NOT LISTED FOR SALE

240 Collins Ave Unit 6B Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $345,794 - $710,000

1 Bed
1 Bath
665 Sq Ft
$418/mo HOA Fee

Last Sold December 22, 2020

Last sale price $285,000 $429 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,226/month

57 Days on Market

Highlights

  • Ocean View
  • Bike Room
  • 1 Car Attached Garage
  • South Pointe Elementary School Rated A-
  • Balcony
  • 1-minute walk to Washington Dog Park & Annex

About This Home

As of December 2020

Ocean breezes from this high floor east facing 1 bedroom pied-a-terre. Oversized terrace offers 180 degree views of the Atlantic oceans and of South Beach. High impact doors! Bathroom has been recently updated. Enjoy one of the only mid rise buildings in the south of fifth neighborhood that has gas! Terrace View is a very well maintained and secure building located in the heart of the south of fifth neighborhood 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. Co-op garden located right next door. Car and bike parking secure and on premises. Low maintenance fees.

Last Agent to Sell the Property

Arshan Borhan

Iconic Properties License #3220150 Listed on: 09/03/2020

Last Buyer's Agent

Tomas Kolehmainen

London Foster Realty License #3274902

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,341

Year Built

  • Built in 1970

HOA Fees

  • $418 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 665 Sq Ft Home
  • Ceramic Tile Flooring
  • Ocean Views

Kitchen

  • Built-In Oven
  • 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 Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-115-0290

Community Details

Overview

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

Amenities

  • Trash Chute
  • Laundry Facilities
  • Secure Lobby
  • Bike Room

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,341

Year Built

Built in 1970

Lot Details

0

HOA Fees

$418 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Entry Level: 6
  • 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: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • View: Ocean View
  • Exterior Features: Exterior Cat Walk, Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TERRACE VIEW TOWERS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Limited # Of Vehicle

Utilities

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

Condo/Co-op/Association

  • Association Fee: 418
  • Amenities: Bike Storage, Laundry, 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: 02-42-03-115-0290
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 418

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4341

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Dec 22, 2020
Sold by
Ryan Michael and Gotay Catherine
Bought by
Gilroy Kevin Finbar
Seller's Agent
Arshan Borhan
Iconic Properties
Buyer's Agent
Tomas Kolehmainen
London Foster Realty
List Price
$296,000
Sold Price
$285,000
Premium/Discount to List
-$11,000
-3.72%
Current Estimated Value
$468,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,949
Avg. Annual Appreciation
9.18%
Original Mortgage
$205,200
Outstanding Balance
$183,978
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$248,164

Purchase Details

Closed on
Sep 14, 2006
Sold by
Clougherty Francis
Bought by
Ryan Michael and Gotay Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 11, 2004
Sold by
Liotta Lisa A
Bought by
Clougherty Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2001
Sold by
Pranas J Bataitis I
Bought by
Cristancho Peter

Purchase Details

Closed on
Oct 8, 1996
Sold by
Binker Nancy and Olarte Winifredo
Bought by
Liotta Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
7.87%
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
Gilroy Kevin Finbar $285,000 Clear Title Group
Ryan Michael $285,000 Attorney
Clougherty Francis $180,000 --
Cristancho Peter $80,000 --
Liotta Lisa A $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilroy Kevin Finbar $205,200
Previous Owner Ryan Michael J $109,506
Previous Owner Ryan Michael $228,000
Previous Owner Clougherty Francis $144,000
Previous Owner Liotta Lisa A $127,500
Previous Owner Liotta Lisa A $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $285,000 -3.7% $429 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $296,000 -- $445 / 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 $3,722 $246,244 -- --
2024 $3,613 $239,305 -- --
2023 $3,613 $232,335 $0 $0
2022 $3,464 $225,568 $0 $0
2021 $3,565 $225,568 $0 $0
2020 $4,120 $212,800 $0 $0
2019 $4,341 $224,000 $0 $0
2018 $4,217 $224,250 $0 $0
2017 $4,107 $206,320 $0 $0
2016 $3,813 $187,564 $0 $0
2015 $3,684 $170,513 $0 $0
2014 $3,206 $155,012 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Arshan Borhan

    Iconic Properties

    (305) 773-8104

    8 in this area

    16 Total Sales

    Arshan Borhan
    Section Image

  • T

    Buyer's Agent in 2020

    Tomas Kolehmainen

    London Foster Realty

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10921341

MIAMI REALTORS® MLS

APN: 02-4203-115-0290

Florida Miami/Dade County Miami Beach 33139 South Pointe

240 Collins Ave Unit 6B, Miami Beach, FL

This home is located at 240 Collins Ave Unit 6B, Miami Beach, FL 33139 since 03 September 2020 and is currently estimated at $468,949, approximately $705 per square foot. This property was built in 1970. 240 Collins Ave Unit 6B 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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