$600,000
SOLD FEB 18, 2022

5640 Collins Ave Unit 7B Miami Beach, FL 33140

Oceanfront Neighborhood
2 Beds
2 Baths
1,935 Sq Ft
$1,034/mo HOA Fee

Recently Sold

$310 Per Sq Ft

912 Days on Market

Highlights

  • Main Floor Bedroom
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Enclosed Glass Porch
  • North Beach Elementary School Rated A-
  • Formal Dining Room
  • Storage Room

About This Home

As of February 2022

Boat dock rental available. Up to 30 ft. $12.50 per foot per month. Water & electric included. PRICE FIRM!! Spacious white on white glass wrapped end unit in boutique waterfront property. 1935 sq. ft. Intracoastal & ocean views. White marble floors. End windows. Ashley boasts private, tranquil back yard, on site janitor, guest parking & more. Do not eliminate this from your viewing! Pristine living. High impact windows, assessments done, work completed. NO RENTING 1st 2 years. Enjoy the Enclosed balcony w/ full glass windows or convert to open balcony. This building a “One of a Kind”. 1 PARKING. No gym, no reserves.

Last Agent to Sell the Property

Debi Quade

Cervera Real Estate Inc. License #0199513 Listed on: 06/05/2019

Cervera Real Estate Inc.

Last Buyer's Agent

Menachem Fellig

Compass Florida, LLC License #3291623

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,316

Year Built

  • 1967

HOA Fees

  • $1,034 per month

Parking

  • 1

Interior Spaces

  • Formal Dining Room
  • Storage Room

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Jetted Tub and Shower Combination in Primary Bathroom

Outdoor Features

  • Enclosed Glass Porch

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,316

Year Built

1967

Lot Details

0

HOA Fees

$1,034 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Directions: Collins Ave. Miami Beach to 56th Street. Bldg. Between 56 and 57th west side of Collins. Guest parking.
  • Garage Yn: Yes
  • Habitable Residence: No
  • Horses: No
  • Inclusions: Other, Dock Available,Electric Available,Up to 30 Ft Boat,Water Available
  • Master Model: Large 2/2
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ASHLEY APTARTMENTS,ASHLEY APTS CONDO
  • Year Built Details: Resale
  • Special Features: None
  • Year Built: 1967

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Glassed Porch, Other, Storage Room
  • Master Bathroom Features: Combination Tub & Shower, Whirlpool/Spa
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Marble, Tile
  • Furnished: Unfurnished
  • Interior Amenities: Lobby, First Floor Entry, Built-in Features, Closet Cabinetry, Pantry, Chandelier To Be Replaced, Walk-In Closet(s), Other, Storage
  • Possible Use: Primary
  • Stories: 8
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass

Exterior Features

  • Exterior Features: East Of Us1
  • View: Intracoastal View, Ocean View, Water View
  • Construction Type: Concrete Block Construction
  • Direction Faces: East
  • Patio And Porch Features: Glass Enclosed
  • Pool Private: No
  • Waterfront Features: Intracoastal Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: 1 Space, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Phone Entry, Lobby Secured, TV Camera

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Condo/Co-op/Association

  • Amenities: Laundry, Elevator(s), Library, Exterior Lighting, Pool
  • Association Fee: 1034
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Restrictions Or Possible Restrictions
  • Senior Community: Yes

Lot Info

  • Lot Size Sq Ft: 1935

Multi Family

  • Maintenance Expense: 1034
  • Number Of Units In Community: 28
  • Number Of Units Total: 28

Tax Info

  • Tax Annual Amount: 9537
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Feb 18, 2022
Sold by
Sira International Llc
Bought by
Baron Yechiel Ephraim and Pinchasov Shterna Sara
Seller's Agent
Debi Quade
Cervera Real Estate Inc.
Buyer's Agent
Menachem Fellig
Compass Florida, LLC
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$480,000
Outstanding Balance
$447,409
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$431,394

Purchase Details

Listed on
Dec 13, 2013
Closed on
Mar 13, 2014
Sold by
Rachlin Michaele and Navarro Carlos
Bought by
Sira International Llc
Seller's Agent
Debi Quade
Cervera Real Estate Inc.
Buyer's Agent
Alessandra Faria
MMLS Assoc.-Inactive Member
List Price
$439,000
Sold Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
Nov 4, 2004
Sold by
Davis Judy
Bought by
Bieley Peggy

Purchase Details

Closed on
Jun 21, 2002
Sold by
Michaele Rachlin I
Bought by
Rachlin Michaele and Navarro Carlos

Purchase Details

Closed on
Jun 17, 2002
Sold by
Victor R Ortegon I
Bought by
Rachlin Michaele

Purchase Details

Closed on
Apr 1, 1996
Sold by
Cooper Stanley and Reardon Jack
Bought by
Ortegon Victor R and Mcgovern Amanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $600,000 Marili Cancio Johnson Pa
Warranty Deed $439,000 Attorney
Interfamily Deed Transfer $78,500 --
Quit Claim Deed -- --
Warranty Deed $350,000 --
Warranty Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $132,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Rent $5,900 0.0% --
08/04/2025 08/04/25 For Sale $895,000 +49.2% $463 / Sq Ft
02/18/2022 02/18/22 Sold $600,000 +21328.6% $310 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
08/15/2019 08/15/19 Rented $2,800 -99.5% --
08/02/2019 08/02/19 Under Contract -- -- --
06/03/2019 06/03/19 For Sale $599,000 0.0% $310 / Sq Ft
05/30/2019 05/30/19 For Rent $2,800 0.0% --
03/18/2014 03/18/14 Sold $439,000 0.0% $227 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
12/13/2013 12/13/13 For Sale $439,000 0.0% $227 / Sq Ft
01/28/2013 01/28/13 Rented $2,700 -1.8% --
12/29/2012 12/29/12 Under Contract -- -- --
12/17/2012 12/17/12 For Rent $2,750 -- --
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 $8,316 $493,240 -- --
2024 $9,321 $483,750 -- --
2023 $9,321 $493,240 $0 $0
2022 $8,493 $493,236 $0 $0
2021 $8,818 $456,700 $0 $0
2020 $8,842 $456,700 $0 $0
2019 $10,350 $534,118 $0 $0
2018 $9,537 $534,118 $0 $0
2017 $8,882 $447,409 $0 $0
2016 $8,577 $406,736 $0 $0
2015 $7,326 $369,760 $0 $0
2014 $7,981 $328,091 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10684412

MIAMI REALTORS® MLS

APN: 02-3214-005-0220