NOT LISTED FOR SALE

1418 Collins Ave Unit 502 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $298,125 - $345,000

1 Bed
1.5 Baths
669 Sq Ft
$800/mo HOA Fee

Last Sold May 15, 2023

Last sale price $290,000 $433 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,971/month

17 Days on Market

Highlights

  • Skyline View
  • Walk-In Closet
  • Central Heating and Cooling System
  • Balcony
  • Tile Flooring
  • 5-minute walk to Miami Beach Ocean Walk

About This Home

As of May 2023

South Beach "Pied de Terre" is ideally situated one block from Ocean Drive & the beach, one block from Espanola, and a short walk to Lincoln Road. This one bedroom, one and a half bathrooms, has everything for spending a long weekend on the beach. Tremendous investment opportunity as Owners are allowed to rent weekly for passive income. This unit needs updating and renovations, so bring your design ideas, as you have a blank slate to work with.
Don't miss out on this opportunity!

Last Agent to Sell the Property

Henry Paul

Brown Harris Stevens License #3086054 Listed on: 03/06/2023

Brown Harris Stevens

Last Buyer's Agent

Ibis Egozi

IE Real Estate P.A. License #3518869

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,476

Year Built

  • Built in 1981

HOA Fees

  • $800 Monthly HOA Fees

Property Views

  • Skyline
  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 669 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Jetted Tub and Shower Combination in Primary Bathroom

Schools

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

Additional Features

  • Balcony
  • East Facing Home
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-068-0090

Community Details

Overview

  • 21 Units
  • Mid-Rise Condominium
  • Collins View Condo
  • Collins View Condo Subdivision
  • 6-Story Property

Amenities

  • Secure Lobby

Pet Policy

  • Breed Restrictions

Security

  • Phone Entry
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,476

Year Built

Built in 1981

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Directions: Collins and 14th. Recommend using the public parking facility on 13th & Collins.
  • Entry Level: 5
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: COLLINS VIEW CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 669
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 6
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

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

Garage/Parking

  • Park Building Name: COLLINS VIEW CONDO
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Phone Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 800
  • Amenities: None
  • 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: 02-32-34-068-0090
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 21
  • Number Of Units Total: 21

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Estelle Jacque Delphine and Vargas Abadia Miguel
Bought by
Imperi Jv Ii Llc
Current Estimated Value
$320,781

Purchase Details

Listed on
Mar 6, 2023
Closed on
May 15, 2023
Sold by
Petronelli Italo
Bought by
Estelle Jacque Delphine and Vargas Abadia Miguel
Seller's Agent
Henry Paul
Brown Harris Stevens
Buyer's Agent
Ibis Egozi
IE Real Estate P.A.
List Price
$314,500
Sold Price
$290,000
Premium/Discount to List
-$24,500
-7.79%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$203,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2023
Closed on
May 11, 2023
Sold by
Petronelli Idilia
Bought by
Estelle Jacque Delphine and Vargas Abadia Miguel
Seller's Agent
Henry Paul
Brown Harris Stevens
Buyer's Agent
Ibis Egozi
IE Real Estate P.A.
List Price
$314,500
Sold Price
$290,000
Premium/Discount to List
-$24,500
-7.79%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2023
Closed on
May 8, 2023
Sold by
Morello Ines
Bought by
Estelle Jacque Delphine and Vargas Abadia Miguel
Seller's Agent
Henry Paul
Brown Harris Stevens
Buyer's Agent
Ibis Egozi
IE Real Estate P.A.
List Price
$314,500
Sold Price
$290,000
Premium/Discount to List
-$24,500
-7.79%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.43%
Mortgage Type
New Conventional
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
Imperi Jv Ii Llc -- None Listed On Document
Imperi Jv Ii Llc -- None Listed On Document
Estelle Jacque Delphine $290,000 None Listed On Document
Morello Paul J $290,000 None Listed On Document
Estelle Jacque Delphine $290,000 None Listed On Document
Estelle Jacque Delphine -- None Listed On Document
Estelle Jacque Delphine -- None Listed On Document
Estelle Jacque Delphine -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estelle Jacque Delphine $203,000
Previous Owner Estelle Jacque Delphine $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $290,000 -7.8% $433 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $314,500 -- $470 / 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 $4,798 $229,803 -- --
2024 $4,684 $255,337 -- --
2023 $4,684 $247,900 $0 $0
2022 $3,476 $70,042 $0 $0
2021 $321 $68,002 $0 $0
2020 $319 $67,064 $0 $0
2019 $309 $65,557 $0 $0
2018 $284 $64,335 $0 $0
2017 $286 $63,012 $0 $0
2016 $290 $61,716 $0 $0
2015 $298 $61,287 $0 $0
2014 $308 $60,801 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11352131

MIAMI REALTORS® MLS

APN: 02-3234-068-0090