NOT LISTED FOR SALE

57 Ocean 5775 Collins Ave Unit 1505 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $2,979,000 - $3,960,000

2 Beds
2.5 Baths
1,176 Sq Ft
$1,772/mo HOA Fee

Last Sold April 15, 2022

Last sale price $3,300,000 $2,806 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $23,323/month

28 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Intracoastal View
  • North Beach Elementary School Rated A-
  • Fitness Center
  • New Construction

About This Home

As of April 2022

BRAND NEW! GORGEOUS TURN KEY 2 BEDS 2.5 BATHS MODEL RESIDENCE DESIGNED BY TOP RESTORATION HARDWARE AND POLIFORM DESIGNERS. With ONLY 71 Residences, 57 Ocean is one of the most gorgeous boutique buildings located in Miami Beach most exclusive area. White sand & pristine beach, 2 oceanfront pools, a dedicated staff, Chef kitchen, spa and other numerous amenities gives 57 Ocean an extraordinary advantage over any other buildings. You'll feel at home the moment you drive up and greeted by valet and concierge. This residence is furnished & decorated w/fine accent pieces, lamps, art, silk rugs, Italian wallpaper, bed linens & furniture. Poliform deigned the closets and other furniture pieces. The outdoor 12ft deep terrace fully finished by RH adds a relaxing outdoor living area for all to enjoy.

Last Agent to Sell the Property

Patricia Maurer

One Sotheby's International Realty License #0628235 Listed on: 03/17/2022

One Sotheby's International Realty

Co-Listed By

Christopher Jude

PGutman, LLC License #3335565

Last Buyer's Agent

Wendy Sanchez

Charles Rutenberg Realty Fort License #3442295

Charles Rutenberg Realty Fort

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,108

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 871

HOA Fees

  • $1,772 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,176 Sq Ft Home
  • Furnished
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Open Floorplan
  • Intracoastal Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-032-0580

Community Details

Overview

  • High-Rise Condominium
  • 57 Ocean Condos
  • 57 Ocean Subdivision
  • 19-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Community Kitchen
  • Business Center
  • Community Library
  • Lobby

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$43,108

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$1,772 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: FINR12
  • Co List Office Phone: 305-400-6393
  • Directions: 5775 Collins Avenue on the east/beach side. Valet is free.
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 57 OCEAN
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Elevator, Entrance Foyer, Roman Tub, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Furnished
  • Living Area: 1176
  • Possible Use: Unknown/Withheld
  • Stories: 19
  • Window Features: Blinds, Drapes
  • Bedroom Features: Master Bath Shower, Master Bath Tub
  • Dining Room Features: Family/Dining Combination, Kitchen Dining, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Intracoastal View
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 57 OCEAN
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Parking-Under Building, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 1772
  • Amenities: Barbecue, Business Center, Clubhouse-Clubroom, Exercise Room, Kitchen Facilities, Library, Child Play Area, Pool, Private Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-032-0580
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 1772

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 15, 2022
Sold by
Pachi Usa Investments Llc
Bought by
Smallpox Realty Ii Llc
Seller's Agent
Patricia Maurer
One Sotheby's International Realty
Buyer's Agent
Wendy Sanchez
Charles Rutenberg Realty Fort
List Price
$3,400,000
Sold Price
$3,300,000
Premium/Discount to List
-$100,000
-2.94%
Total Days on Market
28
Current Estimated Value
$3,384,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,023
Avg. Annual Appreciation
-3.16%
Original Mortgage
$2,264,000
Outstanding Balance
$2,167,979
Interest Rate
5%
Estimated Equity
$816,731
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 Buyer Sale Price Title Company
Smallpox Realty Ii Llc $3,300,000 Alvaro Castillo Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smallpox Realty Ii Llc $2,264,000
Closed Smallpox Realty Ii Llc $2,264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $3,300,000 -2.9% $2,806 / Sq Ft
03/17/2022 03/17/22 For Sale $3,400,000 -- $2,891 / 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 $43,108 $2,459,198 -- --
2023 $43,108 $2,281,260 $0 $0
2022 $31,751 $1,689,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Maurer

    Seller's Agent in 2022

    Patricia Maurer

    One Sotheby's International Realty

    (305) 725-8528

    1 in this area

    2 Total Sales

    Patricia Maurer
    Section Image
  • Christopher Jude

    Seller Co-Listing Agent in 2022

    Christopher Jude

    PGutman, LLC

    (305) 695-6300

    13 in this area

    20 Total Sales

    Christopher Jude
    Section Image
  • Wendy Sanchez

    Buyer's Agent in 2022

    Wendy Sanchez

    Charles Rutenberg Realty Fort

    (305) 619-2173

    1 in this area

    24 Total Sales

    Wendy Sanchez
    Section Image
See All Agents

About 57 Ocean

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11176558

MIAMI REALTORS® MLS

APN: 02-3211-032-0580

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5775 Collins Ave Unit 1505, Miami Beach, FL

This home is located at 5775 Collins Ave Unit 1505, Miami Beach, FL 33140 since 17 March 2022 and is currently estimated at $3,384,023, approximately $2,877 per square foot. This property was built in 2021. 5775 Collins Ave Unit 1505 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.

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