240 Collins Ave Unit 5C Miami Beach, FL 33139
South Pointe Neighborhood
1
Bed
1
Bath
665
Sq Ft
$703/mo
HOA Fee
Highlights
- Views
- Tile Flooring
- 1 Car Garage
- South Pointe Elementary School Rated A-
- Central Heating and Cooling System
- 1-minute walk to Washington Dog Park & Annex
About This Home
As of May 2025Welcome to your dream home in the heart of Miami Beach's coveted South of Fifth neighborhood! This stunning 1-bedroom, 1-bathroom unit has been meticulously remodeled with a modern touch, offering a perfect blend of style and comfort. From the moment you step inside, you'll be greeted by an abundance of natural light that fills the open-concept living space. Step outside to your oversized patio where you can enjoy views of Miami Beach. The property is situated just steps away from the beach, scenic boardwalk, and a variety of top-tier restaurants and entertainment options. Additional amenities include an assigned, gated parking space for your convenience, on-site laundry facilities, and secure access to the community, ensuring peace of mind and ease of living.
Last Agent to Sell the Property
Compass Florida, LLC. License #3320999 Listed on: 08/27/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,731
Year Built
- Built in 1970
HOA Fees
- $703 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Interior Spaces
- 665 Sq Ft Home
- Tile Flooring
- Property Views
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Additional Features
- Accessible Elevator Installed
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-42-03-115-0230
Community Details
Overview
- Terrace View Towers Condo
- Terrace View Towers Condo Subdivision
- 5-Story Property
Pet Policy
- Breed Restrictions
Security
- Complex Is Fenced
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2024
Closed on
Apr 29, 2025
Sold by
Nomi Somi 1 Llc
Bought by
240 Collins Parceiras Llc
Seller's Agent
Tristan Alexander
Compass Florida, LLC.
Buyer's Agent
Alexander Wendell
Beachfront Realty Inc
List Price
$450,000
Sold Price
$325,000
Premium/Discount to List
-$125,000
-27.78%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.15%
Original Mortgage
$292,500
Outstanding Balance
$291,324
Interest Rate
6.64%
Mortgage Type
Balloon
Estimated Equity
$73,042
Purchase Details
Listed on
Feb 20, 2023
Closed on
Apr 19, 2023
Sold by
Fidenzio Luca
Bought by
Nomi Somi 1 Llc
Seller's Agent
Jessica Crockett
One Sotheby's International Realty
Buyer's Agent
Leslie Vasquez
Beachfront Realty Inc
List Price
$329,000
Sold Price
$305,000
Premium/Discount to List
-$24,000
-7.29%
Views
102
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Purchase Details
Closed on
May 10, 2022
Sold by
Germana Cosmelli and Germana Gaia
Bought by
Fidenzio Luca
Purchase Details
Closed on
Feb 21, 2019
Sold by
Fidenzio Luca
Bought by
Luca Fidenzio and Cosmelli Alessandro
Purchase Details
Closed on
Apr 25, 2017
Sold by
Echoes Of South Florida Corp
Bought by
Fidenzio Luca
Purchase Details
Closed on
Mar 3, 2014
Sold by
Fidenzio Luca
Bought by
Echoes Of South Florida Corp
Purchase Details
Closed on
Jan 27, 2006
Sold by
Bakula Marilu F and Marcos Miriela
Bought by
Fidenzio Luca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 25, 2002
Sold by
Silvio Diaz M and Silvio Ana M
Bought by
Bakula Marilu F and Marcos Miriela
Purchase Details
Closed on
Oct 21, 1998
Sold by
Diaz Ana M
Bought by
Diaz Ana M and Diaz Silvio
Purchase Details
Closed on
Mar 21, 1997
Sold by
Silvio and Diaz Ana M
Bought by
Diaz Ana M
