NOT LISTED FOR SALE

Estimated Value: $847,038

2 Beds
2.5 Baths
1,940 Sq Ft
1968 Built

Sale Details

Date Sold: May 23, 2023

Last sale price $697,000 $359 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,877 / mo

100 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Private Dock
  • North Beach Elementary School Rated A-
  • Property has ocean access
  • Property fronts an intracoastal waterway

About This Home

As of May 2023

A very ample Miami Beach condo with 1,940 SF and a very open floorplan, that offers two bedrooms and two and a half bathrooms, with a beautiful terrace overlooking the intracoastal. 5700 Collins is located on Miami Beach’s Millionaire’s Row, with easy access to the beach on the other side of Collins and just 18 mins away from Miami International Airport and a short drive from all major surrounding Miami neighborhoods including South Beach, Downtown, Design District, Wynwood and Brickell.
The unit is the largest in the building and some owners have converted to 3 bedrooms or added an office. There are some renderings available for a kitchen remodel and bathrooms as well that can be shared upon request. Special assessment of $698.49/mo as of August 1st.

Last Agent to Sell the Property

Luis Cardenas

A G Real Estate Services, Inc. License #3221147 Listed on: 12/05/2022

Last Buyer's Agent

Luis Cardenas

A G Real Estate Services, Inc. License #3221147 Listed on: 12/05/2022

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,341

Year Built

  • Built in 1968

HOA Fees

  • $2,494 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

Home Design

  • Entry on the 9th floor

Interior Spaces

  • 1,940 Sq Ft Home
  • Combination Dining and Living Room
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Property has ocean access
  • Private Dock
  • Courtyard
  • Outdoor Grill

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-065-1370

Community Details

Overview

  • 171 Units
  • High-Rise Community
  • Seacoast 5700 Condos
  • Seacoast 5700 Condo Subdivision
  • 16-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Business Center
  • Community Center
  • Party Room
  • Intercom to Front Desk
  • Secure Lobby
  • Elevator

Recreation

  • Community Boat Dock

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,341

Year Built

Built in 1968

Lot Details

0 Sq Ft Lot

HOA Fees

$2,494 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock, Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SEACOAST 5700 CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: First Floor Entry, Elevator, Fire Sprinklers, Handicap Accessible, Walk-In Closet(s)
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1940
  • Possible Use: Primary
  • Stories: 16
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Intracoastal View, Ocean View, Skyline, Water View
  • Exterior Features: Barbeque, Courtyard
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Seacoast 5700
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Doorman, Elevator Secure, Secured Garage/Parking, Guard At Site, Intercom In Lobby, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 2494
  • Amenities: Boat Dock, Barbecue, Business Center, Community Room, Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-11-065-1370
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11341

Multi Family

  • Number Of Units In Community: 171
  • Number Of Units Total: 171

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
Dec 5, 2022
Closed on
May 23, 2023
Sold by
Borras Manuel
Bought by
Seller's Agent
Luis Cardenas
A G Real Estate Services, Inc.
Buyer's Agent
Luis Cardenas
A G Real Estate Services, Inc.
List Price
$870,000
Sold Price
$697,000
Premium/Discount to List
-$173,000
-19.89%
Views
72
Current Estimated Value
$847,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,038
Avg. Annual Appreciation
6.05%
Original Mortgage
$522,750
Outstanding Balance
$444,273
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$402,765

Purchase Details

Closed on
Jun 16, 2000
Sold by
Igt Services Inc
Bought by
Rodriguez Ricardo B

Purchase Details

Closed on
Aug 19, 1997
Sold by
Suncoast Towers V Associates
Bought by
Igt Svcs Inc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$697,000 Marrero Escrow & Title
Rodriguez Ricardo B $220,000 --
Igt Svcs Inc $285,000 --
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
Open $522,750
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
05/23/2023 05/23/23 Sold $697,000 -7.1% $359 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
02/16/2023 02/16/23 Price Changed $750,000 -6.3% $387 / Sq Ft
01/13/2023 01/13/23 Price Changed $800,000 -4.2% $412 / Sq Ft
12/29/2022 12/29/22 Price Changed $835,000 -4.0% $430 / Sq Ft
12/05/2022 12/05/22 For Sale $870,000 -- $448 / Sq Ft
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 $10,656 $609,631
2024 $12,749 $592,450
2023 $12,749 $663,960 $0 $0
2022 $11,341 $603,600 $0 $0
2021 $11,654 $603,600 $0 $0
2020 $11,685 $603,600 $0 $0
2019 $10,633 $548,700 $0 $0
2018 $10,019 $590,000 $0 $0
2017 $9,557 $455,349 $0 $0
2016 $9,068 $413,954 $0 $0
2015 $8,107 $376,322 $0 $0
2014 $7,571 $342,111 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11310923

MIAMI REALTORS® MLS

APN: 02-3211-065-1370

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