NOT LISTED FOR SALE

Islander Condominium 1255 Collins Ave Unit 207 Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $303,765 - $346,000

1 Bed
1 Bath
580 Sq Ft
$602/mo HOA Fee

Last Sold May 24, 2023

Last sale price $290,000 $500 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,777/month

77 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Cooling Available
  • Intercom to Front Desk
  • Balcony
  • 5-minute walk to Lummus Park

About This Home

As of May 2023

Ultimate SouthBeach experience with this oversized studio apartment located steps away from the pristine Atlantic Ocean. This hidden gem is the best deal on the market. This boutique building boasts a rooftop pool, lounge area with breathtaking views of the ocean, perfect for relaxing and soaking up the sun.
Studio features a spacious balcony, providing the perfect place for your morning coffee or evening glass of wine. Despite its prime location, this handyman special is priced to sell, giving you the opportunity to personalize it to your own style and taste.

Prime shopping, dining, and nightlife just around the corner. You'll never run out of things to do in this dynamic, vibrant community. A must-see. Don't miss out on this incredible opportunity to own a piece of South Beach.

Last Agent to Sell the Property

Cecilia Gonzalez

MMLS Assoc.-Inactive Member License #3523300 Listed on: 02/13/2023

MMLS Assoc.-Inactive Member

Co-Listed By

Tania Ortega

Global Vanguard International, LLC. License #3240865

Last Buyer's Agent

Madison Clivilles

Luxe Properties License #3560016

Luxe Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 1965

HOA Fees

  • $602 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 580 Sq Ft Home
  • Family or Dining Combination
  • Video Cameras
  • Electric Range
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Feinberg-Fisher K8 Elementary And Middle School
  • Miami Beach High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • North Facing Home
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-055-0050

Community Details

Overview

  • 66 Units
  • Mid-Rise Condominium
  • The Islander Condos
  • Islander Condo Apts Subdivision
  • 10-Story Property

Amenities

  • Trash Chute
  • Laundry Facilities
  • Intercom to Front Desk
  • Lobby
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Card or Code Access
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,570

Year Built

Built in 1965

Lot Details

0

HOA Fees

$602 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Co List Office Mls Id: COMP11
  • Co List Office Phone: 786-292-0205
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLANDER CONDO APTS
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Lobby, Elevator, Studio Apartment
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 580
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Bedroom Features: Studio
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Studio Apartment
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Islander
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Limited # Of Vehicle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced, Card Entry, Intercom In Lobby, TV Camera

Condo/Co-op/Association

  • Association Fee: 602
  • Amenities: Laundry, Elevator(s), Exercise Room, Exterior Lighting, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Feinberg-Fisher K8

Lot Info

  • Parcel Number: 02-32-34-055-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 602
  • Number Of Units In Community: 66

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
May 24, 2023
Sold by
807 Investment Corp
Bought by
Davis Wendy
Seller's Agent
Cecilia Gonzalez
MMLS Assoc.-Inactive Member
Buyer's Agent
Madison Clivilles
Luxe Properties
List Price
$290,000
Sold Price
$290,000
Views
362
Current Estimated Value
$326,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,441
Avg. Annual Appreciation
7.46%
Original Mortgage
$257,400
Outstanding Balance
$251,108
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$88,593

Purchase Details

Closed on
Feb 9, 1994
Sold by
Alvarez Michael
Bought by
807 Inv Corp

Purchase Details

Closed on
Sep 13, 1993
Sold by
Alvarez Michael and Alvarez Ana Margarita
Bought by
Alvarez Michael
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davis Wendy $290,000 Title Services Corporation
807 Inv Corp $55,000 --
Alvarez Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Wendy $257,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $290,000 0.0% $500 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $290,000 -- $500 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,466 $237,652 -- --
2024 $4,051 $237,652 -- --
2023 $4,051 $209,000 $0 $0
2022 $3,570 $190,000 $0 $0
2021 $3,702 $187,688 $0 $0
2020 $3,319 $172,900 $0 $0
2019 $3,351 $203,400 $0 $0
2018 $3,072 $203,393 $0 $0
2017 $2,838 $128,195 $0 $0
2016 $2,609 $116,541 $0 $0
2015 $2,251 $105,947 $0 $0
2014 $2,062 $96,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cecilia Gonzalez

    MMLS Assoc.-Inactive Member

    Section Image
  • Tania Ortega

    Seller Co-Listing Agent in 2023

    Tania Ortega

    Global Vanguard International, LLC.

    (786) 383-3750

    1 in this area

    23 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Madison Clivilles

    Luxe Properties

    (917) 664-7617

    1 in this area

    19 Total Sales

    Section Image
See All Agents

About Islander Condominium

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11341290

MIAMI REALTORS® MLS

APN: 02-3234-055-0050

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1255 Collins Ave Unit 207, Miami Beach, FL

This home is located at 1255 Collins Ave Unit 207, Miami Beach, FL 33139 since 13 February 2023 and is currently estimated at $326,441, approximately $562 per square foot. This property was built in 1965. 1255 Collins Ave Unit 207 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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