NOT LISTED FOR SALE

Islander Condominium 1255 Collins Ave Unit 706 Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $315,035 - $367,000

1 Bed
1 Bath
626 Sq Ft
$435/mo HOA Fee

Last Sold May 05, 2021

Last sale price $240,000 $383 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,620/month

6 Days on Market

Highlights

  • Ocean View
  • Community Pool
  • Balcony
  • Fitness Center
  • Elevator
  • 5-minute walk to Lummus Park

About This Home

As of May 2021

Are you dreaming about ocean views from your living room? You’re going to love this open floor plan condo in the Islander Building! A diamond in the rough, awaiting your personal touches. Only half a block from Miami Beach's famed Art Deco District on the corner of 13th & Collins, walking distance to Lincoln Road, and around the corner from the beach, this location is amazing. Rooftop pool with 360 degree views, one gated/assigned parking space, secured entry, new gym, rooftop infinity pool. Building allows 90 day rentals.

Last Agent to Sell the Property

Lynley Ciorobea

Real Broker LLC License #3206267 Listed on: 04/06/2021

Real Broker LLC

Last Buyer's Agent

Gabriela Quijia

Miami Dreams Realty Inc. License #3399014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,549

Year Built

  • Built in 1965

HOA Fees

  • $435 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 626 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Sliding Windows
  • Tile Flooring

Kitchen

  • Electric Range
  • Snack Bar or Counter

Bedrooms and Bathrooms

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

Home Security

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-055-0440

Community Details

Overview

  • 64 Units
  • Mid-Rise Condominium
  • Islander Condo Apts Condos
  • Islander Condo Apts,Islander Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 10-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Lobby

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Card or Code Access
  • Phone Entry
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,549

Year Built

Built in 1965

Lot Details

0

HOA Fees

$435 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ISLANDER CONDO APTS,ISLANDER
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 626
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Window Features: Sliding
  • Bedroom Features: Entry Level, Studio
  • Dining Room Features: Other, Snack Bar/Counter
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View, Skyline
  • Exterior Features: Other, Open Balcony
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • 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, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Complex Fenced, Card Entry, Phone Entry

Condo/Co-op/Association

  • Association Fee: 435
  • Amenities: Laundry, Elevator(s), Exercise Room, Pool
  • 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: Nautilus

Lot Info

  • Parcel Number: 02-32-34-055-0440
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 435
  • Number Of Units In Community: 64

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3549

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 3, 2021
Sold by
Bailey Teresa
Bought by
Irastorza Mikel
Seller's Agent
Lynley Ciorobea
Real Broker LLC
Buyer's Agent
Gabriela Quijia
Miami Dreams Realty Inc.
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$338,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,509
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Teresa Bailey P R
Bought by
Bailey Teresa

Purchase Details

Closed on
May 10, 1996
Sold by
Pr Theresa Bailey
Bought by
Bailey Theresa
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 Buyer Sale Price Title Company
Irastorza Mikel $240,000 Attorney
Bailey Teresa $100 --
Bailey Theresa $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $240,000 -4.0% $383 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $250,000 -- $399 / 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 $4,579 $252,890 -- --
2024 $4,051 $229,900 -- --
2023 $4,051 $209,000 $0 $0
2022 $3,570 $190,000 $0 $0
2021 $3,957 $201,630 $0 $0
2020 $3,549 $183,300 $0 $0
2019 $3,985 $235,000 $0 $0
2018 $3,604 $228,110 $0 $0
2017 $3,327 $155,749 $0 $0
2016 $3,057 $141,590 $0 $0
2015 $2,735 $128,719 $0 $0
2014 $2,505 $117,018 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynley Ciorobea

    Seller's Agent in 2021

    Lynley Ciorobea

    Real Broker LLC

    (305) 968-6505

    1 in this area

    113 Total Sales

    Lynley Ciorobea
    Section Image

  • G

    Buyer's Agent in 2021

    Gabriela Quijia

    Miami Dreams Realty Inc.

    (786) 508-5192

    1 in this area

    7 Total Sales

    Gabriela Quijia
    Section Image
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About Islander Condominium

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11023903

MIAMI REALTORS® MLS

APN: 02-3234-055-0440

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1255 Collins Ave Unit 706, Miami Beach, FL

This home is located at 1255 Collins Ave Unit 706, Miami Beach, FL 33139 since 06 April 2021 and is currently estimated at $338,509, approximately $540 per square foot. This property was built in 1965. 1255 Collins Ave Unit 706 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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