$500,000
SOLD MAY 20, 2025

5225 Collins Ave Unit 1606 Miami Beach, FL 33140

Oceanfront Neighborhood
2 Beds
2 Baths
960 Sq Ft
$1,808/mo HOA Fee

Recently Sold

$521 Per Sq Ft

18% Below List Price

111 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Bar or Lounge
  • North Beach Elementary School Rated A-
  • Community Cabanas
  • Fitness Center

About This Home

As of May 2025

Remodeled unit with ocean view from the 16th floor. Daily rentals allowed and hotel rental program available. 2 bedroom, 2 bath, open balcony, steps from the beach. Association fees includes electricity, A/C, cable, Wi-Fi, pest control, valet parking, security, etc. Two swimming pools, full liquor poolside bar, restaurant, boat dock available, coffee/dessert/wineshop... Easy to show. Please TXT listing agent.

Last Agent to Sell the Property

Diana Espinal Acevedo

LPT Realty, LLC Brokerage Phone: 305-587-3699 License #3542043 Listed on: 01/29/2025

LPT Realty, LLC

Last Buyer's Agent

Diana Espinal Acevedo

LPT Realty, LLC Brokerage Phone: 305-587-3699 License #3542043 Listed on: 01/29/2025

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,626

Year Built

  • Built in 1962

HOA Fees

  • $1,808 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

  • Direct Ocean
  • Canal

Home Design

  • Condo Hotel
  • Entry on the 16th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 960 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-019-0760

Community Details

Overview

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

Amenities

  • Valet Parking
  • Bar or Lounge
  • Laundry Facilities
  • Lobby
  • Interior Hall
  • Elevator

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Secure Elevator
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,626

Year Built

Built in 1962

Lot Details

0

HOA Fees

$1,808 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: THE ALEXANDER CONDO,THE ALEXANDER
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-587-3699
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, Lobby, First Floor Entry, Closet Cabinetry, Elevator, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Furnished, Furniture Negotiable
  • Living Area: 960
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 17
  • Window Features: Blinds, High Impact Windows, Sliding
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: 2 Primary Bathrooms, Shower Only

Exterior Features

  • View: Canal, Ocean View, Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Elevator Secure, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1808
  • Amenities: Bar, Bike/Jog Path, Cabana, Laundry, Elevator(s), Exercise Room, Pool, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 02-32-14-019-0760
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 230

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
May 20, 2025
Sold by
Carlotta Llc
Bought by
Scm Group Llc
Seller's Agent
Diana Espinal Acevedo
LPT Realty, LLC
Buyer's Agent
Diana Espinal Acevedo
LPT Realty, LLC
List Price
$610,000
Sold Price
$500,000
Premium/Discount to List
-$110,000
-18.03%
Views
17
Current Estimated Value
$518,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,485
Avg. Annual Appreciation
11.63%

Purchase Details

Closed on
Jul 15, 2014
Sold by
Irigoyen Kenneth R and Irigoyen Estela
Bought by
Carlotta Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 6, 2013
Closed on
Jul 10, 2013
Sold by
Irigoyen Kenneth R and Irigoyen Estela
Bought by
Carlotta Llc
Seller's Agent
Miriela Marcos
Marcos Real Estate Svcs, Inc.
Buyer's Agent
Giovanni Marzilli
Beachfront Realty Inc
List Price
$423,000
Sold Price
$410,000
Premium/Discount to List
-$13,000
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%

Purchase Details

Closed on
Aug 17, 2005
Sold by
Amherst Alexander Llc
Bought by
Irigoyen Kenneth R and Irigoyen Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 9, 2000
Sold by
Sander Real Estate Investment Inc
Bought by
Amherst Alexander Llc
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $500,000 None Listed On Document
Warranty Deed -- Attorney
Warranty Deed $410,000 Attorney
Warranty Deed $525,000 --
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $205,000 Adjustable Rate Mortgage/ARM
Previous Owner $205,000 Adjustable Rate Mortgage/ARM
Previous Owner $219,770 Credit Line Revolving
Previous Owner $300,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $500,000 -18.0% $521 / Sq Ft
01/29/2025 01/29/25 For Sale $610,000 +48.8% $635 / Sq Ft
07/10/2013 07/10/13 Sold $410,000 -3.1% $427 / Sq Ft
05/18/2013 05/18/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $423,000 -- $441 / 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 $6,956 $370,811 -- --
2024 $6,626 $337,101 -- --
2023 $6,626 $306,456 $0 $0
2022 $5,618 $278,597 $0 $0
2021 $4,890 $253,270 $0 $0
2020 $5,827 $301,000 $0 $0
2019 $7,676 $396,100 $0 $0
2018 $7,412 $396,100 $0 $0
2017 $7,163 $357,340 $0 $0
2016 $7,632 $392,890 $0 $0
2015 $7,385 $360,151 $0 $0
2014 $6,652 $327,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Diana Espinal Acevedo

    LPT Realty, LLC

    (305) 587-3699

    1 in this area

    1 Total Sale

    Diana Espinal Acevedo
    Section Image
  • Miriela Marcos

    Seller's Agent in 2013

    Miriela Marcos

    Marcos Real Estate Svcs, Inc.

    (305) 951-3533

    23 in this area

    31 Total Sales

    Miriela Marcos
    Section Image

  • G

    Buyer's Agent in 2013

    Giovanni Marzilli

    Beachfront Realty Inc

    (305) 491-4022

    2 Total Sales

    Giovanni Marzilli
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11734849

MIAMI REALTORS® MLS

APN: 02-3214-019-0760

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5225 Collins Ave Unit 1606, Miami Beach, FL

This home is located at 5225 Collins Ave Unit 1606, Miami Beach, FL 33140 and is currently priced at $500,000, approximately $520 per square foot. This property was built in 1962. 5225 Collins Ave Unit 1606 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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