NOT LISTED FOR SALE

331 Collins Ave Unit 7 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $348,000 - $403,000

1 Bed
1 Bath
605 Sq Ft
1965 Built

Sale Details

Date Sold: July 1, 2024

Last sale price $420,000 $694 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,656 / mo

146 Days on Market

Highlights

  • Cooling Available
  • Views
  • 1 Car Garage
  • Courtyard
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of July 2024

Spectacular 1Bed/1bath renovated in exclusive South of 5th. Large balcony overlooking prestigious Collins avenue. Boutique building walking distance from the beach and all the best restaurants in Miami: Carbone, Joe's Stone Crab, Sith and wollensky, Prime 112, etc. Plenty of parking for you and your guest. W?D inside the unit. A true gem in the most desired area of South Beach. Tenant can only show Saturdays.

Last Agent to Sell the Property

Gabriela Soto

MMLS Assoc.-Inactive Member License #3218973 Listed on: 02/05/2024

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Vincent Sinard

MMLS Assoc.-Inactive Member License #3486753

MMLS Assoc.-Inactive Member

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,296

Year Built

  • Built in 1965

HOA Fees

  • $156 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Garden Apartment
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 605 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Disposal
  • Dryer
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Courtyard

Schools

  • Addison Mizner Elementary School
  • Ammons; Herbert Middle School
  • Alonzo And Tracy Mourning Sr. High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-037-0070

Community Details

Overview

  • Club Membership Available
  • Rainbow Condo
  • Rainbow Condominium Subdivision

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,296

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

HOA Fees

$156 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: RAINBOW CONDOMINIUM
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 605
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Entry Level, Other

Exterior Features

  • View: Other View
  • Exterior Features: Other, Courtyard
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Rainbow Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 467
  • Amenities: Other, Other Membership Available
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Addison Mizner
  • High School: Alonzo and Tracy Mourning Sr. High
  • Middle Or Junior School: Ammons; Herbert

Lot Info

  • Parcel Number: 02-42-03-037-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5296

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Jul 1, 2024
Sold by
Bought by
Seller's Agent
Gabriela Soto
MMLS Assoc.-Inactive Member
Buyer's Agent
Vincent Sinard
MMLS Assoc.-Inactive Member
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Views
63
Current Estimated Value
$382,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,879
Avg. Annual Appreciation
-4.42%

Purchase Details

Listed on
Nov 9, 2022
Closed on
Oct 28, 2022
Sold by
Bought by
Seller's Agent
Gabriela Soto
MMLS Assoc.-Inactive Member
Buyer's Agent
Alla Mazurenko
Alare Real Estate, LLC.
Sold Price
$3,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%

Purchase Details

Closed on
Sep 4, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 1994
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Pointe, FL

  • Ulvi Mammadov Real Estate Agent - Big Wave Realty LLC

    Ulvi Mammadov

    Big Wave Realty LLC

    (754) 354-4524

    78 Total Sales

    1 in South Pointe

    $1,700,000 Price

    Ulvi Mammadov
     Section Image
  • Derek Varona Real Estate Agent - Sea Grove Realty

    Derek Varona

    Sea Grove Realty

    (786) 460-5548

    106 Total Sales

    1 in South Pointe

    $425,000 Price

    Derek Varona
     Section Image
  • LINDA DEGRAVE Real Estate Agent - One Sotheby's International Realty

    LINDA DEGRAVE

    One Sotheby's International Realty

    (305) 770-6788

    12 Total Sales

    1 in South Pointe

    $2,250,000 Price

    LINDA DEGRAVE
     Section Image
  • Mara Boccolini Real Estate Agent - South Beach Estates, LLC

    Mara Boccolini

    South Beach Estates, LLC

    (786) 882-6856

    62 Total Sales

    1 in South Pointe

    $250,000 Price

    Mara Boccolini
     Section Image
  • Angielle Knowle Real Estate Agent - Miami Beach Real Estate Prop.

    Angielle Knowle

    Miami Beach Real Estate Prop.

