NOT LISTED FOR SALE

Rimini Beach 8911 Collins Ave Unit 503 Surfside, FL 33154

Estimated Value: $462,000 - $715,000

1 Bed
1 Bath
800 Sq Ft
1998 Built

Last Sold April 19, 2021

Last sale price $385,000 $481 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,395/month

129 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 April 2021

Steps to the Beach!. Fabulous location. Contemporary boutique private condominium with oceanfront pool and jacuzzi, and direct access to the best beach in the area. Impeccable 800 SF one bedroom one bath with ocean view from side to side balcony. Lovely open kitchen with granite countertop, white line appliances, and washer and dryer. Close to Bal Harbor shops, restaurants, and Publix. All Surfside residence are members of "The Community Center", A multi-purpose facility that features a pool with lap lanes, plunge pool, and slide, jacuzzi, etc. Other communities and recreational facilities include the Tennis Center, 96th Street Park, Paws Up Dog Park, Veterans Park, and Community Garden.

Last Agent to Sell the Property

Gina Arellano

Coldwell Banker Realty License #0692877 Listed on: 11/20/2020

Coldwell Banker Realty

Last Buyer's Agent

Michael Fernandez

Lifestyle International Realty License #3444931

Lifestyle International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,418

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • Southeast Facing Home

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 800 Sq Ft Home
  • Blinds
  • Entrance Foyer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

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 14-22-35-035-0260

Community Details

Overview

  • Property has a Home Owners Association
  • 55 Units
  • Mid-Rise Condominium
  • Rimini Beach Condominium Condos
  • Rimini Beach Condo Subdivision
  • The community has rules related to no trucks or trailers
  • 12-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Interior Hall
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $477
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,418

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: NE Corner on Collins Avenue and 89th St right on the ocean side.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RIMINI BEACH CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, Entrance Foyer, Other, No Additional Rooms
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 800
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 12
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Living Room Features: No Additional Rooms
  • Master Bathroom Features: Dual Sinks

Exterior Features

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

Garage/Parking

  • Park Building Name: RIMINI BEACH CONDOMINIUM
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Amenities: Barbecue, Elevator(s), Pool, Spa/Hot Tub
  • 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: 14-22-35-035-0260
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2418

Multi Family

  • Maintenance Expense: 477
  • Number Of Units In Community: 55
  • Number Of Units Total: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Apr 19, 2021
Sold by
Blanco Roxana Lorna and Ruggieri Sergio
Bought by
Rosenblum Sarah Ann
Seller's Agent
Gina Arellano
Coldwell Banker Realty
Buyer's Agent
Michael Fernandez
Lifestyle International Realty
List Price
$415,000
Sold Price
$385,000
Premium/Discount to List
-$30,000
-7.23%
Current Estimated Value
$560,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,762
Avg. Annual Appreciation
8.33%
Original Mortgage
$365,750
Outstanding Balance
$330,228
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$230,534

Purchase Details

Closed on
Nov 19, 2004
Sold by
Velasco Fuad
Bought by
Blanco Roxana Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 9, 2004
Sold by
Hickey Peter F and Zawid Jennifer H
Bought by
Blanco Roxana Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 27, 2003
Sold by
Messina Provvidenza
Bought by
Hickey Peter F and Zawid Jennifer H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2001
Sold by
Normandy B 8911 I
Bought by
Messina Provvidenz
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
Rosenblum Sarah Ann $385,000 Brokers Title And Escrow Llc
Blanco Roxana Lorna $347,000 Empire Title Services Inc
Blanco Roxana Lorna $220,000 --
Hickey Peter F $175,000 --
Messina Provvidenz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenblum Sarah Ann $365,750
Previous Owner Blanco Roxana Lorna $100,000
Previous Owner Blanco Roxana Lorna $90,000
Previous Owner Hickey Peter F $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $385,000 -3.5% $481 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
11/30/2020 11/30/20 Price Changed $399,000 -3.9% $499 / Sq Ft
11/20/2020 11/20/20 For Sale $415,000 0.0% $519 / Sq Ft
06/15/2018 06/15/18 Rented $1,900 0.0% --
06/01/2018 06/01/18 Under Contract -- -- --
05/14/2018 05/14/18 For Rent $1,900 0.0% --
05/02/2018 05/02/18 Off Market $1,900 -- --
03/13/2018 03/13/18 For Rent $1,900 0.0% --
07/03/2015 07/03/15 Rented $1,900 0.0% --
06/03/2015 06/03/15 Under Contract -- -- --
04/09/2015 04/09/15 For Rent $1,900 -- --
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 $5,488 $343,438 -- --
2024 $5,364 $333,759 -- --
2023 $5,364 $324,038 $0 $0
2022 $5,206 $314,600 $0 $0
2021 $2,499 $168,607 $0 $0
2020 $2,480 $166,280 $0 $0
2019 $2,418 $162,542 $0 $0
2018 $2,310 $159,512 $0 $0
2017 $2,310 $156,232 $0 $0
2016 $2,315 $153,019 $0 $0
2015 $2,339 $151,956 $0 $0
2014 $2,363 $150,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10960530

MIAMI REALTORS® MLS

APN: 14-2235-035-0260