NOT LISTED FOR SALE

331 Collins Ave Unit 8 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $230,229 - $450,000

1 Bed
1 Bath
420 Sq Ft
$232/ mo HOA Fee

Last Sold May 04, 2012

Last sale price $140,000 $333 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,124/month

33 Days on Market

Highlights

  • Built in 1965 | Newly Remodeled
  • High Impact Door
  • 1 Car Garage
  • South Pointe Elementary School Rated 9+
  • Cooling System Mounted To A Wall/Window
  • 2-minute walk to Marjory Stoneman Douglas Park

About This Home

As of May 2012

Great getaway beach condo in the South of Fifth section of South Beach. Steps to 3rd Street Beach. 2nd floor unit. All new high impact windows. Walk to everything, including South Pointe Park, Ocean Drive and numerous restaurants. Parking at building is a vailable on a first come first serve basis - 10 spaces for 12 units. Rental policy is 6 month minimum. Needs TLC.

Last Agent to Sell the Property

Douglas Guinan

MMLS Assoc.-Inactive Member License #3056110 Listed on: 02/16/2012

Last Buyer's Agent

Douglas Guinan

MMLS Assoc.-Inactive Member License #3056110 Listed on: 02/16/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,705

Year Built

  • Built in 1965 | Newly Remodeled

HOA Fees

  • $232 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 420 Sq Ft Home
  • 2-Story Property
  • Gas Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Location

  • East of U.S. Route 1

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-037-0080

Community Details

Overview

  • 12 Units
  • Rainbow Condo
  • The community has rules related to no motorcycles, no recreational vehicles or boats

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complex Is Fenced
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,705

Year Built

Built in 1965 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$232 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 140000
  • InternetRemarks: Great beach pad South of Fifth! Just steps to the beach, restuarants and South Pointe Park.
  • Special Features: None

Interior Features

  • Appliances: Gas Range
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 420
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: Other

Exterior Features

  • View: None
  • Exterior Features: East Of Us1, Exterior Cat Walk
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Rainbow Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Limited # Of Vehicle, No Motorcycle, No Rv/Boats

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 232
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-037-0080

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1705

Multi Family

  • Maintenance Expense: 232
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2012
Closed on
May 1, 2012
Sold by
Silverman Calvin and Silverman Beverly L
Bought by
Velez Ralph and Montalvo Lorna
Seller's Agent
Douglas Guinan
MMLS Assoc.-Inactive Member
Buyer's Agent
Douglas Guinan
MMLS Assoc.-Inactive Member
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$296,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,807
Avg. Annual Appreciation
5.55%
Original Mortgage
$98,000
Outstanding Balance
$68,249
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$228,558

Purchase Details

Closed on
May 5, 2010
Sold by
Silverman Calvin and Silverman Beverly J
Bought by
Silverman Calvin and Silverman Beverly J

Purchase Details

Closed on
Jun 7, 2001
Sold by
Rose Silverman I
Bought by
Silverman Calvin
Source: Public Records

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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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
Velez Ralph $140,000 Title Company Of America Inc
Silverman Calvin -- Attorney
Silverman Calvin $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Ralph $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2012 05/04/12 Sold $140,000 0.0% $333 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $140,000 -- $333 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $3,977 $223,663 -- --
2024 $3,731 $203,330 -- --
2023 $3,731 $184,846 $0 $0
2022 $3,167 $168,042 $0 $0
2021 $2,950 $152,766 $0 $0
2020 $2,957 $152,766 $0 $0
2019 $2,960 $152,766 $0 $0
2018 $2,725 $144,892 $0 $0
2017 $2,759 $144,892 $0 $0
2016 $2,725 $137,504 $0 $0
2015 $2,996 $125,004 $0 $0
2014 $2,309 $113,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Douglas Guinan

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1607177

MIAMI REALTORS® MLS

APN: 02-4203-037-0080

Florida Miami/Dade County Miami Beach 33139 South Pointe

331 Collins Ave Unit 8, Miami Beach, FL

Not Listed for Sale

Condos

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