NOT LISTED FOR SALE

57 Ocean 5775 Collins Ave Unit 506 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $2,620,000 - $3,322,543

2 Beds
2.5 Baths
1,296 Sq Ft
$2,183/mo HOA Fee

Last Sold March 09, 2022

Last sale price $2,700,000 $2,083 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $21,502/month

64 Days on Market

Highlights

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

About This Home

As of March 2022

57 Ocean. NEW Listing! Incredible Opportunity Brand New Ultra-Luxury Condo For Sale. 2 bedrooms and 2 and a half bathrooms. Ocean and Bay views on the sands of iconic Millionaire’s Row, Miami’s most beautiful and exclusive stretch of beachfront. A distinctive building housing just 69 residences. Designed by renowned architecture firm Arquitectonica. Luxury Italian kitchens and bathrooms by Poliform featuring marble countertops, waterfall island, Sub-Zero refrigerator, and Wolf cooking appliances. Master Bedrooms with ensuite Master Bathroom with terrace access and powder room.Master Bathrooms feature natural stone floors and walls.1 Valet parking space. Poolside bar and social lounge with stunning oceanfront views. Poolside and beach concession services. State-of-the-art fitness center.

Last Agent to Sell the Property

Christopher Jude

PGutman, LLC License #3335565 Listed on: 01/03/2022

Last Buyer's Agent

Christopher Jude

PGutman, LLC License #3335565 Listed on: 01/03/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,400

Year Built

  • Built in 2021 | New Construction

HOA Fees

  • $2,183 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Interior Spaces

  • Entrance Foyer
  • Ocean Views

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-032-0620

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Community Library
  • Bike Room
  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,400

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$2,183 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Nautilus
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Refrigerator, Washer
  • Interior Amenities: Elevator, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Possible Use: Unknown/Withheld
  • Stories: 19
  • Bedroom Features: Master Bath Shower, Master Bath Tub

Exterior Features

  • View: Ocean 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, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Doorman, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 2183
  • Amenities: Bike Storage, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Library, Exterior Lighting, Child Play Area, Private Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-032-0620
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 41400

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $2,700,000 -8.5% $2,083 / Sq Ft
01/03/2022 01/03/22 For Sale $2,950,000 -- $2,276 / 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 $42,360 $2,241,680 -- --
2023 $42,360 $2,241,680 $0 $0
2022 $31,200 $1,660,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Jude

    Seller's Agent in 2022

    Christopher Jude

    PGutman, LLC

    (305) 695-6300

    13 in this area

    20 Total Sales

    Christopher Jude
    Section Image
See All Agents

About 57 Ocean

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11141277

MIAMI REALTORS® MLS

APN: 02-3211-032-0620

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5775 Collins Ave Unit 506, Miami Beach, FL

This home is located at 5775 Collins Ave Unit 506, Miami Beach, FL 33140 since 03 January 2022 and is currently estimated at $2,975,136, approximately $2,295 per square foot. This property was built in 2021. 5775 Collins Ave Unit 506 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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