Pavillion Condo 5601 Collins Ave Unit 1720 Miami Beach, FL 33140
Oceanfront Neighborhood
2
Beds
2
Baths
1,290
Sq Ft
$1,438/mo
HOA Fee
Highlights
- Valet Parking
- Ocean Front
- Fitness Center
- North Beach Elementary School Rated A-
- Community Cabanas
- Clubhouse
About This Home
As of December 2024WOW! Reduced for quick sale. 2 bed plus a den or office. Walk the shore at sunrise as the Atlantic ocean wakes up to you. Paradise found on Millionaire Row. This flawless, renovated open concept masterpiece looks out on the sparkling ocean waters and Miami city views. Huge apartment with third den/bedroom. Sleeps 9! Fully furnished! Motivated seller says sell. Italian marble. 2 bed plus a possible den or office. NEW appliances. Airbnb, short term rentals min 7 days allowed. Can be sold furnished. Spa, gym, pool, security, valet, cable, WiFi all included. Buyer pays assessments. 40 yr certification completed & impact windows. No doc loans possible for qualified buyers. Wholesale financing available for qualified buyers starting rates at 4.875% or $4116 per month P&I.
Last Agent to Sell the Property
Keller Williams Eagle Realty License #3014133 Listed on: 06/06/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,689
Year Built
- Built in 1968
HOA Fees
- $1,438 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Property Views
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 1,290 Sq Ft Home
- Den
- Ceramic Tile Flooring
- Washer and Dryer Hookup
Kitchen
- Electric Range
- Ice Maker
- Dishwasher
- Cooking Island
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Shower Only
Home Security
Outdoor Features
- Property has ocean access
Schools
- North Beach Elementary School
- Nautilus Middle School
- Miami Beach High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Ocean Front
- East of U.S. Route 1
Listing and Financial Details
- Assessor Parcel Number 02-32-11-062-2600
Community Details
Overview
- High-Rise Condominium
- The Pavilion Condo
- The Pavilion Condo Subdivision
- 18-Story Property
Amenities
- Valet Parking
- Community Barbecue Grill
- Clubhouse
- Billiard Room
- Community Center
- Party Room
- Laundry Facilities
- Secure Lobby
- Interior Hall
- Bike Room
- Elevator
Recreation
- Community Cabanas
Pet Policy
- No Pets Allowed
Security
- Card or Code Access
- Secure Elevator
- High Impact Door
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2024
Closed on
Dec 4, 2024
Sold by
Stio Diana M and Lanier Vincent M
Bought by
Tafb Real Estate Llc
Seller's Agent
Michael Marks
Keller Williams Eagle Realty
Buyer's Agent
Paola Peccoud
Avanti Way Realty LLC
List Price
$1,150,000
Sold Price
$680,000
Premium/Discount to List
-$470,000
-40.87%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,618
Avg. Annual Appreciation
10.89%
Original Mortgage
$476,000
Outstanding Balance
$473,105
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$253,395
Purchase Details
Closed on
Mar 13, 2017
Sold by
Stio Raul Carlos and Stio Diana M
Bought by
Stio Diana M
Purchase Details
Closed on
May 28, 2013
Sold by
Diaz Jose R and Diaz Tania
Bought by
Stio Raul Carlos and Stio Diana M
Purchase Details
Closed on
Oct 11, 2002
Sold by
Folchi Eduardo
Bought by
Diaz Jose R and Diaz Tania A
Purchase Details
Closed on
May 3, 2001
Sold by
Antoinette Nobile I
Bought by
Folchi Eduardo A
Purchase Details
Closed on
Oct 26, 2000
Sold by
Alberto and Gateno Lucy
Bought by
Nobile Antoinette
Purchase Details
Closed on
Jun 9, 1994
Sold by
Crescent Hgts 40 Inc
Bought by
Gateno Alberto and Gateno Lucy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.27%
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $680,000 | Folio Title | |
| Warranty Deed | $680,000 | Folio Title | |
| Warranty Deed | $680,000 | Folio Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $509,000 | Biltmore Title Corp | |
| Warranty Deed | $285,000 | -- | |
| Warranty Deed | $288,333 | -- | |
| Warranty Deed | $186,000 | -- | |
| Deed | $157,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $476,000 | New Conventional | |
| Closed | $476,000 | New Conventional | |
| Previous Owner | $437,500 | New Conventional | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $126,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Sold | $680,000 | -1.4% | $527 / Sq Ft |
| 08/13/2024 08/13/24 | Price Changed | $690,000 | +6.2% | $535 / Sq Ft |
| 07/30/2024 07/30/24 | Price Changed | $650,000 | -18.6% | $504 / Sq Ft |
| 07/18/2024 07/18/24 | Price Changed | $799,000 | -4.4% | $619 / Sq Ft |
| 07/18/2024 07/18/24 | Price Changed | $836,000 | -1.2% | $648 / Sq Ft |
| 07/15/2024 07/15/24 | Price Changed | $846,000 | -1.2% | $656 / Sq Ft |
| 07/10/2024 07/10/24 | Price Changed | $856,000 | -1.2% | $664 / Sq Ft |
| 07/08/2024 07/08/24 | Price Changed | $866,000 | -1.1% | $671 / Sq Ft |
| 07/03/2024 07/03/24 | Price Changed | $876,000 | -1.1% | $679 / Sq Ft |
| 06/28/2024 06/28/24 | Price Changed | $886,000 | -5.0% | $687 / Sq Ft |
| 06/25/2024 06/25/24 | Price Changed | $933,000 | -5.1% | $723 / Sq Ft |
| 06/13/2024 06/13/24 | Price Changed | $983,000 | -5.0% | $762 / Sq Ft |
| 06/11/2024 06/11/24 | Price Changed | $1,035,000 | -5.0% | $802 / Sq Ft |
| 06/10/2024 06/10/24 | Price Changed | $1,090,000 | -5.2% | $845 / Sq Ft |
| 06/06/2024 06/06/24 | For Sale | $1,150,000 | -- | $891 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $8,871 | $590,250 | -- | -- |
| 2024 | $7,689 | $408,113 | -- | -- |
| 2023 | $7,689 | $371,012 | $0 | $0 |
| 2022 | $6,337 | $337,284 | $0 | $0 |
| 2021 | $6,030 | $312,300 | $0 | $0 |
| 2020 | $6,046 | $312,300 | $0 | $0 |
| 2019 | $5,756 | $297,040 | $0 | $0 |
| 2018 | $5,942 | $316,000 | $0 | $0 |
| 2017 | $6,557 | $333,361 | $0 | $0 |
| 2016 | $6,327 | $303,056 | $0 | $0 |
| 2015 | $6,126 | $275,506 | $0 | $0 |
| 2014 | $5,089 | $250,460 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Michael Marks
Keller Williams Eagle Realty
(305) 495-2633
1 in this area
63 Total Sales
-
Buyer's Agent in 2024
Paola Peccoud
Avanti Way Realty LLC
(309) 930-1363
2 in this area
21 Total Sales
About Pavillion Condo
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11602277
APN: 02-3211-062-2600
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