NOT LISTED FOR SALE

Regency Tower 5838 Collins Ave Unit 7E Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $349,122 - $412,000

1 Bed
2 Baths
867 Sq Ft
1970 Built

Last Sold April 30, 2018

Last sale price $250,000 $288 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,434/month

Highlights

  • Property fronts an intracoastal waterway
  • Full Time Lobby Attendant
  • Above Ground Pool
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Bay View

About This Home

As of December 2023

New Rental! Owner motivated!iRegency Building is located in Mid Beach, a well-known section of the Miami Beach area. luxury waterfront condominium building, prime location, This area is often referred to as “The Millionaire’s Row” due to the land being only a small strip between the Atlantic Ocean and Indian Creek; The building features a 24-hour front desk, heated pool, gym, and assigned parking space, docks upon availability. Only one year lease- not a short term. No Subleasing

Last Agent to Rent the Property

Daniela Bianchi

Colfax Realty International Inc License #3139445 Listed on: 09/27/2023

Last Renter's Agent

Enrqiue Montalvo

London Foster Realty License #3070564

London Foster Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Lot Details

  • North Facing Home

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 867 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Above Ground Pool
  • Boat Lock
  • Balcony

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 9/27/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-11-024-0450

Community Details

Overview

  • No Home Owners Association
  • 5838 Condominium Condos
  • 5838 Condominium Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Full Time Lobby Attendant
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

Parking

1

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2023-09-27
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlock
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: 5838 CONDOMINIUM
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 867
  • Stories: 1
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Construction Type: Other
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: Above Ground
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 5838 CONDOMINIUM
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Key Card Entry, Lobby Attended

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Exercise Room, Laundry Facility, Management On Site
  • Association: No
  • Community Features: Pool, Exercise Room

Lot Info

  • Parcel Number: 02-32-11-024-0450
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Apr 30, 2018
Sold by
Gatto Inge
Bought by
Werner Investments Llc
Seller's Agent
Sorty Mejia
LoKation
Buyer's Agent
Daniela Bianchi
Colfax Realty International Inc
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Current Estimated Value
$382,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,031
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Mar 22, 2006
Sold by
Gatto Inge
Bought by
Gatto Inge
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Werner Investments Llc $250,000 Attorney
Gatto Inge -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2023 12/28/23 Rented $2,150 0.0% --
10/27/2023 10/27/23 Price Changed $2,150 -6.1% $2 / Sq Ft
09/27/2023 09/27/23 For Rent $2,290 +38.8% --
09/23/2020 09/23/20 Rented $1,650 0.0% --
07/07/2020 07/07/20 For Rent $1,650 +1.5% --
08/03/2018 08/03/18 Rented $1,625 -1.5% --
07/11/2018 07/11/18 Price Changed $1,650 -5.7% $2 / Sq Ft
05/01/2018 05/01/18 For Rent $1,750 0.0% --
04/30/2018 04/30/18 Sold $250,000 0.0% $288 / Sq Ft View Prior Sale
04/17/2018 04/17/18 Pending -- -- --
02/13/2018 02/13/18 Price Changed $250,000 -2.0% $288 / Sq Ft
01/25/2018 01/25/18 Price Changed $255,000 -1.5% $294 / Sq Ft
10/26/2017 10/26/17 For Sale $259,000 -- $299 / Sq Ft
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
2025 $5,355 $265,724 -- --
2024 $5,072 $282,863 -- --
2023 $5,072 $257,149 $0 $0
2022 $4,507 $233,772 $0 $0
2021 $4,374 $212,520 $0 $0
2020 $3,740 $193,200 $0 $0
2019 $4,069 $210,000 $0 $0
2018 $3,949 $210,000 $0 $0
2017 $527 $95,179 $0 $0
2016 $537 $93,222 $0 $0
2015 $552 $92,574 $0 $0
2014 $571 $91,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2023

    Daniela Bianchi

    Colfax Realty International Inc

    (305) 677-9833

    14 Total Sales

    Daniela Bianchi
    Section Image
  • Enrqiue Montalvo

    Tenant's Agent in 2023

    Enrqiue Montalvo

    London Foster Realty

    (305) 992-1044

    12 Total Sales

    Enrqiue Montalvo
    Section Image
  • Sorty Mejia

    Seller's Agent in 2018

    Sorty Mejia

    LoKation Real Estate

    (954) 287-0145

    57 Total Sales

    Sorty Mejia
    Section Image
  • Alexander Rahe

    Buyer's Agent in 2018

    Alexander Rahe

    The Keyes Company

    (305) 319-9574

    11 Total Sales

    Alexander Rahe
    Section Image
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About Regency Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11459744

MIAMI REALTORS® MLS

APN: 02-3211-024-0450

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5838 Collins Ave Unit 7E, Miami Beach, FL

Not Listed for Sale

Condos

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