NOT LISTED FOR SALE

Rimini Beach 8911 Collins Ave Unit 601 Surfside, FL 33154

Estimated Value: $549,996 - $652,000

2 Beds
2 Baths
950 Sq Ft
$669/mo HOA Fee

Last Sold August 19, 2020

Last sale price $365,000 $384 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,069/month

7 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Soaking Tub in Primary Bathroom
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Fitness Center
  • 3-minute walk to Veterans Park and Tennis Center

About This Home

As of August 2020

With two wrap around balconies, this fabulous 2 bedroom/2 bathroom condo offers views of the relaxing bay, Miami skyline, and our amazing beach! Enjoy the best of views from either the North or South balcony. Bright and beautiful, this condo is situated just minutes from South Beach and is walking distance to Bal Harbour and Surfside. Travertine flooring, granite counter tops, impact windows, and lots of sliding glass impact doors that deliver natural light truly complete this amazing condo. Relish in the very best of Florida living by owning your condo on the beach! Frozen Margaritas all around!

Last Agent to Sell the Property

Tammy Garcia

License #3268680 Listed on: 05/30/2020

Last Buyer's Agent

Juan-Carlos Fernandez

Keller Williams Realty SW License #0688760

Keller Williams Realty SW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,282

Year Built

  • Built in 1998

HOA Fees

  • $669 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Property Views

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 950 Sq Ft Home
  • Partially Furnished
  • Drapes & Rods
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Soaking Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 14-22-35-035-0050

Community Details

Overview

  • Mid-Rise Condominium
  • Rimini Beach Condos
  • Rimini Beach Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 12-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Elevator
  • Lobby

Recreation

  • Fitness Center

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Phone Entry
  • Complex Is Fenced
  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,282

Year Built

Built in 1998

Lot Details

0

HOA Fees

$669 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • 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, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, First Floor Entry, Fire Sprinklers
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Partially Furnished
  • Living Area: 950
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Window Features: Clear Impact Glass, Drapes, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Tub Only

Exterior Features

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

Garage/Parking

  • Park Building Name: Rimini Beach
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Guest, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Complex Fenced, Doorman, Phone Entry

Condo/Co-op/Association

  • Association Fee: 669
  • Amenities: Elevator(s), Exercise Room, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 14-22-35-035-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6282

Multi Family

  • Maintenance Expense: 669

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Aug 13, 2020
Sold by
Yassin Said and Yassin Nancy A
Bought by
Farinas Yalier and Farinas Karina
Seller's Agent
Tammy Garcia
Buyer's Agent
Juan-Carlos Fernandez
Keller Williams Realty SW
List Price
$449,000
Sold Price
$365,000
Premium/Discount to List
-$84,000
-18.71%
Current Estimated Value
$591,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,249
Avg. Annual Appreciation
9.40%
Original Mortgage
$323,000
Outstanding Balance
$286,524
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$304,725

Purchase Details

Closed on
Oct 10, 2000
Sold by
8911 Normandy Beach Inc
Bought by
Rimini Beach Associates
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farinas Yalier $365,000 Attorney
Rimini Beach Associates $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farinas Yalier $323,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2020 08/19/20 Sold $365,000 -18.7% $384 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $449,000 -- $473 / 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 $3,731 $247,043 -- --
2024 $3,640 $240,081 -- --
2023 $3,640 $233,089 $0 $0
2022 $3,524 $226,300 $0 $0
2021 $3,500 $219,709 $0 $0
2020 $6,251 $315,800 $0 $0
2019 $6,282 $315,800 $0 $0
2018 $5,995 $306,637 $0 $0
2017 $6,663 $293,081 $0 $0
2016 $6,298 $266,438 $0 $0
2015 $5,894 $242,217 $0 $0
2014 $5,526 $220,198 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tammy Garcia

    Seller's Agent in 2020

    Tammy Garcia

    (305) 458-9737

    70 Total Sales

    Tammy Garcia
    Section Image
  • Juan-Carlos Fernandez

    Buyer's Agent in 2020

    Juan-Carlos Fernandez

    Keller Williams Realty SW

    (305) 894-6450

    39 Total Sales

    Juan-Carlos Fernandez
    Section Image
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About Rimini Beach

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10867132

MIAMI REALTORS® MLS

APN: 14-2235-035-0050

Florida Miami/Dade County Surfside 33154

8911 Collins Ave Unit 601, Surfside, FL

Not Listed for Sale

Condos

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