$447,500
SOLD DEC 5, 2016

5225 Collins Ave Unit 1508 Miami Beach, FL 33140

Oceanfront Neighborhood
2 Beds
2 Baths
960 Sq Ft
$1,156/mo HOA Fee

Recently Sold

$466 Per Sq Ft

10% Below List Price

110 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Community Cabanas
  • North Beach Elementary School Rated A-
  • Boat Dock
  • Bar or Lounge

About This Home

As of December 2016

High floor condo with ocean views at The Alexander. Open balcony, two swimming pools, gym, restaurant, full bar and amazing beach front. Pets OK. Condo fees include air conditioning and electricity.

Last Agent to Sell the Property

Miriela Marcos

Marcos Real Estate Svcs, Inc. License #0375931 Listed on: 06/24/2016

Last Buyer's Agent

Maru Porro

Urdapilleta Real Estate, LLC License #3247021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,924

Year Built

  • Built in 1962

HOA Fees

  • $1,156 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 960 Sq Ft Home
  • Furnished
  • Built-In Features

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-019-1010

Community Details

Overview

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

Amenities

  • Sauna
  • Business Center
  • Bar or Lounge
  • Laundry Facilities

Recreation

  • Boat Dock
  • Community Playground
  • Community Cabanas
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Complex Is Fenced
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,924

Year Built

Built in 1962

Lot Details

0

HOA Fees

$1,156 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: On the ocean side of Collins Ave.
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Alexander
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Bar, Built-in Features
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor, Tile
  • Furnished: Furnished
  • Living Area: 960
  • Possible Use: Investment
  • Stories: 17
  • Window Features: Impact Glass
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Alexander
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 1156
  • Amenities: Bar, Boat Dock, Business Center, Cabana, Laundry, Heated Pool, Exterior Lighting, Child Play Area, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-019-1010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 1156
  • Number Of Units In Community: 230
  • Number Of Units Total: 230

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Nov 21, 2016
Sold by
Delgado Jaime and Delgado Camille
Bought by
Rhayza Investments Llc
Seller's Agent
Miriela Marcos
Marcos Real Estate Svcs, Inc.
Buyer's Agent
Maru Porro
Urdapilleta Real Estate, LLC
List Price
$499,900
Sold Price
$447,500
Premium/Discount to List
-$52,400
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%

Purchase Details

Closed on
Sep 21, 2000
Sold by
A H 1508 Inc
Bought by
Delgado Jaime and Delgado Camille
Source: Public Records

Similar Homes in Miami Beach, FL

  • 5401 Collins Ave Unit 428, Miami Beach, FL 33140

    $499,000

    • 2 Beds
    • 2 Baths
    • 980 Sq Ft
    • 5401 Collins Ave
    • Unit 428
    • Miami Beach, FL

    Spectacular Direct Ocean views from this 2 Bedroom, 2 Bath apt, Updated Kitchen with new appliances. Oceanfront Building on Millionaires Row. The Carriage House has Completed the Building's Restoration, Exterior Painting and New Hurricane Impact Windows. SELLER PAID $65K ASSESSMENTS IN FULL! Luxurious Building with all Amenities, Oceanfront heated Pool with Jacuzzi, Sundeck, Garden Area, Fitness

    Lesley Hansen Beachfront Realty Inc

    Section Image
  • 5225 Collins Ave Unit 1409, Miami Beach, FL 33140

    $520,000

    • 2 Beds
    • 2 Baths
    • 960 Sq Ft
    • 5225 Collins Ave
    • Unit 1409
    • Miami Beach, FL

    MIAMI BEACH CONDO, Building completely Remodeled offers this Ample Split 2Bed & 2Bath Fully Furnished on the 14th Floor with OCEAN VIEW and INTRACOASTAL VIEW. No Rental Restrictions, this 4-Star Condo-hotel overlooks the Ocean and features 2 Outdoor Swimming Pools with a Tiki bar and have direct access to the Beach offering beach service. Another great services are: maid-service, Valet parking,

    Anabellia Chorny Re/Max Rex

    Section Image
  • 5401 Collins Ave Unit 412, Miami Beach, FL 33140

    $495,000

    • 2 Beds
    • 2 Baths
    • 980 Sq Ft
    • 5401 Collins Ave
    • Unit 412
    • Miami Beach, FL

    Location !! 2-bedroom, 2-bath unit on the 4th floor in a luxury oceanfront building on Millionaire’s Row. Enjoy stunning views of the ocean, pool, and garden. Building amenities include private beach access, pool, tennis courts, racquetball courts, jacuzzi, restaurant, oceanfront gym, hair salon, valet service, and assigned parking.

    Patricia Arriola Gables Gate Enterprises Inc.

