Regency Tower 5838 Collins Ave Unit 2D Miami Beach, FL 33140
Oceanfront Neighborhood
1
Bed
1.5
Baths
855
Sq Ft
$567/mo
HOA Fee
Highlights
- Doorman
- Private Dock
- Fitness Center
- North Beach Elementary School Rated A-
- Property fronts an intracoastal waterway
- Private Guards
About This Home
As of November 2023Move in ready Miami Beach 1/1.5 condo on Millionaire's Row. Enjoy water views in this updated unit, great for Investors/Owner. Granite counter tops, stainless steel appliances, updated bathrooms in a neutral color scheme. It is a central and quiet area with beach access right across the street. Waterfront pool, exercise room, new building elevator, updated hallway, 24-hour concierge and boat slip availability.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,227
Year Built
- Built in 1970
Lot Details
HOA Fees
- $567 Monthly HOA Fees
Parking
- 1 Car Garage
- Guest Parking
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 855 Sq Ft Home
- Family or Dining Combination
- Tile Flooring
Kitchen
- Eat-In Kitchen
- Electric Range
- Dishwasher
- Snack Bar or Counter
Bedrooms and Bathrooms
- 1 Bedroom
Outdoor Features
- Restricted saltwater access
- Private Dock
- Balcony
Additional Features
- Accessible Elevator Installed
- East of U.S. Route 1
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-11-024-0040
Community Details
Overview
- The Regency Tower Condos
- 5838 Condominium Subdivision
- 16-Story Property
Amenities
- Doorman
- Trash Chute
- Community Center
- Party Room
- Laundry Facilities
- Lobby
- Secure Lobby
- Elevator
Recreation
- Boat Dock
Pet Policy
- No Pets Allowed
Security
- Private Guards
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2023
Closed on
Oct 20, 2023
Sold by
Rodriguez Esperanza L and Cordero Rosemary
Bought by
Fernandez Jaime Cesar Leon
Seller's Agent
Jennifer Suarez
A.M.A. Realty Group Inc.
Buyer's Agent
Jose Flor
Elite Ocean View Realty LLC
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Total Days on Market
154
Views
222
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,903
Avg. Annual Appreciation
17.27%
Original Mortgage
$210,000
Outstanding Balance
$207,466
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$178,384
Purchase Details
Closed on
Nov 3, 2014
Sold by
Rodriguez Esperanza and Cordero Rosemary
Bought by
Rodriguez Esperanza and Cordero Rosemary
Purchase Details
Closed on
Aug 28, 2004
Sold by
Bargioni Enrique H and Tort Maria Delcarmen
Bought by
Rodriguez Esperanza and Cordero Rosemary
Map
About Regency Tower
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Villa Title & Closing | |
| Quit Claim Deed | -- | Villa Title & Closing | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $182,000 | Flagler Land Title Svcs Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $210,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/16/2024 03/16/24 | Rented | $2,350 | -4.1% | -- |
| 02/15/2024 02/15/24 | Price Changed | $2,450 | -2.0% | $3 / Sq Ft |
| 02/02/2024 02/02/24 | Price Changed | $2,499 | -3.0% | $3 / Sq Ft |
| 01/14/2024 01/14/24 | Price Changed | $2,575 | -4.6% | $3 / Sq Ft |
| 01/09/2024 01/09/24 | Price Changed | $2,699 | +3.8% | $3 / Sq Ft |
| 01/03/2024 01/03/24 | Price Changed | $2,600 | +10.6% | $3 / Sq Ft |
| 12/28/2023 12/28/23 | Price Changed | $2,350 | -2.0% | $3 / Sq Ft |
| 12/27/2023 12/27/23 | Price Changed | $2,399 | -1.9% | $3 / Sq Ft |
| 12/26/2023 12/26/23 | Price Changed | $2,445 | -2.2% | $3 / Sq Ft |
| 12/18/2023 12/18/23 | Price Changed | $2,500 | +4.2% | $3 / Sq Ft |
| 11/29/2023 11/29/23 | Price Changed | $2,400 | -3.0% | $3 / Sq Ft |
| 11/24/2023 11/24/23 | Price Changed | $2,475 | -1.0% | $3 / Sq Ft |
| 11/13/2023 11/13/23 | Price Changed | $2,500 | -3.7% | $3 / Sq Ft |
| 11/06/2023 11/06/23 | Price Changed | $2,595 | -0.2% | $3 / Sq Ft |
| 11/03/2023 11/03/23 | For Rent | $2,600 | 0.0% | -- |
| 11/03/2023 11/03/23 | Off Market | $2,600 | -- | -- |
| 11/01/2023 11/01/23 | Sold | $300,000 | -7.7% | $351 / Sq Ft |
| 05/30/2023 05/30/23 | For Sale | $325,000 | 0.0% | $380 / Sq Ft |
| 10/14/2020 10/14/20 | Rented | $1,450 | -3.3% | -- |
| 09/11/2020 09/11/20 | Under Contract | -- | -- | -- |
| 09/10/2020 09/10/20 | Off Market | $1,500 | -- | -- |
| 07/03/2020 07/03/20 | For Rent | $1,500 | +3.4% | -- |
| 10/15/2018 10/15/18 | Rented | $1,450 | -3.3% | -- |
| 10/11/2018 10/11/18 | Under Contract | -- | -- | -- |
| 09/21/2018 09/21/18 | Price Changed | $1,500 | -9.1% | $2 / Sq Ft |
| 09/06/2018 09/06/18 | For Rent | $1,650 | -- | -- |
Source: MIAMI REALTORS® MLS
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 | $4,851 | $285,030 | -- | -- |
| 2023 | $4,851 | $241,177 | $0 | $0 |
| 2022 | $4,227 | $219,252 | $0 | $0 |
| 2021 | $4,103 | $199,320 | $0 | $0 |
| 2020 | $3,508 | $181,200 | $0 | $0 |
| 2019 | $3,818 | $197,000 | $0 | $0 |
| 2018 | $3,617 | $197,000 | $0 | $0 |
| 2017 | $3,405 | $172,500 | $0 | $0 |
| 2016 | $3,408 | $156,819 | $0 | $0 |
| 2015 | $3,309 | $142,563 | $0 | $0 |
| 2014 | $2,915 | $129,603 | $0 | $0 |
Source: Public Records
Source: MIAMI REALTORS® MLS
MLS Number: A11394307
APN: 02-3211-024-0040
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