NOT LISTED FOR SALE

1437 Collins Ave Unit 301 Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $295,000 - $483,000

-- Bed
1.5 Baths
500 Sq Ft
$1,148/mo HOA Fee

Last Sold February 06, 2023

Last sale price $315,000 $630 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,427/month

239 Days on Market

Highlights

  • Ocean View
  • Balcony
  • Central Heating and Cooling System
  • Furnished
  • Tile Flooring
  • 3-minute walk to Miami Beach Ocean Walk

About This Home

As of February 2023

A unique investment opportunity on the vibrant boulevards of Ocean Drive and Collins Avenue. The Z Ocean Hotel is an Art Deco, all-suite boutique hotel located next to the sand and sea of South Beach. This well-appointed studio features marble floors, a king size bed with a full size sofa bed, kitchenette with two mini refrigerators, a full bath with dual vanities and a spacious terrace overlooking the interior pool area. Enjoy the best nightlife, dining and entertainment that world famous Miami Beach has to offer while enjoying the accommodations made available at Z Ocean Hotel. Accommodations include beach service, valet, concierge, a full service restaurant and bar, gym and a heated glass bottom pool and spa.

Last Agent to Sell the Property

Taylor Richardson

The Corcoran Group License #3410028 Listed on: 05/09/2022

The Corcoran Group

Co-Listed By

Eloy Carmenate

The Corcoran Group License #3008688

Last Buyer's Agent

Giorgio Picinelli

SOBE International Realty License #3216822

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,650

Year Built

  • Built in 2006

HOA Fees

  • $1,148 Monthly HOA Fees

Property Views

  • Ocean
  • Pool

Home Design

  • Condo Hotel
  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 500 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Microwave

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-193-0020

Community Details

Overview

  • Z Ocean Condos
  • Z Ocean Subdivision
  • 5-Story Property

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,650

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,148 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Co List Office Mls Id: CSMG02
  • Co List Office Phone: 305-395-4982
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: Z Ocean
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 500
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View, Pool Area View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Z Ocean
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 1148
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-193-0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1148

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jan 31, 2023
Sold by
Ferafonov Alexander
Bought by
Madeincanarias Inc
Seller's Agent
Taylor Richardson
The Corcoran Group
Buyer's Agent
Giorgio Picinelli
SOBE International Realty
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Views
13
Current Estimated Value
$352,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,694
Avg. Annual Appreciation
5.52%

Purchase Details

Listed on
Jul 10, 2014
Closed on
Aug 22, 2014
Sold by
Mandelman Rafi and Benhamou Yossi
Bought by
Ferafonov Alexander
Seller's Agent
Eloy Carmenate
The Corcoran Group
Buyer's Agent
Eloy Carmenate
The Corcoran Group
List Price
$595,000
Sold Price
$468,000
Premium/Discount to List
-$127,000
-21.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.57%
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
Madeincanarias Inc $315,000 Clear Title
Ferafonov Alexander $468,000 Clear Title Group Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $315,000 -4.5% $630 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
09/11/2022 09/11/22 For Sale $330,000 0.0% $660 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $330,000 -29.5% $660 / Sq Ft
08/22/2014 08/22/14 Sold $468,000 -21.3% $936 / Sq Ft
07/26/2014 07/26/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $595,000 -- $1,190 / 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 $255,316 -- --
2024 $4,364 $255,316 -- --
2023 $4,364 $220,275 $0 $0
2022 $3,763 $200,250 $0 $0
2021 $4,344 $225,000 $0 $0
2020 $4,328 $225,000 $0 $0
2019 $4,360 $225,000 $0 $0
2018 $4,990 $287,500 $0 $0
2017 $5,218 $266,200 $0 $0
2016 $5,034 $242,000 $0 $0
2015 $4,359 $220,000 $0 $0
2014 $4,470 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11201075

MIAMI REALTORS® MLS

APN: 02-3234-193-0020