NOT LISTED FOR SALE

Estimated Value: $268,000 - $503,000

-- Bed
1 Bath
399 Sq Ft
1952 Built

Last Sold October 21, 2015

Last sale price $255,000 $639 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,143/month

8 Days on Market

Highlights

  • Intercom to Front Desk
  • Marble Flooring
  • Studio bedroom
  • South Pointe Elementary School Rated A-
  • Furnished
  • Central Heating and Cooling System

About This Home

As of October 2015

Prime location on Collins Avenue, around the corner from beach, Ocean Drive shops, restaurants and much more! Condo features marble floors, washer & dryer combo unit, fully furnished including kitchenware, cookware, linens and towels. Perfect unit in the heart of South Beach. Unit currently in rental program. Great opportunity for investors!

Last Agent to Sell the Property

Marilyn Hernandez

MMLS Assoc.-Inactive Member License #3252131 Listed on: 09/14/2015

Last Buyer's Agent

Kasia Weszczak

MMLS Assoc.-Inactive Member License #3017701

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1952

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 399 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Marble Flooring
  • Microwave

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-327-0070

Community Details

Overview

  • Property has a Home Owners Association
  • 751 Collins Condo

Amenities

  • Intercom to Front Desk

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,876

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: PROPERTY IS LOCATED ON COLLINS AVENUE BETWEEN 7TH AND 8TH STREET
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 399
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Blinds, Drapes
  • Bedroom Features: Studio

Exterior Features

  • View: None
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 751 Collins Condo
  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 290
  • Amenities: None
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-327-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 290

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Oct 20, 2015
Sold by
Sobe Crash Pad Llc
Bought by
Elezia Inc
Seller's Agent
Marilyn Hernandez
MMLS Assoc.-Inactive Member
Buyer's Agent
Kasia Weszczak
MMLS Assoc.-Inactive Member
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$336,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,898
Avg. Annual Appreciation
3.21%

Purchase Details

Closed on
Jul 16, 2007
Sold by
Collins/Eighth Llc
Bought by
Sobe Crash Pad Llc

Purchase Details

Closed on
Jun 15, 2005
Sold by
J M R America Llc
Bought by
Mac 751 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
Silverstone Investments Inc
Bought by
J M R America Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Elezia Inc $255,000 Attorney
Sobe Crash Pad Llc $246,000 Attorney
Mac 751 Llc $3,900,000 --
J M R America Llc $2,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mac 751 Llc $3,900,000
Previous Owner J M R America Llc $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2015 10/21/15 Sold $255,000 0.0% $639 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $255,000 0.0% $639 / Sq Ft
06/01/2014 06/01/14 Rented $1,500 -6.3% --
05/02/2014 05/02/14 Under Contract -- -- --
03/25/2014 03/25/14 For Rent $1,600 +14.3% --
04/04/2012 04/04/12 Rented $1,400 -6.7% --
03/05/2012 03/05/12 Under Contract -- -- --
02/01/2012 02/01/12 For Rent $1,500 -- --
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 $3,849 $192,622 -- --
2024 $3,832 $175,111 -- --
2023 $3,832 $159,192 $0 $0
2022 $2,719 $144,720 $0 $0
2021 $2,634 $131,670 $0 $0
2020 $2,802 $144,720 $0 $0
2019 $3,830 $201,000 $0 $0
2018 $3,772 $200,602 $0 $0
2017 $3,820 $200,602 $0 $0
2016 $3,897 $200,602 $0 $0
2015 $2,549 $89,695 $0 $0
2014 $1,877 $81,541 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2174309

MIAMI REALTORS® MLS

APN: 02-4203-327-0070