NOT LISTED FOR SALE

Ocean 88 8855 Collins Ave Unit 8B Surfside, FL 33154

Estimated Value: $1,093,000 - $1,374,000

2 Beds
2 Baths
1,800 Sq Ft
$1,101/mo HOA Fee

Last Sold April 12, 2021

Last sale price $642,000 $357 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $9,244/month

38 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Clubhouse
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Fitness Center
  • 4-minute walk to Veterans Park and Tennis Center

About This Home

As of April 2021

Beautiful Beach Ocean View. Walk to serene pool and sandy beach downstairs. Spacious 2 bdrm 2 bath. Large balcony with access from living room, master and guest room. Balcony restoration and new railing to be completed end of March. Fresh exterior paint of building should be finished by April 20th. Amenities include BBQ, Gym, card room, heated pool, party room, hot tub, sauna & steam room. Close to Bal Harbour Shops, restaurants, banks. Maintenance includes water and cable. Valet. Parking space 2. Storage space 50. Showing M-F from 9-5 pm. No weekend showings allowed. Self managed building by owners.

Last Agent to Sell the Property

Elsa Maria Chomat

County Line Realty License #0374115 Listed on: 02/12/2021

Last Buyer's Agent

Sophie Mavroleon, P.A.

Beachfront Realty Inc License #0556826

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,701

Year Built

  • Built in 1994

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,101 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • Custom Mirrors
  • Partially Furnished
  • Combination Dining and Living Room
  • Storage Room
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Outdoor Grill

Schools

  • Bay Harbor Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 14-22-35-029-0180

Community Details

Overview

  • 99 Units
  • Mid-Rise Condominium
  • Champlain Towers East99 Condos
  • Champlain Towers East Con Subdivision, Residence B Floorplan
  • 12-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Lobby
  • Secure Lobby

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $375

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,701

Year Built

Built in 1994

Lot Details

0

HOA Fees

$1,101 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Google maps
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Master Model: RESIDENCE B
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CHAMPLAIN TOWERS EAST CON
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4116

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker
  • Interior Amenities: Lobby, Custom Mirrors, Pantry, Walk-In Closet(s), Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Partially
  • Living Area: 1800
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Secondary
  • Stories: 12
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CHAMPLAIN TOWERS EAST99
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1101
  • Amenities: Billiard Room, Barbecue, Clubhouse-Clubroom, Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Bay Harbor
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 14-22-35-029-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11701

Multi Family

  • Maintenance Expense: 375
  • Number Of Units In Community: 99
  • Number Of Units Total: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Hamed Diah and Hamed Shadia L
Bought by
Hamed
Current Estimated Value
$1,272,723

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 12, 2021
Sold by
Ocean Bank
Bought by
Hamed Diah
Seller's Agent
Elsa Maria Chomat
County Line Realty
Buyer's Agent
Sophie Mavroleon, P.A.
Beachfront Realty Inc
List Price
$700,000
Sold Price
$642,000
Premium/Discount to List
-$58,000
-8.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%

Purchase Details

Closed on
Dec 31, 2020
Sold by
Barata Ermelinda
Bought by
Ocean Bank

Purchase Details

Closed on
Nov 15, 1994
Sold by
Telant Const Inc
Bought by
Barata Avelino and Barata Ermemlinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,200
Interest Rate
8.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hamed -- None Listed On Document
Hamed -- None Listed On Document
Hamed Diah $642,000 Vantage Property Ttl Co Inc
Ocean Bank $450,100 None Available
Barata Avelino $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barata Avelino $206,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2021 04/12/21 Sold $642,000 -8.3% $357 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $700,000 -- $389 / 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
2025 $17,940 $1,003,840 -- --
2024 $16,491 $912,582 -- --
2023 $16,491 $829,620 $0 $0
2022 $14,370 $754,200 $0 $0
2021 $12,740 $650,200 $0 $0
2020 $11,701 $591,120 $0 $0
2019 $13,066 $656,800 $0 $0
2018 $11,674 $597,085 $0 $0
2017 $11,853 $585,821 $0 $0
2016 $12,287 $532,565 $0 $0
2015 $11,888 $484,150 $0 $0
2014 $10,628 $440,137 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10984420

MIAMI REALTORS® MLS

APN: 14-2235-029-0180