    (786) 432-5783

    10 Total Sales

    1 in South Pointe

    $3,100,000 Price

    Angielle Knowle
     Section Image
  • Bruce Jordan Real Estate Agent - One Sotheby's International Realty

    Bruce Jordan

    Responds Quickly

    One Sotheby's International Realty

    (786) 706-0113

    23 Total Sales

    1 in South Pointe

    $2,525,000 Price

    Bruce Jordan
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$420,000 None Listed On Document
$355,000 --
$143,000 Attorney
$57,500 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $42,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2024 07/01/24 Sold $420,000 -6.7% $694 / Sq Ft
02/05/2024 02/05/24 For Sale $450,000 0.0% $744 / Sq Ft
11/24/2023 11/24/23 Rented $2,750 -1.8% --
10/12/2023 10/12/23 Price Changed $2,800 -6.7% $5 / Sq Ft
09/06/2023 09/06/23 Price Changed $3,000 -14.3% $5 / Sq Ft
08/03/2023 08/03/23 For Rent $3,500 0.0% --
12/13/2022 12/13/22 Rented $3,500 0.0% --
11/09/2022 11/09/22 For Rent $3,500 0.0% --
10/28/2022 10/28/22 Sold $355,000 0.0% $587 / Sq Ft View Prior Sale
10/01/2022 10/01/22 Price Changed $355,000 +2.6% $587 / Sq Ft
09/28/2022 09/28/22 For Sale $346,000 0.0% $572 / Sq Ft
12/01/2020 12/01/20 Rented $1,900 -5.0% --
09/21/2020 09/21/20 For Rent $2,000 +5.3% --
01/16/2018 01/16/18 Rented $1,900 -5.0% --
12/12/2017 12/12/17 For Rent $2,000 0.0% --
11/01/2015 11/01/15 Rented $2,000 0.0% --
10/02/2015 10/02/15 Under Contract -- -- --
09/09/2015 09/09/15 For Rent $2,000 +5.3% --
11/10/2014 11/10/14 Rented $1,900 -5.0% --
10/11/2014 10/11/14 Under Contract -- -- --
09/25/2014 09/25/14 For Rent $2,000 +8.1% --
11/01/2013 11/01/13 Rented $1,850 0.0% --
10/02/2013 10/02/13 Under Contract -- -- --
04/08/2013 04/08/13 For Rent $1,850 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,740 $302,702
2024 $5,296 $252,252
2023 $5,296 $280,280 $0 $0
2022 $3,487 $169,400 $0 $0
2021 $2,973 $154,000 $0 $0
2020 $2,981 $154,000 $0 $0
2019 $3,204 $166,320 $0 $0
2018 $2,817 $149,812 $0 $0
2017 $2,853 $149,812 $0 $0
2016 $2,910 $149,812 $0 $0
2015 $3,289 $144,959 $0 $0
2014 $2,767 $131,781 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gabriela Soto

    MMLS Assoc.-Inactive Member

    Section Image

  • V

    Buyer's Agent in 2024

    Vincent Sinard

    MMLS Assoc.-Inactive Member

    Section Image
  • Seth Bloomgarden Real Estate Agent - BHHS EWM Realty

    Seller's Agent in 2022

    Seth Bloomgarden

    BHHS EWM Realty

    (917) 364-7575

    1 in this area

    14 Total Sales

    Seth Bloomgarden
    Section Image

  • A

    Buyer's Agent in 2022

    Alla Mazurenko

    Alare Real Estate, LLC.

    (305) 970-2375

    1 in this area

    11 Total Sales

    Alla Mazurenko
    Section Image
  • Patricia Washington Real Estate Agent - The Keyes Company

    Seller's Agent in 2020

    Patricia Washington

    The Keyes Company

    (305) 479-6666

    17 Total Sales

    Patricia Washington
    Section Image
  • Elizabeth Perez Real Estate Agent - The Keyes Company

    Seller Co-Listing Agent in 2020

    Elizabeth Perez

    The Keyes Company

    (786) 724-1331

    24 Total Sales

    Elizabeth Perez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11527558

MIAMI REALTORS® MLS

APN: 02-4203-037-0070

Florida Miami/Dade County Miami Beach 33139 South Pointe

331 Collins Ave Unit 7, Miami Beach, FL

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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