NOT LISTED FOR SALE

Rimini Beach 8911 Collins Ave Unit 1004 Surfside, FL 33154

Estimated Value: $613,000 - $673,000

2 Beds
2 Baths
1,010 Sq Ft
$782/mo HOA Fee

Last Sold February 17, 2023

Last sale price $555,000 $550 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,934/month

12 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Balcony
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Community Pool
  • 3-minute walk to Veterans Park and Tennis Center

About This Home

As of February 2023

Beautiful 10th floor 2 bedroom, 2 bathroom condo for sale Rimini Beach Condominium! Gorgeous Ocean Views with beach access. Needs some minor updates. Currently occupied by a long-term tenant (7 years) with passive rental income of $3,300 per month, lease expires on May 1st. Tenant would like to stay. This is a great value-add opportunity for someone to force appreciate and create additional equity. Some of the upgrades would be to update flooring throughout and renovate the kitchens and bathrooms. Perfect for a long-term rental or owner-occupied home! Some of the additional building amenities includes two elevators, swimming pool, front desk service, and secured entry into the main lobby and parking area.

Last Agent to Sell the Property

Benjamin Mandel

MMLS Assoc.-Inactive Member License #3505468 Listed on: 12/27/2022

Last Buyer's Agent

Etanell Melamed

G Realty Group, LLC. License #3513515

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,081

Year Built

  • Built in 1998

HOA Fees

  • $782 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • Ocean
  • Canal

Home Design

  • Entry on the 10th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,010 Sq Ft Home
  • Partially Furnished
  • Family Room
  • Open Floorplan
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Doors with lever handles

Outdoor Features

  • Property has ocean access

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 14-22-35-035-0420

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • Rimini Beach Condo
  • Rimini Beach Condo Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,081

Year Built

Built in 1998

Lot Details

0

HOA Fees

$782 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RIMINI BEACH CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Refrigerator
  • Interior Amenities: Fire Sprinklers, Pantry, Walk-In Closet(s), Family Room
  • Accessibility Features: Door Levers, Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Vinyl
  • Furnished: Partially
  • Living Area: 1010
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 12
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Kitchen Dining
  • Living Room Features: Family Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Canal, Ocean View, Skyline, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: RIMINI BEACH CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 782
  • Amenities: Elevator(s), Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 14-22-35-035-0420
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Feb 17, 2023
Sold by
Fremin Emmanuel C
Bought by
Refuah Shlema Lm Llc
Seller's Agent
Benjamin Mandel
MMLS Assoc.-Inactive Member
Buyer's Agent
Etanell Melamed
G Realty Group, LLC.
List Price
$600,000
Sold Price
$555,000
Premium/Discount to List
-$45,000
-7.5%
Views
40
Current Estimated Value
$645,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,871
Avg. Annual Appreciation
5.29%

Purchase Details

Closed on
Oct 9, 2003
Sold by
Messina Provvidenza
Bought by
Fremin Emmanuel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2001
Sold by
Normandy B 8911 I
Bought by
Messina Provvidenz
Source: Public Records
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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
Refuah Shlema Lm Llc $555,000 None Listed On Document
Refuah Shlema Lm Llc $555,000 None Listed On Document
Fremin Emmanuel C $275,000 --
Messina Provvidenz $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fremin Emmanuel C $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $555,000 -7.5% $550 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $600,000 -- $594 / 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 $9,543 $559,625 -- --
2024 $8,856 $508,750 -- --
2023 $8,856 $444,191 $0 $0
2022 $8,081 $403,810 $0 $0
2021 $7,193 $367,100 $0 $0
2020 $7,267 $367,100 $0 $0
2019 $7,303 $367,100 $0 $0
2018 $6,969 $356,419 $0 $0
2017 $7,569 $351,162 $0 $0
2016 $7,146 $319,239 $0 $0
2015 $6,755 $290,218 $0 $0
2014 $5,856 $263,835 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11319687

MIAMI REALTORS® MLS

APN: 14-2235-035-0420