    Section Image
  • 5701 Collins Ave Unit 1611, Miami Beach, FL 33140

    $525,000

    • 1 Bed
    • 2 Baths
    • 824 Sq Ft
    • 5701 Collins Ave
    • Unit 1611
    • Miami Beach, FL

    Welcome to the Arlen Beach Condominium, where luxury meets comfort in the heart of Mid Miami Beach! We are absolutely thrilled to announce the availability of a newly listed upgraded one-bedroom unit with a den and two full bathrooms. This exquisite property offers a perfect blend of elegance and functionality, ideal for those seeking a stylish sanctuary by the beach.Step inside this

    Richard Corrales Silverleaf Realty Group

    Section Image
  • 5838 Collins Ave Unit 15D, Miami Beach, FL 33140

    $429,000

    • 1 Bed
    • 1.5 Baths
    • 855 Sq Ft
    • 5838 Collins Ave
    • Unit 15D
    • Miami Beach, FL

    Welcome to your dream home in the heart of Miami Beach! This beautifully designed 1-bedroom, 1.5-bathroom residence offers a perfect blend of modern luxury and breathtaking views. Step into the open kitchen, where sleek granite countertops and high-quality stainless steel appliances create an inviting space for culinary creativity. The elegant porcelain tile flooring flows seamlessly throughout

    Richard Corrales Silverleaf Realty Group

    Section Image
  • 6770 Indian Creek Dr Unit T-E, Miami Beach, FL 33141

    $499,000

    • 2 Beds
    • 2 Baths
    • 1,326 Sq Ft
    • 6770 Indian Creek Dr
    • Unit T-E
    • Miami Beach, FL

    Luxury condo offering investment-ready income and elegant finishes. This 2-bed, 2-bath residence features travertine floors, an open-concept layout, and flexible living with a loft used as a second bedroom and a dining area converted from a bedroom. Overlooks the pool deck and is located in the heart of North Beach—just steps to the ocean, shopping, dining, and public transit. Tenant in place

    Laura Galvis Coldwell Banker Realty

    Section Image
  • 6855 Abbott Ave Unit 504, Miami Beach, FL 33141

    $395,000

    • 2 Beds
    • 2 Baths
    • 1,175 Sq Ft
    • 6855 Abbott Ave
    • Unit 504
    • Miami Beach, FL

    WALK TO BEACH.!! 2 BLOCKS FROM BEACH. Charming 2-bedroom, 2-bathroom recently updated with new flooring throughout and freshly painted. Unit in a prime location! Enjoy the convenience of being within walking distance to the beach, restaurants, shops, coffee houses, schools, and more. This unit offers a fantastic lifestyle in a desirable area. The property features a secure lobby, a community

    Carlos Caicedo RE/MAX Direct

    Section Image
  • 7135 Collins Ave Unit 1424, Miami Beach, FL 33141

    $489,000

    • 1 Bed
    • 2 Baths
    • 912 Sq Ft
    • 7135 Collins Ave
    • Unit 1424
    • Miami Beach, FL

    Welcome to The Burleigh House, where luxury meets coastal living! We are thrilled to present a stunning one-bedroom condo that boasts not only breathtaking direct ocean views but also the convenience of two full bathrooms—perfect for both relaxation and entertaining. Imagine sipping your morning coffee on the balcony, soaking in the serene sounds of the waves and the warm ocean breeze.

    Richard Corrales Silverleaf Realty Group

    Section Image
  • 2555 Collins Ave Unit 2404, Miami Beach, FL 33140

    $510,000

    • 1 Bed
    • 1.5 Baths
    • 848 Sq Ft
    • 2555 Collins Ave
    • Unit 2404
    • Miami Beach, FL

    Welcome to Unit 2414 at 2555 Collins Avenue, a charming 1-bedroom, 1-bathroom condo spanning 798 square feet in the esteemed Club Atlantis Condominium with breathtaking sunsets and expansive views. Conventional financing available in well run building that was recently updated! This residence offers a cozy living space with a private balcony, providing a serene retreat in the heart of Miami

    Wesley Ulloa Luxe Properties

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $447,500 Attorney
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Pending -- -- --
06/11/2025 06/11/25 Price Changed $440,000 -6.4% $458 / Sq Ft
05/15/2025 05/15/25 Price Changed $470,000 -5.1% $490 / Sq Ft
02/17/2025 02/17/25 Price Changed $495,000 -1.0% $516 / Sq Ft
01/21/2025 01/21/25 Price Changed $500,000 -9.1% $521 / Sq Ft
10/21/2024 10/21/24 For Sale $550,000 0.0% $573 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $550,000 0.0% $573 / Sq Ft
09/01/2022 09/01/22 Rented $4,200 -16.0% --
08/09/2022 08/09/22 For Rent $5,000 0.0% --
12/05/2016 12/05/16 Sold $447,500 -10.5% $466 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $499,900 -- $521 / 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
2025 $6,885 $367,033 -- --
2024 $6,559 $333,667 -- --
2023 $6,559 $303,334 $0 $0
2022 $5,561 $275,759 $0 $0
2021 $4,840 $250,690 $0 $0
2020 $5,643 $291,500 $0 $0
2019 $7,600 $392,200 $0 $0
2018 $7,334 $392,200 $0 $0
2017 $7,086 $353,491 $0 $0
2016 $7,174 $358,264 $0 $0
2015 $6,924 $325,695 $0 $0
2014 $6,230 $296,087 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10105975

MIAMI REALTORS® MLS

APN: 02-3214-019-1010