$290,918 - $350,000
RENTED MAY 1, 2025

Islander Condominium 1255 Collins Ave Unit 501 Miami Beach, FL 33139

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

Highlights

  • In Ground Pool
  • 1 Car Garage
  • 5-minute walk to Lummus Park
  • No HOA

About This Home

As of May 2025

Bright and airy 1-bedroom, 1-bathroom unfurnished condo for rent in South Beach, Miami, featuring an open-concept layout with sleek tile flooring throughout. The modern kitchen includes marble countertops and amplecabinetry, ideal for cooking and entertaining. Relax on your private balcony and a stunning rooftop pool, or takeadvantage of the large walk-in closet for plenty of storage. This condo comes with a rare dedicated parking spotand access to the building’s pool, perfect for enjoying the Miami sun. Located steps from the beach, you’ll be in the heart of South Beach’s vibrant scene with dining, nightlife, and more at your doorstep.

Last Agent to Rent the Property

Joel Rodriguez

Global Investments Realty License #0545697 Listed on: 04/07/2025

Co-Listed By

Michael McCourt

Global Investments Realty License #3627878

Last Renter's Agent

Michael McCourt

Global Investments Realty License #3627878

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,505

Year Built

  • Built in 1965

Parking

  • 1 Car Garage

Home Design

  • 626 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool

Listing and Financial Details

  • Property Available on 4/7/25
  • Assessor Parcel Number 02-32-34-055-0230

Community Details

Overview

  • No Home Owners Association
  • Islander Condo Apts Condos
  • Islander Condo Apts Subdivision
  • 10-Story Property

Pet Policy

  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,505

Year Built

Built in 1965

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-04-07

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Co List Office Mls Id: GLIN01
  • Co List Office Phone: 305-635-3005
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 10
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: ISLANDER CONDO APTS
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 10

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 626
  • Stories: 10

Exterior Features

  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ISLANDER CONDO APTS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-34-055-0230
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 1999
Sold by
Clerk Of The Court
Bought by
Xana'S Inv Corp
Current Estimated Value
$327,230

Purchase Details

Closed on
May 8, 1997
Sold by
Guardian Hector Vega and Minor Vanessa Vega
Bought by
Vega Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Xana'S Inv Corp $63,000 --
Vega Hector $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vega Hector $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Rented $1,975 0.0% --
04/07/2025 04/07/25 For Rent $1,975 +41.1% --
03/01/2016 03/01/16 Rented $1,400 0.0% --
02/29/2016 02/29/16 Under Contract -- -- --
02/23/2016 02/23/16 For Rent $1,400 0.0% --
02/20/2015 02/20/15 Rented $1,400 0.0% --
02/20/2015 02/20/15 For Rent $1,400 -- --
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 $4,505 $252,890 -- --
2024 $4,051 $229,900 -- --
2023 $4,051 $209,000 $0 $0
2022 $3,570 $190,000 $0 $0
2021 $3,871 $197,230 $0 $0
2020 $3,471 $179,300 $0 $0
2019 $3,899 $229,900 $0 $0
2018 $3,527 $223,233 $0 $0
2017 $3,256 $152,427 $0 $0
2016 $2,992 $138,570 $0 $0
2015 $2,676 $125,973 $0 $0
2014 $2,451 $114,521 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joel Rodriguez

    Landlord's Agent in 2025

    Joel Rodriguez

    Global Investments Realty

    (305) 635-3005

    43 Total Sales

    Joel Rodriguez
    Section Image

  • M

    Landlord's Co-Listing Agent in 2025

    Michael McCourt

    Global Investments Realty

    (203) 947-6368

    1 Total Sale

    Michael McCourt
    Section Image
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About Islander Condominium

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11779060

MIAMI REALTORS® MLS

APN: 02-3234-055-0230

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1255 Collins Ave Unit 501, Miami Beach, FL

This home is located at 1255 Collins Ave Unit 501, Miami Beach, FL 33139 since 07 April 2025 and is currently priced at $327,230. This property was built in 1965. 1255 Collins Ave Unit 501 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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