NOT LISTED FOR SALE

2901 Collins Ave Unit 1405 Miami Beach, FL 33140

Miami Beach Boardwalk Neighborhood

Estimated Value: $2,708,000 - $7,499,000

2 Beds
4 Baths
2,029 Sq Ft
$4,592/mo HOA Fee

Last Sold April 08, 2024

Last sale price $7,000,000 $3,450 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $43,438/month

53 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Penthouse
  • North Beach Elementary School Rated A-
  • Bar or Lounge
  • Deck

About This Home

As of April 2024

Elegantly understated, bespoke Miami Beach Edition Penthouse boasts an Ian Schrager/John Pawson pedigree, minimalist interiors, floor-to-ceiling Ocean views from every room & spectacular sky deck. Sophisticated, stylish details: bleached teak floors; sleek built-ins, full-height glass walls & 57-ft balcony. Bulthaup kitchen transitions seamlessly to grandly scaled living areas. Serene sanctuary bdrms & exquisite baths. Savor sunrise/sunset vistas, unparalleled luxury & modern simplicity. 1000SF+ Rooftop Terrace w/full kitchen & Jacuzzi. Effortless indoor/outdoor living w/resort amenities: Jean-Georges restaurants, fabulous spa, gym, valet, concierge, room & laundry services, oceanside pool & world-famous beach! Schrager’s private Penthouse is a peerless perch for the most discerning buyer.

Last Agent to Sell the Property

Toni Schrager

Brown Harris Stevens License #0403145 Listed on: 02/05/2024

Brown Harris Stevens

Co-Listed By

Lauren Schrager

Brown Harris Stevens License #3467219

Last Buyer's Agent

Raul Santidrian

Coldwell Banker Realty License #3084589

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $83,732

Year Built

  • Built in 2014

HOA Fees

  • $4,592 Monthly HOA Fees

Property Views

  • Direct Ocean
  • Skyline

Home Design

  • Penthouse

Interior Spaces

  • 2,029 Sq Ft Home
  • Built-In Features
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Unrestricted saltwater access
  • Balcony
  • Deck
  • Outdoor Grill
  • Porch

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-054-0180

Community Details

Overview

  • 26 Units
  • Other Membership Included
  • Edition Residences Condos
  • 2901 Collins Condo,Edition Residences Subdivision
  • 18-Story Property

Amenities

  • Valet Parking
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$83,732

Year Built

Built in 2014

Lot Details

0

HOA Fees

$4,592 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Co List Office Mls Id: BHSM03
  • Co List Office Phone: 305-666-1800
  • Entry Level: 14
  • Garage Yn: No
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 2901 COLLINS CONDO,Edition Residences
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2029
  • Possible Use: Secondary
  • Stories: 18
  • Window Features: High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen

Exterior Features

  • View: Ocean View, Direct Ocean, Skyline
  • Exterior Features: Barbeque, Open Balcony
  • Patio And Porch Features: Deck, Open Balcony, Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Edition Residences
  • Parking Features: Valet, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Lobby Secured

Condo/Co-op/Association

  • Association Fee: 4592
  • Amenities: Bar, Bike/Jog Path, Heated Pool, Other, Other Membership Included, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-26-054-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 26
  • Number Of Units Total: 26

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 83732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Kumar Ashish
Bought by
Hamilton Robert
Total Days on Market
53
Current Estimated Value
$5,734,729

Purchase Details

Listed on
Feb 5, 2024
Closed on
Apr 8, 2024
Sold by
Schrager Ian and Schrager Tatiana
Bought by
Kumar Ashish
Seller's Agent
Toni Schrager
Brown Harris Stevens
Buyer's Agent
Raul Santidrian
Coldwell Banker Realty
List Price
$7,500,000
Sold Price
$7,000,000
Premium/Discount to List
-$500,000
-6.67%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.36%

Purchase Details

Listed on
Mar 25, 2015
Closed on
Mar 4, 2016
Sold by
Penthouse 1405 Llc
Bought by
Schrager Ian and Schrager Tatiana
Seller's Agent
Toni Schrager
Brown Harris Stevens
Buyer's Agent
Toni Schrager
Brown Harris Stevens
List Price
$7,800,000
Sold Price
$5,500,000
Premium/Discount to List
-$2,300,000
-29.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$4,400,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2013
Closed on
Feb 18, 2015
Sold by
Seville Acquistion Llc
Bought by
Penthouse 1405 Llc
Seller's Agent
Chris Leavitt
MMLS Assoc.-Inactive Member
Buyer's Agent
Toni Schrager
Brown Harris Stevens
List Price
$6,000,000
Sold Price
$6,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.03%
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
Hamilton Robert -- None Listed On Document
Kumar Ashish $7,000,000 None Listed On Document
Schrager Ian $5,500,000 Attorney
Penthouse 1405 Llc $6,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schrager Ian $4,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $7,000,000 -6.7% $3,450 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $7,500,000 +36.4% $3,696 / Sq Ft
03/04/2016 03/04/16 Sold $5,500,000 -20.3% $2,425 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
05/15/2015 05/15/15 Price Changed $6,900,000 -7.9% $3,042 / Sq Ft
05/07/2015 05/07/15 Price Changed $7,490,000 -4.0% $3,302 / Sq Ft
03/25/2015 03/25/15 For Sale $7,800,000 +30.0% $3,439 / Sq Ft
02/18/2015 02/18/15 Sold $6,000,000 0.0% $2,646 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $6,000,000 -- $2,646 / 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 $91,191 $5,530,008 -- --
2024 $83,732 $4,486,057 -- --
2023 $83,732 $4,078,234 $0 $0
2022 $71,898 $3,785,472 $0 $0
2021 $68,882 $3,441,339 $0 $0
2020 $67,296 $3,476,100 $0 $0
2019 $67,361 $3,476,069 $0 $0
2018 $69,537 $3,697,946 $0 $0
2017 $82,847 $4,350,525 $0 $0
2016 $98,263 $5,058,750 $0 $0
2015 $105,501 $5,325,000 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Toni Schrager

    Seller's Agent in 2024

    Toni Schrager

    Brown Harris Stevens

    (305) 338-9000

    1 in this area

    74 Total Sales

    Toni Schrager
    Section Image
  • Lauren Schrager

    Seller Co-Listing Agent in 2024

    Lauren Schrager

    Brown Harris Stevens

    (305) 878-5731

    1 in this area

    42 Total Sales

    Lauren Schrager
    Section Image
  • Raul Santidrian

    Buyer's Agent in 2024

    Raul Santidrian

    Coldwell Banker Realty

    (305) 726-4312

    1 in this area

    9 Total Sales

    Raul Santidrian
    Section Image

  • C

    Seller's Agent in 2015

    Chris Leavitt

    MMLS Assoc.-Inactive Member

    Section Image

  • P

    Seller Co-Listing Agent in 2015

    Pablo Alfaro

    Compass Florida, LLC

    (305) 695-6300

    24 Total Sales

    Pablo Alfaro
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11524183

MIAMI REALTORS® MLS

APN: 02-3226-054-0180

Florida Miami/Dade County Miami Beach 33140 Miami Beach Boardwalk

2901 Collins Ave Unit 1405, Miami Beach, FL

This home is located at 2901 Collins Ave Unit 1405, Miami Beach, FL 33140 since 05 February 2024 and is currently estimated at $5,734,729, approximately $2,826 per square foot. This property was built in 2014. 2901 Collins Ave Unit 1405 is a home located in Miami-Dade County with nearby schools including North Beach 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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