$350,000
SOLD DEC 18, 2015

1437 Collins Ave Unit 327 Miami Beach, FL 33139

Lummus Park Neighborhood
-- Bed
1 Bath
500 Sq Ft
$980/mo HOA Fee

Recently Sold

$700 Per Sq Ft

25% Below List Price

257 Days on Market

Highlights

  • Doorman
  • Private Guards
  • Waterfront
  • Property has ocean access
  • Newly Remodeled
  • 3-minute walk to Miami Beach Ocean Walk

About This Home

As of December 2015

Income producing designer finished condo hotel unit with gorgeous pool view in the hip Z Hotel. High occupancy rate offers generous rental income through the hotel rental program. Amenities include pool, restaurant, Fitness Center and Spa, In Room Dining , Business Center and more. Situated on Ocean Drive offering direct access to beach, restaurants and all of South Beach nightlife. Hotel situated not only on ocean drive, but also Collins avenue and Espanola.

Last Agent to Sell the Property

Joelle Oiknine

One Sotheby's International Realty License #3046848 Listed on: 03/17/2015

Co-Listed By

Zaida Navarrete Dudash

Douglas Elliman License #3121209

Last Buyer's Agent

Luis Felipe Vieira De Souza

Compass Florida, LLC License #3018695

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,469

Year Built

  • Built in 2006 | Newly Remodeled

Lot Details

  • Waterfront
  • South Facing Home

HOA Fees

  • $980 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 500 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Marble Flooring
  • Pool Views

Kitchen

  • Electric Range
  • Dishwasher

Parking

  • 1 Car Parking Space
  • Assigned Parking

Outdoor Features

  • Property has ocean access

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-193-0790

Community Details

Overview

  • 80 Units
  • Z Hotel Condos
  • Z Hotel Subdivision

Amenities

  • Doorman
  • Valet Parking

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Private Guards
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,469

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

HOA Fees

$980 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Efficiency, Condo
  • Subdivision Name: Z Hotel
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Interior Amenities: First Floor Entry, Built-in Features
  • Full Bathrooms: 1
  • Flooring: Marble
  • Furnished: Furnished, Unfurnished
  • Living Area: 500
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Bedroom Features: Other

Exterior Features

  • View: Pool Area View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Z Hotel
  • Parking Features: 1 Space, Assigned, Valet

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Private Guards

Condo/Co-op/Association

  • Association Fee: 980
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-193-0790
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 80
  • Number Of Units Total: 80

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4469

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2015
Closed on
Dec 15, 2015
Sold by
Z 327- Inc
Bought by
Z Ocean 327 Llc
Seller's Agent
Joelle Oiknine
One Sotheby's International Realty
Buyer's Agent
Luis Felipe Vieira De Souza
Compass Florida, LLC
List Price
$469,000
Sold Price
$350,000
Premium/Discount to List
-$119,000
-25.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.94%

Purchase Details

Closed on
Feb 25, 2010
Sold by
Perlow Jason A
Bought by
Z & 327 Inc
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 Type Sale Price Title Company
Deed $350,000 --
Warranty Deed $259,100 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 Price Changed $325,000 0.0% $650 / Sq Ft
09/20/2024 09/20/24 For Rent $4,000 0.0% --
05/24/2024 05/24/24 For Sale $350,000 0.0% $700 / Sq Ft
12/18/2015 12/18/15 Sold $350,000 -5.1% $700 / Sq Ft
09/30/2015 09/30/15 Price Changed $369,000 -7.6% $738 / Sq Ft
06/30/2015 06/30/15 Price Changed $399,500 -11.0% $799 / Sq Ft
06/11/2015 06/11/15 Price Changed $449,000 -1.1% $898 / Sq Ft
05/20/2015 05/20/15 Price Changed $454,000 -1.1% $908 / Sq Ft
04/15/2015 04/15/15 Price Changed $459,000 +10.6% $918 / Sq Ft
04/14/2015 04/14/15 Price Changed $415,000 -11.5% $830 / Sq Ft
03/17/2015 03/17/15 For Sale $469,000 -- $938 / 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 $4,639 $255,316 -- --
2024 $4,364 $242,302 -- --
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 $4,773 $275,000 $0 $0
2017 $5,237 $275,000 $0 $0
2016 $5,342 $275,000 $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: A2087898

MIAMI REALTORS® MLS

APN: 02-3234-193-0790