$410,000
SOLD JUL 10, 2013

5225 Collins Ave Unit 1606 Miami Beach, FL 33140

Oceanfront Neighborhood
2 Beds
2 Baths
960 Sq Ft
$821/mo HOA Fee

Recently Sold

$427 Per Sq Ft

3% Below List Price

72 Days on Market

Highlights

  • Valet Parking
  • Marina
  • Dock Available
  • North Beach Elementary School Rated A-
  • Ocean Front
  • Community Cabanas

About This Home

As of May 2025

High floor ocean views from the 16th floor. Open balcony, furnished condo. Maintenance fees include condo reserves, electricity, air conditioning, parking, hot water, wi-fi, cable, etc. Hotel services available such as rental program, valet, concierge, maid service, food room service, beauty salon, boat docks, poolside bar and grill, two lagoon shaped heated swimming pools, Shula's Steakhouse, business center, children play area.

Last Agent to Sell the Property

Miriela Marcos

Marcos Real Estate Svcs, Inc. License #0375931 Listed on: 03/06/2013

Last Buyer's Agent

Giovanni Marzilli

Beachfront Realty Inc License #0697951

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1962

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $821 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

  • Ocean
  • Pool

Home Design

  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Dock Available
  • Balcony

Utilities

  • 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 Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 17-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Community Kitchen
  • Business Center
  • Bar or Lounge
  • Laundry Facilities
  • Lobby

Recreation

  • Marina
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Heated Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Private Guards
  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,200

Year Built

Built in 1962

Lot Details

0

HOA Fees

$821 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Split Level
  • Directions: ON THE OCEAN SIDE OF COLLINS AVE AND 52 ST.
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Dock Available
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Alexander
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor, Tile
  • Furnished: Furnished
  • Living Area: 960
  • Possible Use: Secondary
  • Stories: 17
  • Window Features: Blinds
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View, Pool Area View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Alexander
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Covered, Valet, No Rv/Boats

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Secured Garage/Parking, Guard At Site, Private Guards

Condo/Co-op/Association

  • Association Fee: 821
  • Amenities: Bar, Business Center, Cabana, Laundry, Exercise Room, Heated Pool, Kitchen Facilities, Exterior Lighting, Marina, Child Play Area, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-019-0760
  • Lot Size Sq Ft: 960
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 821
  • Number Of Units In Community: 230
  • Number Of Units Total: 230

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5200

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%

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
1.80%

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

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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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1757399

MIAMI REALTORS® MLS

APN: 02-3214-019-0760