$498,533 - $724,000
RENTED MAY 15, 2025

5600 Collins Ave, Unit 7B Miami Beach, FL 33140

Oceanfront Neighborhood
2 Beds
2 Baths
1,190 Sq Ft
$501 Price per Sq Ft

About This Home

Furnished condo right on Collins Ave on the Millionaire's Row!! This beautiful unit features 2 bed, 2 bath, a spacious and bright dining & living area, and a large balcony facing east so you can enjoy the beautiful sunrise Miami has to offer. One assigned valet parking, AC and basic cable and internet included! THIS IS A MUST SEE!! Resort-style building featuring amenities like state-of-the-art fitness center, pool with cabanas, lounge with card/billiards room, pool table, high-speed cabling Internet (included in the maintenance), barbecue area, a restaurant, 24/7 doorman, valet, and marina.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
Apr 24, 2025
Sold by
Fuong James and Fuong Patricia
Bought by
James Foung Revocable Trust
Seller's Agent
Nivaldo Soria
South Florida Investments
Buyer's Agent
Vene Giufurta
Gary Hennes Realtors
Sold Price
$3,350
Views
2
Current Estimated Value
$596,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,283

Purchase Details

Closed on
May 29, 2012
Sold by
Lam Limited Partnership
Bought by
Foung James and Foung Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2000
Sold by
National Omni Asscs Lp
Bought by
Lam Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,368
Interest Rate
7.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 Buyer Sale Price Title Company
James Foung Revocable Trust -- --
Foung James $238,000 Attorney
Lam Limited Partnership $136,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foung James $178,500
Previous Owner Lam Limited Partnership $109,368
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Rented $3,350 -4.3% --
04/30/2025 04/30/25 Under Contract -- -- --
04/17/2025 04/17/25 For Rent $3,500 -- --

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 $5,345 $299,580 -- --
2023 $5,345 $272,346 $0 $0
2022 $4,652 $247,588 $0 $0
2021 $4,426 $229,248 $0 $0
2020 $4,625 $238,900 $0 $0
2019 $5,132 $264,810 $0 $0
2018 $4,980 $264,810 $0 $0
2017 $5,043 $264,810 $0 $0
2016 $5,527 $280,667 $0 $0
2015 $5,328 $255,152 $0 $0
2014 $4,797 $231,957 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nivaldo Soria

    Seller's Agent in 2025

    Nivaldo Soria

    South Florida Investments

    (305) 219-8343

    31 in this area

    183 Total Sales

    Nivaldo Soria
    Section Image
  • Vene Giufurta

    Buyer's Agent in 2025

    Vene Giufurta

    Gary Hennes Realtors

    (305) 962-2357

    1 in this area

    16 Total Sales

    Vene Giufurta
    Section Image
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About This Building

Map

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5600 Collins Ave Unit 7B, Miami Beach, FL

This home is located at 5600 Collins Ave Unit 7B, Miami Beach, FL 33140 and is currently estimated at $596,633, approximately $501 per square foot. 5600 Collins Ave Unit 7B is a home 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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