NOT LISTED FOR SALE

Pavillion Condo 5601 Collins Ave Unit 1208 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $623,607

2 Beds
1.5 Baths
930 Sq Ft
1968 Built

Sale Details

Date Sold: November 3, 2021

Last sale price $470,000 $505 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,737 / mo

65 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Built in 1968 | Newly Remodeled
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Balcony

About This Home

As of November 2021

Don't Miss this Breathtaking Direct Ocean View renovated 2 Bedroom/1.5 Bathroom with New Appliances. Income Producing Property Located on Millionaire's Row. Short term Rentals are Permitted. The City is Building a Board Walk behind the Building which will increment the prices of the Units. Property Features Outdoor Pool, Fitness center, Free Wifi in Rooms and Public Areas. Unit rented until December 2021.

Last Agent to Sell the Property

Paola Vargas

Affinity International Realty License #3269732 Listed on: 08/31/2021

Last Buyer's Agent

Ana Maria

Ocean Pavilion Realty Group LLC License #0653171

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,471

Year Built

  • Built in 1968 | Newly Remodeled

Lot Details

  • East Facing Home

HOA Fees

  • $644 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 12th floor

Interior Spaces

  • 930 Sq Ft Home
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Property has ocean access

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-062-1000

Community Details

Overview

  • High-Rise Community
  • Pavilion Condo
  • Pavilion Condo Subdivision
  • 15-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Secure Lobby

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,471

Year Built

Built in 1968 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$644 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Phone: 305-376-4145
  • Directions: The Pavilion Condo is located on "Millionaire's Row" in Mid Beach.The area is in high-demand due to the land being only a small strip between the Atlantic Ocean and Indian Creek. Docks and beach just walking distance from the site. Proprieties in Mid Beac
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Pavilion Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Elevator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 930
  • Possible Use: Investment
  • Stories: 15
  • Window Features: High Impact Windows
  • Bedroom Features: Entry Level

Exterior Features

  • View: Direct Ocean
  • Exterior Features: Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Pavilion Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Card Entry, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 644
  • Amenities: Barbecue, Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-062-1000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6471

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
Aug 31, 2021
Closed on
Nov 1, 2021
Sold by
Bought by
Seller's Agent
Paola Vargas
Affinity International Realty
Buyer's Agent
Ana Maria
Ocean Pavilion Realty Group LLC
List Price
$575,000
Sold Price
$470,000
Premium/Discount to List
-$105,000
-18.26%
Current Estimated Value
$623,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,607
Avg. Annual Appreciation
6.28%

Purchase Details

Listed on
Sep 1, 2015
Closed on
Mar 15, 2016
Sold by
Bought by
Seller's Agent
Max Picchiura
SOBE International Realty
Buyer's Agent
Rodrigo Fajardo
MMLS Assoc.-Inactive Member
List Price
$489,000
Sold Price
$393,000
Premium/Discount to List
-$96,000
-19.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Sep 11, 2013
Sold by
Bought by

Purchase Details

Closed on
May 15, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,950
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 28, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
7.82%

Purchase Details

Closed on
Jun 15, 1994
Sold by
Bought by
Source: Public Records
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

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
$470,000 Attorney
$393,000 Attorney
$270,800 None Available
$6,600 None Available
$500,000 Attorney
$143,000 --
$115,900 --
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
Previous Owner $49,950
Previous Owner $114,400
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
11/03/2021 11/03/21 Sold $470,000 -18.3% $505 / Sq Ft
08/30/2021 08/30/21 For Sale $575,000 0.0% $618 / Sq Ft
06/13/2016 06/13/16 Rented $2,400 -2.0% --
06/07/2016 06/07/16 Under Contract -- -- --
05/17/2016 05/17/16 Price Changed $2,450 -5.8% $3 / Sq Ft
05/03/2016 05/03/16 For Rent $2,600 0.0% --
03/31/2016 03/31/16 Sold $393,000 -6.4% $423 / Sq Ft View Prior Sale
03/01/2016 03/01/16 Pending -- -- --
01/13/2016 01/13/16 Price Changed $420,000 -12.3% $452 / Sq Ft
09/25/2015 09/25/15 Price Changed $479,000 -2.0% $515 / Sq Ft
09/01/2015 09/01/15 For Sale $489,000 0.0% $526 / Sq Ft
08/01/2014 08/01/14 Rented $2,600 0.0% --
07/02/2014 07/02/14 Under Contract -- -- --
04/07/2014 04/07/14 For Rent $2,600 -- --
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 $8,779 $473,977 -- --
2024 $8,356 $430,889 -- --
2023 $8,356 $391,718 $0 $0
2022 $6,691 $356,108 $0 $0
2021 $5,927 $306,990 $0 $0
2020 $6,604 $341,100 $0 $0
2019 $6,244 $322,200 $0 $0
2018 $6,732 $358,000 $0 $0
2017 $6,348 $333,330 $0 $0
2016 $6,409 $327,910 $0 $0
2015 $6,174 $298,100 $0 $0
2014 $5,506 $271,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Paola Vargas

    Affinity International Realty

    (305) 376-4145

    1 in this area

    7 Total Sales

    Paola Vargas
    Section Image

  • A

    Buyer's Agent in 2021

    Ana Maria

    Ocean Pavilion Realty Group LLC

    (305) 527-5497

    11 in this area

    15 Total Sales

    Ana Maria
    Section Image
  • Max Picchiura

    Seller's Agent in 2016

    Max Picchiura

    SOBE International Realty

    (305) 331-1119

    64 Total Sales

    Max Picchiura
    Section Image
  • David Salazar

    Seller Co-Listing Agent in 2016

    David Salazar

    Affinity International Realty

    (954) 740-3596

    35 Total Sales

    David Salazar
    Section Image

  • R

    Buyer's Agent in 2016

    Rodrigo Fajardo

    MMLS Assoc.-Inactive Member

    Section Image
See All Agents

About Pavillion Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11092049

MIAMI REALTORS® MLS

APN: 02-3211-062-1000

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5601 Collins Ave Unit 1208, Miami Beach, FL

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.