PK-5
Nearby Schools
5
/10
Fienberg/Fisher K-8 Center
1420 Washington Ave
Distance between this listing and this school0.63 miles
Public District Grades PK-5
9
/10
North Beach Elementary School
4100 Prairie Ave
Distance between this listing and this school2.55 miles
Public District Grades PK-5
Assigned Schools
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.69 miles
Public District Grades 6-8
Nearby Schools
3
/10
Aspira Eugenio Maria De Hostos Youth Leadership Charter School
1 NE 19th St
Distance between this listing and this school4.06 miles
Public Charter Grades 6-8
4
/10
Theodore R. and Thelma A. Gibson Charter School
1698 And 1682 Nw 4th Ave
Distance between this listing and this school4.45 miles
Public Charter Grades PK-8
Assigned Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school1.53 miles
Public District Grades 9-12
Nearby Schools
10
/10
Mast Academy
3979 Rickenbacker Cswy
Distance between this listing and this school3.38 miles
Public Magnet Grades 8-12
10
/10
I Preparatory Academy
1500 Biscayne Blvd
Distance between this listing and this school3.70 miles
The neighbors living near this home have an average income of $23,558. The most common annual income of people living in Miami Beach, FL is less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 701 Collins Ave Unit 1F
What is the listing price of this property?
The listing price of 701 Collins Ave Unit 1F property is $475,000.
What type of property is this?
The property 701 Collins Ave Unit 1F is a condo located in Miami Beach, Florida, 33139.
Is this property for sale now?
Active Listing: 701 Collins Ave Unit 1F is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 701 Collins Ave Unit 1F are: South Pointe Elementary School: GreatSchools Rating 6/10Nautilus Middle School: GreatSchools Rating 5/10Miami Beach Senior High School: GreatSchools Rating 5/10
How many bedrooms and bathrooms does this property have?
The property at 701 Collins Ave Unit 1F has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 701 Collins Ave Unit 1F is 940 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 701 Collins Ave Unit 1F is 1966.
This home is located at 701 Collins Ave Unit 1F in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 940 square foot home was built in 1966. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $475,000.
Over 8 listings were sold over their listed price in April 2024 in Miami Beach, FL. In the same period over 140 listings were sold below the listed price and 15 listings were sold for the listed price. The inventory of homes for sale in Miami Beach, FL between March 2024 and April 2024 increased by 5.8%. In April 2024 median list price was $590,290 and the average listing age was 89 days.
From Rocket Homes Real Estate and based on county public records data.