$300,000
SOLD JUN 18, 2019

Islander Condominium 1255 Collins Ave Unit 404 Miami Beach, FL 33139

Lummus Park Neighborhood
1 Bed
1 Bath
570 Sq Ft
1965 Built

Recently Sold

$526 Per Sq Ft

5% Below List Price

144 Days on Market

Highlights

  • Fitness Center
  • End Unit
  • Community Pool
  • Marble Flooring
  • Furnished
  • 5-minute walk to Lummus Park

About This Home

As of June 2019

Stunning renovation with no expense spared in this fully furnished 1-bedroom condo half a block from the beach! Finishes include stainless steel appliances, quartz countertops, Carrera marble floors throughout, and California walk-in closet. Enjoy the rooftop pool with fabulous views, new gym, new lobby, new high capacity generator, & 1 assigned gated parking space. A short distance to world famous Ocean Drive, Lincoln Road, shopping, and dining. Pets allowed. Private financing available w/substantial deposit.

Last Agent to Sell the Property

Therese Drakeley-Smith

BHHS EWM Realty License #0671321 Listed on: 11/13/2018

BHHS EWM Realty

Last Buyer's Agent

Therese Drakeley-Smith

BHHS EWM Realty License #0671321 Listed on: 11/13/2018

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,552

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • End Unit
  • Northwest Facing Home

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 570 Sq Ft Home
  • Furnished
  • Drapes & Rods
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Marble Flooring
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Shower Only

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-055-0180

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Islander Condo Apts Condos
  • Islander Condo Apts Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 10-Story Property

Amenities

  • Trash Chute
  • Laundry Facilities
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $360

Security

  • Card or Code Access
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,552

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: The Islander is located on the southeast corner of the intersection at Collins Avenue and 13th Street.
  • Entry Level: 4
  • 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: Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Closet Cabinetry, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble
  • Furnished: Furnished, Unfurnished
  • Living Area: 570
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Window Features: Blinds, Drapes, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: Other
  • Direction Faces: Northwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ISLANDER CONDO APTS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, No Rv/Boats

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced, Card Entry, Lobby Secured

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-055-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 360

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Martinez Mauricio and Martinez Yarelys
Bought by
Mtz-3-1255 Collins Ave 404 Llc
Current Estimated Value
$320,862

Purchase Details

Listed on
Nov 13, 2018
Closed on
Jun 12, 2019
Sold by
Kane Gary T
Bought by
Martinez Yarelys and Martinez Mauricio
Seller's Agent
Therese Drakeley-Smith
BHHS EWM Realty
Buyer's Agent
Therese Drakeley-Smith
BHHS EWM Realty
List Price
$314,900
Sold Price
$300,000
Premium/Discount to List
-$14,900
-4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%

Purchase Details

Listed on
May 8, 2015
Closed on
Dec 17, 2015
Sold by
Sabates Nery B
Bought by
Kane Gary T
Seller's Agent
Rodolfo Cires
Terramar Realty Associates Inc
Buyer's Agent
Rodolfo Cires
Terramar Realty Associates Inc
List Price
$249,500
Sold Price
$171,000
Premium/Discount to List
-$78,500
-31.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.42%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $300,000 Ewm Title
Warranty Deed $171,000 North American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Rented -- -- --
11/15/2021 11/15/21 Under Contract -- -- --
10/24/2021 10/24/21 For Rent $1,800 0.0% --
06/18/2019 06/18/19 Sold $300,000 -4.7% $526 / Sq Ft
05/17/2019 05/17/19 For Sale $314,900 0.0% $552 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
11/13/2018 11/13/18 For Sale $314,900 +84.2% $552 / Sq Ft
12/17/2015 12/17/15 Sold $171,000 -24.0% $300 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
07/10/2015 07/10/15 Price Changed $225,000 -9.8% $395 / Sq Ft
06/08/2015 06/08/15 Price Changed $249,500 0.0% $438 / Sq Ft
06/08/2015 06/08/15 For Sale $249,500 -0.2% $438 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $250,000 -- $439 / 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 $4,717 $251,045 -- --
2024 $3,945 $251,045 -- --
2023 $3,945 $203,500 $0 $0
2022 $3,476 $185,000 $0 $0
2021 $3,811 $194,150 $0 $0
2020 $3,417 $176,500 $0 $0
2019 $4,001 $207,600 $0 $0
2018 $3,552 $192,193 $0 $0
2017 $3,271 $170,082 $0 $0
2016 $3,003 $154,620 $0 $0
2015 $2,553 $128,850 $0 $0
2014 $708 $75,024 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alicia Arzalluz

    MMLS Assoc.-Inactive Member

    Section Image
  • Jisele Hernandez

    Buyer's Agent in 2021

    Jisele Hernandez

    Phantom Real Estate

    (786) 473-6775

    6 Total Sales

    Jisele Hernandez
    Section Image
  • Rodolfo Cires

    Seller's Agent in 2015

    Rodolfo Cires

    Terramar Realty Associates Inc

    (786) 295-4656

    23 Total Sales

    Rodolfo Cires
    Section Image
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About Islander Condominium

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10571139

MIAMI REALTORS® MLS

APN: 02-3234-055-0180

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1255 Collins Ave Unit 404, Miami Beach, FL

This home is located at 1255 Collins Ave Unit 404, Miami Beach, FL 33139 and is currently priced at $300,000, approximately $526 per square foot. This property was built in 1965. 1255 Collins Ave Unit 404 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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