NOT LISTED FOR SALE

240 Collins Ave Unit 2D Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $326,902 - $560,000

1 Bed
1 Bath
665 Sq Ft
$415/mo HOA Fee

Last Sold January 11, 2019

Last sale price $263,500 $396 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,933/month

240 Days on Market

Highlights

  • Garden View
  • Balcony
  • Tile Flooring
  • South Pointe Elementary School Rated A-
  • Video Cameras
  • 1-minute walk to Washington Dog Park & Annex

About This Home

As of January 2019

Best deal south of fifth. Pied-a-terre steps away from world famous South Beach and nestled in the prestigious South Of Fifth neighborhood. Well maintained unit with green space garden and palm tree views. Brand new A/C unit. Tile flooring throughout. Kitchen equipped with gas stove top. Move in ready or renovate. Terrace View is a very well maintained and secure building with a brand new roof, covered parking and on-site laundry facilities. Restaurants, dry cleaners and grocery market are all within a one block walk.

Last Agent to Sell the Property

Arshan Borhan

Iconic Properties License #3220150 Listed on: 04/18/2018

Last Buyer's Agent

barbara winbarg

EXP Realty LLC License #3310473

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,032

Year Built

  • Built in 1970

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 1 Car Garage
  • On-Street Parking
  • Open Parking

Interior Spaces

  • 665 Sq Ft Home
  • Tile Flooring
  • Garden Views
  • Video Cameras
  • Gas Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-115-0040

Community Details

Overview

  • Mid-Rise Condominium
  • Terrace View Condos
  • Terrace View Towers Condo Subdivision
  • 7-Story Property

Amenities

  • Trash Chute

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,032

Year Built

Built in 1970

Lot Details

0

HOA Fees

$415 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TERRACE VIEW TOWERS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 665
  • Possible Use: Primary
  • Stories: 7
  • Bedroom Features: Entry Level

Exterior Features

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

Garage/Parking

  • Park Building Name: Terrace View
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Covered, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure, TV Camera

Condo/Co-op/Association

  • Association Fee: 415
  • Amenities: Elevator(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-115-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jan 8, 2019
Sold by
Ryan Michael and Gotay Catherine
Bought by
Jaramillo Victor Hugo
Seller's Agent
Arshan Borhan
Iconic Properties
Buyer's Agent
barbara winbarg
EXP Realty LLC
List Price
$269,000
Sold Price
$263,500
Premium/Discount to List
-$5,500
-2.04%
Current Estimated Value
$409,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,976
Avg. Annual Appreciation
7.15%
Original Mortgage
$250,325
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2018
Sold by
Sanchez Joanna and Destee Joanna
Bought by
Ryan Michael and Gotay Catherine

Purchase Details

Closed on
Aug 24, 2004
Sold by
Cabrera Ana
Bought by
Sanchez Joanna and Desten Joanna
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
Jaramillo Victor Hugo $263,500 Best Beach Title Llc
Ryan Michael $161,000 Attorney
Sanchez Joanna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaramillo Victor Hugo $259,590
Closed Jaramillo Victor Hugo $250,325
Previous Owner Sanchez Joanna $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $263,500 -2.0% $396 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $269,000 -- $405 / 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 $3,498 $233,958 -- --
2024 $3,394 $227,365 -- --
2023 $3,394 $220,743 $0 $0
2022 $3,252 $214,314 $0 $0
2021 $3,227 $208,072 $0 $0
2020 $3,183 $205,200 $0 $0
2019 $4,186 $216,000 $0 $0
2018 $4,052 $215,500 $0 $0
2017 $4,032 $202,571 $0 $0
2016 $3,743 $184,156 $0 $0
2015 $3,617 $167,415 $0 $0
2014 $3,147 $152,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Arshan Borhan

    Iconic Properties

    (305) 773-8104

    8 in this area

    16 Total Sales

    Arshan Borhan
    Section Image

  • b

    Buyer's Agent in 2019

    barbara winbarg

    EXP Realty LLC

    3 Total Sales

    barbara winbarg
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10454581

MIAMI REALTORS® MLS

APN: 02-4203-115-0040

Florida Miami/Dade County Miami Beach 33139 South Pointe

240 Collins Ave Unit 2D, Miami Beach, FL

This home is located at 240 Collins Ave Unit 2D, Miami Beach, FL 33139 since 18 April 2018 and is currently estimated at $409,476, approximately $615 per square foot. This property was built in 1970. 240 Collins Ave Unit 2D is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, 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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