NOT LISTED FOR SALE

5225 Collins Ave Unit 1018 & 1118 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $666,827 - $1,582,000

4 Beds
5 Baths
2,400 Sq Ft
$3,696/mo HOA Fee

Last Sold November 06, 2023

Last sale price $1,000,000 $417 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,485/month

55 Days on Market

Highlights

  • Doorman
  • Marina
  • Property has ocean access
  • North Beach Elementary School Rated A-
  • Ocean View
  • Boat Dock

About This Home

As of November 2023

Best Price on the MARKET!
Magnificent 2400 SQFT unite, townhouse style two story condo at The Alexander All-Suite Oceanfront Resort in Millionaires Row at Miami Beach. 4 bedrooms (converted bedroom can be easily reverted)5 bathrooms,2 open glass balconies,2 assigned parking spaces, full kitchen with lots of cabinetry, stainless steel appliances, hurricane impact windows, 2,400 sq. ft. combined units.GREAT INVESTMENT OPPORTUNITY Hotel rental program available for income.Daily rentals OK.Fully remodeled 2 swimming pools, gym,beach service, poolside bar,restaurant,maid service, hair salon and spa, cafe/bakery/wine shoppe, valet parking, and more... Electricity, central a/c, wi-fi, cable, hot water, etc included in maintenance fee. Seller financing.

Last Agent to Sell the Property

Viktoriia Nuzhna

United Realty Group - Weston License #3451756 Listed on: 08/17/2023

United Realty Group - Weston

Last Buyer's Agent

Carina Aisenstein

Beachfront Realty Inc License #3546450

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,238

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $3,696 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • Ocean
  • Intracoastal
  • Bay

Home Design

  • Condo Hotel
  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • Furnished
  • Built-In Features
  • Drapes & Rods
  • Blinds
  • Family Room
  • Formal Dining Room
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Two Primary Bathrooms
  • 5 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Dock Available
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Reverse Cycle Heating System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-019-1900

Community Details

Overview

  • 230 Units
  • High-Rise Condominium
  • The Alexander Condos
  • The Alexander Condo Subdivision
  • 17-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Bar or Lounge
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Fitness Center
  • Community Cabanas
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Security Service
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,238

Year Built

Built in 1962 | Remodeled

Lot Details

0

HOA Fees

$3,696 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Split Level
  • Directions: On the oceanside of Collins and 52 Street
  • Entry Level: 11
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Dock Available, Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE ALEXANDER CONDO
  • Year Built Details: Condo-Hotel
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Shabbat Elevator, Walk-In Closet(s), Family Room, Loft
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Carpet, Marble, Tile
  • Furnished: Furnished
  • Possible Use: Primary
  • Stories: 17
  • Window Features: Complete Impact Glass, Blinds, Drapes, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room, Loft
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Bay, Intracoastal View, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled, Completely Renovated
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Alexander
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Reverse Cycle, Zoned
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Secured Garage/Parking, Security Patrol

Condo/Co-op/Association

  • Association Fee: 3696
  • Amenities: Bar, Bike/Jog Path, Boat Dock, Barbecue, Cabana, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Marina, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-019-1900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 3696
  • Number Of Units In Community: 230
  • Number Of Units Total: 230

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2012
Sold by
Sherlock Partners
Bought by
Spitzer Joseph and Spitzer Helen
Total Days on Market
55
Current Estimated Value
$968,207

Purchase Details

Closed on
Oct 24, 2000
Sold by
Bristol Rainbow Corp
Bought by
Sherlock Partners
Source: Public Records

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Range of Values:

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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
Spitzer Joseph $600,000 A1a Title Services Llc
Sherlock Partners $367,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherlock Partners $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $1,000,000 -23.1% $417 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/18/2023 09/18/23 Price Changed $1,300,000 -21.2% $542 / Sq Ft
08/17/2023 08/17/23 For Sale $1,650,000 -- $688 / 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
2024 $7,810 $463,980 -- --
2023 $7,810 $385,473 $0 $0
2022 $6,911 $350,430 $0 $0
2021 $6,151 $353,970 $0 $0
2020 $7,614 $393,300 $0 $0
2019 $8,023 $414,000 $0 $0
2018 $7,785 $414,000 $0 $0
2017 $8,036 $411,015 $0 $0
2016 $7,258 $373,650 $0 $0
2015 $7,293 $349,800 $0 $0
2014 $6,461 $318,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Viktoriia Nuzhna

    Seller's Agent in 2023

    Viktoriia Nuzhna

    United Realty Group - Weston

    (305) 927-7470

    1 in this area

    3 Total Sales

    Viktoriia Nuzhna
    Section Image

  • C

    Buyer's Agent in 2023

    Carina Aisenstein

    Beachfront Realty Inc

    (305) 300-4424

    1 in this area

    4 Total Sales

    Carina Aisenstein
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11434717

MIAMI REALTORS® MLS

APN: 02-3214-019-1890

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5225 Collins Ave Unit 1018 & 1118, Miami Beach, FL

This home is located at 5225 Collins Ave Unit 1018 & 1118, Miami Beach, FL 33140 since 17 August 2023 and is currently estimated at $968,207, approximately $403 per square foot. This property was built in 1962. 5225 Collins Ave Unit 1018 & 1118 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.

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