NOT LISTED FOR SALE

Regency Tower 5838 Collins Ave Unit 5F Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $356,650 - $473,000

1 Bed
1.5 Baths
840 Sq Ft
$567/mo HOA Fee

Last Sold January 20, 2021

Last sale price $320,000 $381 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,340/month

153 Days on Market

Highlights

  • Doorman
  • Dock Available
  • Intracoastal View
  • North Beach Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Furnished

About This Home

As of January 2021

Amazing unit completely remodeled. New everything. Owner had no budget and spared no expense. Unit features amazing intercoastal and city views. New impact windows with electrical shades and black out in bedrooms. New kitchen cabinets and counters with high-end appliances. Bath room has high end finishes with frameless glass. Large walk in custom closets. Furniture may be included in sale.
Boats slips available.

Last Agent to Sell the Property

David Gutierrez

Marlin Realty Inc License #3170483 Listed on: 06/26/2020

Last Buyer's Agent

Lorraine Kutner

The Agency Real Estate Firm LLC License #0571415

The Agency Real Estate Firm LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1970

HOA Fees

  • $567 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 840 Sq Ft Home
  • Furnished
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry

Outdoor Features

  • Dock Available
  • Balcony

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-024-0300

Community Details

Overview

  • Regency Tower Condos
  • 5838 Condominium Subdivision
  • 16-Story Property

Amenities

  • Doorman

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,895

Year Built

Built in 1970

Lot Details

0

HOA Fees

$567 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 5838 CONDOMINIUM
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry, Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 840
  • Possible Use: Primary
  • Stories: 16
  • Bedroom Features: None

Exterior Features

  • View: Intracoastal View
  • Exterior Features: None, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Regency Tower
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman

Condo/Co-op/Association

  • Association Fee: 567
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-024-0300
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3895

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jan 14, 2021
Sold by
Donolli Mathew Gerard and Donolli Alisha Anne
Bought by
Gps Trading Company Usa Llc
Seller's Agent
David Gutierrez
Marlin Realty Inc
Buyer's Agent
Lorraine Kutner
The Agency Real Estate Firm LLC
List Price
$399,000
Sold Price
$320,000
Premium/Discount to List
-$79,000
-19.8%
Current Estimated Value
$426,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,119
Avg. Annual Appreciation
6.07%
Original Mortgage
$188,500
Outstanding Balance
$172,133
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$246,030

Purchase Details

Listed on
Oct 26, 2017
Closed on
Apr 25, 2018
Sold by
Balbi Emilio J
Bought by
Donolli Matthew Gerard and Giles Donolli Alisha Anne
Seller's Agent
Susan Fredel
Property Sales & Inv. Inc.
Buyer's Agent
Susan Fredel
Property Sales & Inv. Inc.
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%

Purchase Details

Listed on
May 28, 2013
Closed on
Feb 24, 2014
Sold by
Gonzalez Patricia and De La Fuente Alejandro
Bought by
Balbi Emilio J
Seller's Agent
Iris Donahue
MMLS Assoc.-Inactive Member
Buyer's Agent
William McGue
Douglas Elliman
List Price
$270,000
Sold Price
$210,000
Premium/Discount to List
-$60,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$147,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2009
Sold by
Delos Rios Jorge A and De Los Rios Carmilla
Bought by
Gonzalez Patricia and Delafuente Alejandro

Purchase Details

Closed on
Jul 8, 1997
Sold by
Harris Tilly K and Burt Harris E
Bought by
Harris Tilly K

Purchase Details

Closed on
Oct 7, 1993
Sold by
Harris Tilly K and Harris Samuel
Bought by
Harris Tilly K and Burt Harris E
Source: Public Records

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
Gps Trading Company Usa Llc $320,000 Attorney
Donolli Matthew Gerard $265,000 Clear Title Services Inc
Balbi Emilio J $210,000 Attorney
Gonzalez Patricia $150,000 None Available
Harris Tilly K $100 --
Harris Tilly K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gps Trading Company Usa Llc $188,500
Closed Gps Trading Company Usa Llc $188,500
Previous Owner Balbi Emilio J $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $320,000 -5.9% $381 / Sq Ft
11/03/2020 11/03/20 Price Changed $340,000 -1.4% $405 / Sq Ft
10/15/2020 10/15/20 Price Changed $345,000 -1.4% $411 / Sq Ft
09/30/2020 09/30/20 Price Changed $350,000 -1.4% $417 / Sq Ft
09/04/2020 09/04/20 Price Changed $355,000 -5.3% $423 / Sq Ft
08/17/2020 08/17/20 Price Changed $375,000 -6.0% $446 / Sq Ft
06/23/2020 06/23/20 For Sale $399,000 +50.6% $475 / Sq Ft
05/01/2018 05/01/18 Sold $265,000 -5.3% $315 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
10/26/2017 10/26/17 For Sale $279,900 +33.3% $333 / Sq Ft
03/04/2014 03/04/14 Sold $210,000 -12.5% $250 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
11/21/2013 11/21/13 Price Changed $240,000 -4.0% $286 / Sq Ft
11/06/2013 11/06/13 Price Changed $250,000 -3.8% $298 / Sq Ft
07/16/2013 07/16/13 Price Changed $260,000 -3.7% $310 / Sq Ft
06/07/2013 06/07/13 For Sale $270,000 +28.6% $321 / Sq Ft
06/01/2013 06/01/13 Off Market $210,000 -- --
05/28/2013 05/28/13 For Sale $270,000 0.0% $321 / Sq Ft
10/27/2012 10/27/12 Rented $1,400 0.0% --
09/27/2012 09/27/12 Under Contract -- -- --
05/07/2012 05/07/12 For Rent $1,400 -- --
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 $5,409 $270,443 -- --
2024 $5,125 $284,555 -- --
2023 $5,125 $258,687 $0 $0
2022 $4,419 $235,170 $0 $0
2021 $4,096 $198,990 $0 $0
2020 $3,502 $180,900 $0 $0
2019 $3,895 $201,000 $0 $0
2018 $2,678 $183,468 $0 $0
2017 $2,645 $179,695 $0 $0
2016 $3,245 $207,633 $0 $0
2015 $3,285 $206,190 $0 $0
2014 $2,915 $129,603 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Gutierrez

    Marlin Realty Inc

    (786) 897-7482

    2 in this area

    156 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Lorraine Kutner

    The Agency Real Estate Firm LLC

    (305) 747-7017

    1 in this area

    4 Total Sales

    Section Image
  • Susan Fredel

    Seller's Agent in 2018

    Susan Fredel

    Property Sales & Inv. Inc.

    (786) 277-7222

    31 Total Sales

    Section Image

  • I

    Seller's Agent in 2014

    Iris Donahue

    MMLS Assoc.-Inactive Member

    Section Image

  • W

    Buyer's Agent in 2014

    William McGue

    Douglas Elliman

    (305) 695-6300

    4 Total Sales

    Section Image

  • S

    Seller's Agent in 2012

    SABETO GARAZI

    MMLS Assoc.-Inactive Member

    Section Image
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About Regency Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10880008

MIAMI REALTORS® MLS

APN: 02-3211-024-0300

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5838 Collins Ave Unit 5F, Miami Beach, FL

This home is located at 5838 Collins Ave Unit 5F, Miami Beach, FL 33140 since 26 June 2020 and is currently estimated at $418,163, approximately $497 per square foot. This property was built in 1970. 5838 Collins Ave Unit 5F 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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