Similar Homes in Miami Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | None Listed On Document | |
| Warranty Deed | $325,000 | None Listed On Document | |
| Warranty Deed | $325,000 | None Listed On Document | |
| Warranty Deed | $325,000 | None Listed On Document | |
| Warranty Deed | $305,000 | None Listed On Document | |
| Warranty Deed | $305,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Supreme Title And Escrow Inc | |
| Interfamily Deed Transfer | -- | Supreme Title And Escrow Inc | |
| Interfamily Deed Transfer | -- | Supreme Title And Escrow | |
| Interfamily Deed Transfer | -- | Supreme Title And Escrow | |
| Interfamily Deed Transfer | $150,000 | None Available | |
| Interfamily Deed Transfer | $150,000 | None Available | |
| Warranty Deed | $290,000 | Town & Country Title Guarant | |
| Warranty Deed | $290,000 | Town & Country Title Guarant | |
| Warranty Deed | $145,000 | -- | |
| Warranty Deed | $145,000 | -- | |
| Quit Claim Deed | $57,800 | -- | |
| Quit Claim Deed | $57,800 | -- | |
| Quit Claim Deed | $9,500 | -- | |
| Quit Claim Deed | $9,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | Balloon | |
| Closed | $292,500 | Balloon | |
| Previous Owner | $232,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Sold | $325,000 | -18.5% | $489 / Sq Ft |
| 04/16/2025 04/16/25 | Pending | -- | -- | -- |
| 01/20/2025 01/20/25 | Price Changed | $399,000 | -7.0% | $600 / Sq Ft |
| 09/11/2024 09/11/24 | Price Changed | $429,000 | -4.7% | $645 / Sq Ft |
| 08/27/2024 08/27/24 | For Sale | $450,000 | +47.5% | $677 / Sq Ft |
| 04/27/2023 04/27/23 | Sold | $305,000 | -4.4% | $459 / Sq Ft |
| 04/03/2023 04/03/23 | Pending | -- | -- | -- |
| 03/17/2023 03/17/23 | Price Changed | $319,000 | -3.0% | $480 / Sq Ft |
| 02/20/2023 02/20/23 | For Sale | $329,000 | 0.0% | $495 / Sq Ft |
| 10/15/2017 10/15/17 | Rented | $1,450 | -3.3% | -- |
| 10/05/2017 10/05/17 | Under Contract | -- | -- | -- |
| 09/14/2017 09/14/17 | Price Changed | $1,500 | -6.3% | $2 / Sq Ft |
| 08/11/2017 08/11/17 | Price Changed | $1,600 | -4.5% | $2 / Sq Ft |
| 08/01/2017 08/01/17 | For Rent | $1,675 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $4,705 | $275,418 | -- | -- |
| 2024 | $4,731 | $250,380 | -- | -- |
| 2023 | $4,731 | $250,380 | $0 | $0 |
| 2022 | $3,364 | $220,267 | $0 | $0 |
| 2021 | $3,339 | $213,852 | $0 | $0 |
| 2020 | $3,293 | $210,900 | $0 | $0 |
| 2019 | $4,302 | $222,000 | $0 | $0 |
| 2018 | $4,175 | $222,000 | $0 | $0 |
| 2017 | $4,344 | $228,096 | $0 | $0 |
| 2016 | $4,028 | $207,360 | $0 | $0 |
| 2015 | $4,108 | $207,360 | $0 | $0 |
| 2014 | $3,155 | $152,570 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tristan Alexander
T
Seller's Agent in 2025
Tristan Alexander
Compass Florida, LLC.
(305) 542-9495
1 in this area
52 Total Sales
-
Arnold Jerome
Seller Co-Listing Agent in 2025
Arnold Jerome
Compass Florida, LLC.
(561) 429-2070
1 in this area
40 Total Sales
-
Alexander Wendell
A
Buyer's Agent in 2025
Alexander Wendell
Beachfront Realty Inc
(305) 672-6242
1 in this area
2 Total Sales
-
Jessica Crockett
Seller's Agent in 2023
Jessica Crockett
One Sotheby's International Realty
(786) 426-6983
1 in this area
35 Total Sales
-
Leslie Vasquez
L
Buyer's Agent in 2023
Leslie Vasquez
Beachfront Realty Inc
(305) 610-4100
1 in this area
6 Total Sales
-
Marcelo Steinmander P.A.
Seller's Agent in 2017
Marcelo Steinmander P.A.
BHHS EWM Realty
(305) 674-4127
49 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11648989
APN: 02-4203-115-0230
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