NOT LISTED FOR SALE

Regency Tower 5838 Collins Ave Unit 8A Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $549,967 - $694,000

2 Beds
2 Baths
1,208 Sq Ft
$757/mo HOA Fee

Last Sold July 25, 2019

Last sale price $375,000 $310 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,679/month

249 Days on Market

Highlights

  • Marina
  • Property Fronts a Bay or Harbor
  • Intracoastal View
  • North Beach Elementary School Rated A-
  • Fitness Center
  • Wood Flooring

About This Home

As of July 2019

2 PARKING SPACES *** 2bed/2bath with 1,208 sqft***amazing views of the intracoastal waterway and City of Miami with breathtaking sunsets***spacious corner unit***updated flooring and bathrooms***hurricane shutters***direct Beach access across the building***all offers welcome

Last Agent to Sell the Property

Peter Lerperger

Basler International Realty LLC License #3206097 Listed on: 09/24/2018

Last Buyer's Agent

Maria Breard

Coldwell Banker Realty License #3085211

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,797

Year Built

  • Built in 1970

Lot Details

  • Fenced

HOA Fees

  • $757 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Deeded Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 1,208 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-024-0490

Community Details

Overview

  • Regency Tower Condos
  • 5838 Condominium,Regency Tower Subdivision
  • The community has rules related to no trucks or trailers
  • 16-Story Property

Amenities

  • Community Center
  • Party Room

Recreation

  • Marina

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,797

Year Built

Built in 1970

Lot Details

0

HOA Fees

$757 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Located on Collins Ave and 58th St
  • Entry Level: 8
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None, Community Marina
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 5838 CONDOMINIUM,Regency Tower
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Gas Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1208
  • Possible Use: Investment
  • Stories: 16
  • Window Features: Blinds
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Bay, Intracoastal View, Skyline
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Regency Tower
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered, Deeded, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Guard At Site

Condo/Co-op/Association

  • Association Fee: 757
  • Amenities: Community Room, Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-024-0490
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 757

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Jul 10, 2019
Sold by
Simone & Bursi Llc
Bought by
Near Beach Corp
Seller's Agent
Peter Lerperger
Basler International Realty LLC
Buyer's Agent
Maria Breard
Coldwell Banker Realty
List Price
$445,000
Sold Price
$375,000
Premium/Discount to List
-$70,000
-15.73%
Total Days on Market
249
Current Estimated Value
$603,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,492
Avg. Annual Appreciation
7.78%

Purchase Details

Listed on
Aug 19, 2013
Closed on
Dec 11, 2013
Sold by
Reynolds Luciana
Bought by
Simone & Bursi Llc
Seller's Agent
James Basilio
Basler International Realty LLC
Buyer's Agent
James Basilio
Basler International Realty LLC
List Price
$430,000
Sold Price
$388,000
Premium/Discount to List
-$42,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%

Purchase Details

Closed on
Jun 25, 1996
Sold by
Bostwick Elizabeth M
Bought by
Reynolds John W and Reynolds Luciana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
8.21%
Mortgage Type
New Conventional
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
Near Beach Corp $375,000 Attorney
Simone & Bursi Llc $388,000 Attorney
Reynolds John W $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynolds John W $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2019 07/25/19 Sold $375,000 -6.0% $310 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
04/12/2019 04/12/19 Price Changed $399,000 -6.1% $330 / Sq Ft
01/04/2019 01/04/19 Price Changed $425,000 -2.3% $352 / Sq Ft
12/12/2018 12/12/18 Price Changed $435,000 -1.1% $360 / Sq Ft
10/26/2018 10/26/18 Price Changed $440,000 -1.1% $364 / Sq Ft
09/23/2018 09/23/18 For Sale $445,000 0.0% $368 / Sq Ft
12/15/2014 12/15/14 Rented $2,500 0.0% --
11/15/2014 11/15/14 Under Contract -- -- --
11/07/2014 11/07/14 For Rent $2,500 0.0% --
12/11/2013 12/11/13 Sold $388,000 -9.8% $321 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $430,000 -- $356 / 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 $6,523 $379,687 -- --
2023 $6,523 $345,170 $0 $0
2022 $6,005 $319,600 $0 $0
2021 $6,171 $319,600 $0 $0
2020 $6,187 $319,600 $0 $0
2019 $6,860 $354,000 $0 $0
2018 $6,426 $354,000 $0 $0
2017 $5,797 $304,441 $0 $0
2016 $5,632 $289,944 $0 $0
2015 $6,259 $300,179 $0 $0
2014 $5,544 $272,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Lerperger

    Seller's Agent in 2019

    Peter Lerperger

    Basler International Realty LLC

    (305) 675-1808

    5 Total Sales

    Peter Lerperger
    Section Image
  • Maria Breard

    Buyer's Agent in 2019

    Maria Breard

    Coldwell Banker Realty

    (305) 962-3062

    8 in this area

    51 Total Sales

    Maria Breard
    Section Image
  • James Basilio

    Seller's Agent in 2014

    James Basilio

    Basler International Realty LLC

    (786) 879-4380

    24 Total Sales

    James Basilio
    Section Image
  • Adriana Marinescu

    Buyer's Agent in 2014

    Adriana Marinescu

    Embassy Real Estate

    (305) 213-1811

    7 in this area

    14 Total Sales

    Adriana Marinescu
    Section Image
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About Regency Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10542707

MIAMI REALTORS® MLS

APN: 02-3211-024-0490

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5838 Collins Ave Unit 8A, Miami Beach, FL

This home is located at 5838 Collins Ave Unit 8A, Miami Beach, FL 33140 since 24 September 2018 and is currently estimated at $603,492, approximately $499 per square foot. This property was built in 1970. 5838 Collins Ave Unit 8A 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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