NOT LISTED FOR SALE

Rimini Beach 8911 Collins Ave Unit 703 Surfside, FL 33154

Estimated Value: $572,266

1 Bed
1 Bath
800 Sq Ft
1998 Built

Last Sold October 05, 2018

Last sale price $342,000 $428 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,697/month

Highlights

  • Ocean Front
  • Full Time Lobby Attendant
  • No HOA
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • In Ground Pool
  • 3-minute walk to Veterans Park and Tennis Center

About This Home

As of September 2023

True South Florida living - RIGHT ON THE BEACH! Enjoy waking up every morning to the sunrise overlooking the ocean in this beautifully renovated 1 bedroom, 1 bath condo in Surfside. Spacious, open floor plan offering ample amount of natural light throughout. This newly updated condo features tile floors, huge walk-in closet, large bathroom with double sink and a beautiful tiled bath tub. Brand new kitchen with stainless steel appliances and white cabinets and countertops. New washer and dryer will be installed. Both bedroom and living room lead to the elongated balcony where you have views of the ocean and canal. Building is steps from the beach and newly built pathway connecting to Miami Beach. Amenities include pool, jacuzzi, lobby attendant, parking and more! Available for move-in asap.

Last Agent to Rent the Property

Brian Khanamirian

Miami Waterfront Realty License #3371272 Listed on: 06/15/2023

Last Renter's Agent

Tatiana Vaughn

MMLS Assoc.-Inactive Member License #3427035

MMLS Assoc.-Inactive Member

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,763

Year Built

  • Built in 1998

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Substantially Remodeled

Interior Spaces

  • 800 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Unrestricted saltwater access
  • Exterior Lighting

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/15/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 14-22-35-035-0280

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Rimini Beach Condo
  • Rimini Beach Condo Subdivision
  • Maintained Community

Amenities

  • Full Time Lobby Attendant
  • Picnic Area
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Complex Is Fenced
  • Impact Glass
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,763

Year Built

Built in 1998

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2023-06-15
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: RIMINI BEACH CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s), Foyer
  • Spa Yn: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 800
  • Spa Features: Community
  • Window Features: Impact Glass
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Foyer

Exterior Features

  • View: Ocean, Pool
  • Exterior Features: Lighting, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: 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, Assigned

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Key Card Entry, Complex Fenced, Lobby Attended

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Maintained Community, Management On Site, Spa/Hot Tub
  • Association: No
  • Community Features: Pool, Maintained Community, Management On Site, Picnic Area, Sidewalks, Spa/Hot Tub, Street Lights

Lot Info

  • Parcel Number: 14-22-35-035-0280
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Sep 20, 2018
Sold by
Zavelofff Bruce
Bought by
Nath Vishant
Seller's Agent
Terrence Segall
Compass Florida, LLC
Buyer's Agent
Marcos Rubio
Coldwell Banker Realty
List Price
$380,000
Sold Price
$342,000
Premium/Discount to List
-$38,000
-10%
Current Estimated Value
$572,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,266
Avg. Annual Appreciation
7.79%
Original Mortgage
$256,500
Outstanding Balance
$144,139
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$428,127

Purchase Details

Listed on
Feb 24, 2017
Closed on
Jul 11, 2017
Sold by
Suskey Paul Jerome
Bought by
Zaveloff Bruce
Seller's Agent
Judy Buchan
MMLS Assoc.-Inactive Member
Buyer's Agent
Terrence Segall
Compass Florida, LLC
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$230,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2014
Sold by
Diaz Elba Andrea
Bought by
Suskey Paul Jerome

Purchase Details

Closed on
Mar 13, 2008
Sold by
Suskey Paul
Bought by
Suskey Paul and Diaz Elba Andrea

Purchase Details

Closed on
May 22, 2002
Sold by
Provvidenz Messina I
Bought by
Suskey Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2001
Sold by
Normandy B 8911 I
Bought by
Messina Providenza
Source: Public Records

Range of Values:

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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
Nath Vishant $342,000 Omega Title Llc
Zaveloff Bruce $330,000 Sunbelt Title Agency
Suskey Paul Jerome $65,100 Attorney
Suskey Paul $73,800 Attorney
Suskey Paul $185,000 --
Messina Providenza $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nath Vishant $256,500
Previous Owner Zaveloff Bruce $230,000
Previous Owner Messina Providenza $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2023 09/23/23 Rented $2,950 -1.7% --
08/12/2023 08/12/23 Under Contract -- -- --
07/05/2023 07/05/23 Price Changed $3,000 -6.3% $4 / Sq Ft
06/15/2023 06/15/23 For Rent $3,200 0.0% --
10/05/2018 10/05/18 Sold $342,000 -1.7% $428 / Sq Ft
06/10/2018 06/10/18 Price Changed $348,000 -5.4% $435 / Sq Ft
05/22/2018 05/22/18 Price Changed $368,000 -3.2% $460 / Sq Ft
04/17/2018 04/17/18 For Sale $380,000 +15.2% $475 / Sq Ft
07/18/2017 07/18/17 Sold $330,000 -5.7% $413 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
04/17/2017 04/17/17 Price Changed $350,000 -2.8% $438 / Sq Ft
03/14/2017 03/14/17 Price Changed $360,000 -4.0% $450 / Sq Ft
02/22/2017 02/22/17 For Sale $375,000 -- $469 / 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 $6,763 $369,035 -- --
2024 $6,441 $355,909 -- --
2023 $6,441 $323,554 $0 $0
2022 $5,781 $294,140 $0 $0
2021 $5,239 $267,400 $0 $0
2020 $5,293 $267,400 $0 $0
2019 $5,319 $267,400 $0 $0
2018 $2,472 $172,837 $0 $0
2017 $5,219 $259,649 $0 $0
2016 $4,975 $240,416 $0 $0
2015 $4,606 $218,560 $0 $0
2014 $3,401 $158,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11404255

MIAMI REALTORS® MLS

APN: 14-2235-035-0280