NOT LISTED FOR SALE

3315 Collins Ave Unit PHB Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $2,854,000 - $12,472,229

3 Beds
3.5 Baths
4,243 Sq Ft
2015 Built

Sale Details

Date Sold: June 17, 2021

Last sale price $11,150,000 $2,628 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $58,545 / mo

267 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Private Beach Pavilion
  • North Beach Elementary School Rated A-
  • Bar or Lounge
  • 3-minute walk to 36th Street Park

About This Home

As of June 2021

Encompassing nearly 7,000 Sqft of indoor and outdoor living space in Miami’s most prestigious ocean front building, Faena's Penthouse B is an elegantly appointed glass jewel box with postcard views of the ocean and bay, back-lit by the Miami skyline. The expansive terrace with more than 2,700 Sqft is accessible from each room, complete with outdoor spa. Customized in its entirety, this plush residence features white-oak wood floors, a custom kitchen and custom bathrooms, impressive penthouse level ceiling heights, Truax lighting and a fully automated AMX Smart-Home system. Designed by Foster + Partners, Faena House residents enjoy the privacy of a boutique building with the Five-Star services and amenities of the adjacent Faena Hotel.

Last Agent to Sell the Property

Ryan Mendell

Maxwell E Realty Inc License #3012816 Listed on: 02/27/2020

Last Buyer's Agent

Cyril Matz

Douglas Elliman License #3110560

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $143,080

Year Built

  • Built in 2015

Lot Details

  • Ocean Front
  • End Unit

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Intracoastal
  • Bay
  • Skyline

Home Design

  • Penthouse
  • Entry on the 16th floor

Interior Spaces

  • 4,243 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Drapes & Rods
  • Blinds
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-055-0430

Community Details

Overview

  • Property has a Home Owners Association
  • 45 Units
  • Faena House Condos
  • Faena House Subdivision, Penthouse Floorplan
  • 18-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Business Center
  • Community Center
  • Party Room
  • Bar or Lounge
  • Bike Room

Recreation

  • Private Beach Pavilion
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $9,024

Security

  • Secure Elevator
  • Complete Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$143,080

Year Built

Built in 2015

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Penthouse
  • Directions: Collins Avenue at 33rd Street in Miami Beach
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Master Model: Penthouse
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: Faena House
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Custom Mirrors, Walk-In Closet(s), Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 4243
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Window Features: Complete Impact Glass, Blinds, Drapes, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Bay, Intracoastal View, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Faena House
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Doorman, Elevator Secure, Other

Condo/Co-op/Association

  • Amenities: Bar, Bike Storage, Business Center, Community Room, Elevator(s), Exercise Room, Other, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-26-055-0430
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 143080

Multi Family

  • Maintenance Expense: 9024
  • Number Of Units In Community: 45
  • Number Of Units Total: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Jun 17, 2021
Sold by
Faena Holdings Llc
Bought by
Little Orchid Llc
Seller's Agent
Ryan Mendell
Maxwell E Realty Inc
Buyer's Agent
Cyril Matz
Douglas Elliman
List Price
$12,495,000
Sold Price
$11,150,000
Premium/Discount to List
-$1,345,000
-10.76%
Current Estimated Value
$8,017,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,132,352
Avg. Annual Appreciation
-7.28%
Original Mortgage
$8,680,000
Outstanding Balance
$6,590,381
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,072,734

Purchase Details

Listed on
Nov 13, 2013
Closed on
Sep 21, 2015
Sold by
Tower 3315 Llc
Bought by
Stha Llc
Seller's Agent
Erik Schneider
Douglas Elliman
Buyer's Agent
Jeff Miller
One Sotheby's International Realty
List Price
$50,000,000
Sold Price
$60,000,000
Premium/Discount to List
$10,000,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.41%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Little Orchid Llc $11,150,000 Attorney
Stha Llc $60,000,000 --
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
Open Little Orchid Llc $8,680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2021 06/17/21 Sold $11,150,000 -10.8% $2,628 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $12,495,000 -79.2% $2,945 / Sq Ft
09/21/2015 09/21/15 Sold $60,000,000 +20.0% $4,794 / Sq Ft View Prior Sale
04/25/2014 04/25/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $50,000,000 0.0% $3,995 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
11/13/2013 11/13/13 For Sale $50,000,000 -- $3,995 / 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 $180,851 $10,047,828 -- --
2024 $165,368 $9,394,719 -- --
2023 $165,368 $8,540,654 $0 $0
2022 $171,629 $9,134,389 $0 $0
2021 $156,078 $8,083,530 $0 $0
2020 $149,042 $7,698,600 $0 $0
2019 $191,266 $9,870,000 $0 $0
2018 $197,444 $10,500,000 $0 $0
2017 $238,175 $11,640,750 $0 $0
2016 $271,942 $14,000,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Mendell

    Seller's Agent in 2021

    Ryan Mendell

    Maxwell E Realty Inc

    (305) 804-5424

    4 in this area

    71 Total Sales

    Ryan Mendell
    Section Image
  • Cyril Matz

    Buyer's Agent in 2021

    Cyril Matz

    Douglas Elliman

    (305) 926-2600

    1 in this area

    26 Total Sales

    Cyril Matz
    Section Image

  • E

    Seller's Agent in 2015

    Erik Schneider

    Douglas Elliman

    (305) 695-6300

    1 Total Sale

    Erik Schneider
    Section Image

  • P

    Seller Co-Listing Agent in 2015

    Phyllis Winick

    Rivero Real Estate , Inc.

    (305) 450-5704

    Phyllis Winick
    Section Image
  • Jeff Miller

    Buyer's Agent in 2015

    Jeff Miller

    One Sotheby's International Realty

    (305) 610-4509

    1 in this area

    41 Total Sales

    Jeff Miller
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10821057

MIAMI REALTORS® MLS

APN: 02-3226-055-0430

Florida Miami/Dade County Miami Beach 33140 Oceanfront

3315 Collins Ave Unit PHB, Miami Beach, FL

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