NOT LISTED FOR SALE

5225 Collins Ave Unit 1414 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $535,580 - $575,000

2 Beds
2 Baths
960 Sq Ft
1962 Built

Sale Details

Date Sold: February 27, 2023

Last sale price $510,000 $531 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,983 / mo

99 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Private Beach Pavilion
  • North Beach Elementary School Rated A-
  • Bar or Lounge
  • Fitness Center

About This Home

As of February 2023

Investment property right on the beach. A resort-style condo-hotel with no rental restrictions. Views of the ocean & Intercoastal from your balcony. This very comfortable 2 bedroom 2 bath is ready, modern kitchen, open dining/living area. Electricity, cable e Internet included. Great amenities, Fitness center, market, restaurant, valet parking, beach/pool service, maid service, concierge, meeting rooms, beach access.
This is your vacation home and/or investment property right on the beach, daily rentals are in high demand in Miami Beach.

Last Agent to Sell the Property

Sergio Vuguin

Inmobiliata, LLC License #3392925 Listed on: 10/10/2022

Last Buyer's Agent

Claudia Holguin

One Stop Realty, Holguin Group License #3258498

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,792

Year Built

  • Built in 1962

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $1,305 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Condo Hotel
  • Entry on the 14th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 960 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Unrestricted saltwater access
  • Balcony

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-019-1460

Community Details

Overview

  • Alexander Condos
  • The Alexander Condo Subdivision
  • 17-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Trash Chute
  • Business Center
  • Recreation Room
  • Bar or Lounge
  • Laundry Facilities
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

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

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Security Service
  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,792

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

HOA Fees

$1,305 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Directions: Oceanside of Collins Ave and 52 Ave
  • Entry Level: 14
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE ALEXANDER CONDO
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Elevator, Shabbat Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Tile
  • Furnished: Furnished
  • Living Area: 960
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 17
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass, Other Windows
  • Bedroom Features: Primary Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Intracoastal View, Ocean View
  • Exterior Features: None, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ALEXANDER
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry, Lobby Secured, Other, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 1305
  • Amenities: Bar, Bike Storage, Business Center, Laundry, Elevator(s), Exercise Room, Heated Pool, Hobby Room, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-14-019-1460
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4792

Multi Family

  • Maintenance Expense: 1305

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
Oct 10, 2022
Closed on
Feb 3, 2023
Sold by
Bought by
Seller's Agent
Sergio Vuguin
Inmobiliata, LLC
Buyer's Agent
Claudia Holguin
One Stop Realty, Holguin Group
List Price
$540,000
Sold Price
$510,000
Premium/Discount to List
-$30,000
-5.56%
Views
31
Current Estimated Value
$555,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,895
Avg. Annual Appreciation
2.49%
Original Mortgage
$357,000
Outstanding Balance
$341,713
Interest Rate
6.15%
Mortgage Type
Construction
Estimated Equity
$214,182

Purchase Details

Closed on
Jun 29, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 8, 2005
Sold by
Bought by

Purchase Details

Closed on
May 16, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$510,000 South Florida Title
-- Attorney
-- --
-- --
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 $357,000
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
02/27/2023 02/27/23 Sold $510,000 -3.8% $531 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/06/2022 12/06/22 Price Changed $530,000 -1.9% $552 / Sq Ft
10/10/2022 10/10/22 For Sale $540,000 +68.8% $563 / Sq Ft
06/29/2020 06/29/20 Sold $320,000 -11.1% $333 / Sq Ft View Prior Sale
05/30/2020 05/30/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $360,000 -- $375 / Sq Ft
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 $7,530 $401,404
2024 $6,494 $422,530
2023 $6,494 $300,316 $0 $0
2022 $5,506 $273,015 $0 $0
2021 $4,792 $248,196 $0 $0
2020 $5,587 $288,600 $0 $0
2019 $6,821 $352,000 $0 $0
2018 $6,619 $352,000 $0 $0
2017 $6,871 $351,499 $0 $0
2016 $6,399 $319,545 $0 $0
2015 $6,176 $290,496 $0 $0
2014 $5,557 $264,088 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11285975

MIAMI REALTORS® MLS

APN: 02-3214-019-1460

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