NOT LISTED FOR SALE

Royal Embassy 5750 Collins Ave Unit 16F Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $751,367

2 Beds
2 Baths
1,515 Sq Ft
1968 Built

Last Sold May 18, 2023

Last sale price $600,000 $396 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,986/month

179 Days on Market

Highlights

  • Valet Parking
  • Ocean View
  • Dock Available
  • North Beach Elementary School Rated A-
  • Property has ocean access
  • Home fronts navigable water

About This Home

As of May 2023

Views, views, and more stunning views from this gorgeously renovated 2 beds/2 baths 16th-floor apartment in the heart of Millionaire's Row. It has unobstructed views of Biscayne Bay, Miami's skyline to the West, and mesmerizing views of Miami Beach to the North and East. You can enjoy spectacular sunsets from the wrap around ample balcony. The floor-to-ceiling windows provide lots of natural light. The large master bedroom features a spa-like bathroom and a dream-like walk-in-closet. The 2nd bedroom is spacious and features a custom-made closet. The kitchen has been renovated and equipped with high-end SS appliances and plenty of counter space. Full-service building offer great amenities. A/C is included in maintenance. Access to the beach is right across Collins. Come, see, stay!

Last Listed By

Magali Iglesias

BHHS EWM Realty License #3290800 Listed on: 04/22/2022

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,227

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • Northwest Facing Home

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,515 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Dock Available

Schools

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

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-041-0780

Community Details

Overview

  • Property has a Home Owners Association
  • 16 Units
  • Royal Embassy Condos
  • Royal Embassy Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 17-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Trash Chute
  • Community Kitchen
  • Billiard Room
  • Recreation Room
  • Laundry Facilities
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $981

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,227

Year Built

Built in 1968 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Set up your GPS to 5750 Collins Ave. If coming from South of Collins, make a left turn right into the building's ramp on 57th street. Give the key to the valet.
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Unrestricted Salt Water Access, Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ROYAL EMBASSY CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Custom Mirrors, Stacked Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Other, Wood
  • Furnished: Partially, Unfurnished
  • Living Area: 1515
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 17
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Canal Front, Creek, Navigable Water, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ROYAL EMBASSY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Alarm, Smoke Detector, Elevator Secure, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Amenities: Bike Storage, Billiard Room, Laundry, Exercise Room, Storage, Heated Pool, Hobby Room, Kitchen Facilities, Child Play Area, Pool, Sauna, Trash Chute
  • 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: 02-32-11-041-0780
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 981
  • Number Of Units In Community: 16

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Alvarez Fredy M
Bought by
Rodriguez Maria L and Alvarez Maria L
Total Days on Market
179
Current Estimated Value
$751,367

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 17, 2023
Sold by
Goncalves Da Silva Maria Luiza
Bought by
Alvarez Fredy M and Alvarez Maria L
Seller's Agent
Magali Iglesias
BHHS EWM Realty
Buyer's Agent
Magali Iglesias
BHHS EWM Realty
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$235,000
Interest Rate
6.39%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 16, 2023
Sold by
Goncalves Maria Waleska Valero
Bought by
Goncalves Natacha Soraya Valer and Alvarez Maria L
Seller's Agent
Magali Iglesias
BHHS EWM Realty
Buyer's Agent
Magali Iglesias
BHHS EWM Realty
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.39%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 8, 2023
Sold by
Miller Jorge M
Bought by
Alvarez Fredy M and Alvarez Maria L
Seller's Agent
Magali Iglesias
BHHS EWM Realty
Buyer's Agent
Magali Iglesias
BHHS EWM Realty
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.39%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 23, 2004
Sold by
Beck Robin
Bought by
Miller Jorge M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 26, 1994
Sold by
Brower Jay and Brower Alice
Bought by
Beck Robin

Range of Values:

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Average Value
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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
Rodriguez Maria L -- None Listed On Document
Alvarez Fredy M -- None Listed On Document
Goncalves Natacha Soraya Valer -- None Listed On Document
Alvarez Fredy M $600,000 None Listed On Document
Alvarez Fredy M $600,000 None Listed On Document
Miller Jorge M $375,000 Home Banc Title Partners Llc
Beck Robin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Fredy M $235,000
Previous Owner Alvarez Fredy M $235,000
Previous Owner Miller Jorge M $300,000
Previous Owner Miller Jorge M $333,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $600,000 -4.0% $396 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $625,000 0.0% $413 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/08/2022 07/08/22 Price Changed $625,000 0.0% $413 / Sq Ft
07/08/2022 07/08/22 For Sale $625,000 -7.4% $413 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $675,000 -- $446 / 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
2024 $9,364 $495,550 -- --
2023 $9,364 $495,550 $0 $0
2022 $4,431 $277,053 $0 $0
2021 $4,403 $268,984 $0 $0
2020 $4,346 $265,271 $0 $0
2019 $4,235 $259,307 $0 $0
2018 $4,013 $254,473 $0 $0
2017 $3,969 $249,239 $0 $0
2016 $3,954 $244,113 $0 $0
2015 $4,003 $242,417 $0 $0
2014 $4,070 $240,494 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Magali Iglesias

    Seller's Agent in 2023

    Magali Iglesias

    BHHS EWM Realty

    (973) 452-2267

    1 in this area

    38 Total Sales

    Magali Iglesias
    Section Image
See All Agents

About Royal Embassy

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11192119

MIAMI REALTORS® MLS

APN: 02-3211-041-0780

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5750 Collins Ave Unit 16F, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 5750 Collins Ave Unit 16F, Miami Beach, FL 33140 since 22 April 2022 and is currently priced at $751,367, approximately $495 per square foot. This property was built in 1968. 5750 Collins Ave Unit 16F is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

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.

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