NOT LISTED FOR SALE

Arlen Beach 5701 Collins Ave Unit 521 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $591,942 - $700,000

2 Beds
2 Baths
1,070 Sq Ft
1969 Built

Last Sold January 02, 2020

Last sale price $375,000 $350 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,165/month

488 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Newly Remodeled
  • North Beach Elementary School Rated A-
  • Fitness Center
  • End Unit

About This Home

As of January 2020

Opportunity knocking to live in beautiful Millionaire Row. Corner unit with North East ocean views also Direct Ocean Views from 2nd bedroom. Convertible unit with 2 full bath, impact windows. Owner paid the full new special assessment that commenced June 1,2018 for 66 month. Make an apt easy to show.

Last Agent to Sell the Property

Susanita Ferro

Luxurious Living Realty, Inc. License #3013955 Listed on: 07/25/2018

Last Buyer's Agent

Galina Seleznev

Brickell Brokers LLC License #3269532

Brickell Brokers LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1969 | Newly Remodeled

Lot Details

  • End Unit

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Entry on the 5th floor
  • Stucco Exterior

Interior Spaces

  • 1,070 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-028-0510

Community Details

Overview

  • Property has a Home Owners Association
  • Arlen Beach Condo
  • Arlen Beach Condo Subdivision
  • Car Wash Area
  • 17-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Billiard Room
  • Business Center
  • Laundry Facilities
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Additional Features

  • Maintenance Expense $835
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,654

Year Built

Built in 1969 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ARLEN BEACH CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1070
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Secondary
  • Stories: 17
  • Bedroom Features: Entry Level, None

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: Stucco
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Doorman

Condo/Co-op/Association

  • Amenities: Billiard Room, Barbecue, Business Center, Laundry, Exercise Room, Storage, Pool, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-028-0510
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2654

Multi Family

  • Maintenance Expense: 835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Jan 2, 2020
Sold by
Pino Ines
Bought by
Nakam Pierre Luc and Nakam Arielle Belissa
Seller's Agent
Susanita Ferro
Luxurious Living Realty, Inc.
Buyer's Agent
Galina Seleznev
Brickell Brokers LLC
List Price
$525,000
Sold Price
$375,000
Premium/Discount to List
-$150,000
-28.57%
Current Estimated Value
$651,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,486
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Sep 20, 1996
Sold by
Goldberg Joann
Bought by
Pino Juan and Pino Ines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Nakam Pierre Luc $375,000 Attorney
Pino Juan $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pino Juan $110,640
Previous Owner Pino Juan $110,000
Previous Owner Pino Juan $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2020 01/02/20 Sold $375,000 -16.8% $350 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $450,900 -8.0% $421 / Sq Ft
06/25/2019 06/25/19 Price Changed $490,000 -1.0% $458 / Sq Ft
04/10/2019 04/10/19 Price Changed $495,000 -2.9% $463 / Sq Ft
01/24/2019 01/24/19 Price Changed $509,999 -0.2% $477 / Sq Ft
11/06/2018 11/06/18 Price Changed $510,900 -2.7% $477 / Sq Ft
07/25/2018 07/25/18 For Sale $525,000 -- $491 / Sq Ft
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 $9,057 $488,507 -- --
2024 $8,504 $455,468 -- --
2023 $8,504 $414,062 $0 $0
2022 $7,546 $376,420 $0 $0
2021 $6,607 $342,200 $0 $0
2020 $6,625 $342,200 $0 $0
2019 $2,842 $187,448 $0 $0
2018 $2,687 $183,953 $0 $0
2017 $2,654 $180,170 $0 $0
2016 $2,640 $176,465 $0 $0
2015 $2,672 $175,239 $0 $0
2014 $2,716 $173,849 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susanita Ferro

    Seller's Agent in 2020

    Susanita Ferro

    Luxurious Living Realty, Inc.

    (305) 815-8404

    12 in this area

    16 Total Sales

    Susanita Ferro
    Section Image

  • G

    Buyer's Agent in 2020

    Galina Seleznev

    Brickell Brokers LLC

    (305) 405-0615

    5 Total Sales

    Galina Seleznev
    Section Image
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About Arlen Beach

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10509866

MIAMI REALTORS® MLS

APN: 02-3211-028-0510

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5701 Collins Ave Unit 521, Miami Beach, FL

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