NOT LISTED FOR SALE

8955 Collins Ave Unit 701 Surfside, FL 33154

Estimated Value: $2,970,000 - $13,707,844

3 Beds
3.5 Baths
3,135 Sq Ft
2019 Built

Sale Details

Date Sold: February 1, 2022

Last sale price $12,225,000 $3,900 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $67,518 / mo

320 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Private Guards
  • 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 February 2022

Arte, a boutique collection of 16 oceanfront residences by Citterio & Viel in collaboration with Kobi Karp. Arte features exquisitely finished, flow-through residences, boast gracious living areas and expansive wraparound terraces with direct ocean and sunset views. Residences feature private elevator finger recognition entry, gas stoves, and temperature-controlled parking. Full service building with rooftop tennis court, outdoor and heated indoor pools, children's play room and direct beach access. Residence designed by Vesta Furniture offering Immediate occupancy. *Price with furnishings is $12.55M. Residence offers 3126 SF interior with deep expansive terrace of 2158 SF Exterior

Last Agent to Sell the Property

Miltiadis Kastanis

Compass Florida, LLC License #3301126 Listed on: 03/20/2021

Compass Florida, LLC

Co-Listed By

Oren Alexander

MMLS Assoc.-Inactive Member License #3296414

Last Buyer's Agent

Ohad Fisherman

Fisherman Group FL LLC License #3524530

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • Ocean Front
  • End Unit
  • East Facing Home

HOA Fees

  • $8,027 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Direct Ocean
  • Skyline
  • Pool

Home Design

  • Elevated Home
  • Entry on the 7th floor
  • Concrete Block And Stucco Construction
  • Stone

Interior Spaces

  • 3,135 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Open Floorplan

Kitchen

  • Gas Range
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony
  • Exterior Lighting

Schools

  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Zoned Heating and Cooling
  • Heating Available

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Community Details

Overview

  • Mid-Rise Community
  • Arte Surfside Condos
  • Arte Surfside Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Clubhouse
  • Community Center
  • Party Room
  • Lobby
  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed

Building Details

Security

  • Private Guards
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2019 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$8,027 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Directions: Sales gallery located 8955 Collins Avenue, Surfside, Miami Beach
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Arte Surfside
  • Year Built Details: Under Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Gas Range, Refrigerator, Washer
  • Interior Amenities: Lobby, First Floor Entry, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers, Entrance Foyer, Laundry Tub
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3135
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Formal Dining, Kitchen Dining
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Direct Ocean, Pool Area View, Skyline
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction, Elevated Construction, Stone
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: New Construction, Under Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Arte Surfside
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Valet, Limited # Of Vehicle

Utilities

  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Private Guards

Condo/Co-op/Association

  • Association Fee: 8027
  • Amenities: Bike/Jog Path, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Exterior Lighting, Pool, Private Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020

Multi Family

  • Maintenance Expense: 8027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
David Gefner
Bought by
Arte36 Llc
Current Estimated Value
$8,635,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,328,750
Outstanding Balance
$5,937,390
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$2,698,225

Purchase Details

Closed on
Apr 11, 2022
Sold by
Arte36 Llc
Bought by
Gefner David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,328,750
Outstanding Balance
$5,937,390
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$2,698,225

Purchase Details

Listed on
Mar 20, 2021
Closed on
Feb 1, 2022
Sold by
Sc 8955 Llc
Bought by
Arte36 Llc
Seller's Agent
Miltiadis Kastanis
Compass Florida, LLC
Buyer's Agent
Ohad Fisherman
Fisherman Group FL LLC
Sold Price
$12,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.92%
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
Arte36 Llc -- None Listed On Document
Gefner David -- Iconic Title
Arte36 Llc $12,225,000 Rennert Vogel Mandler & Rodrig
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gefner David $6,328,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2022 02/01/22 Sold $12,225,000 0.0% $3,900 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/20/2022 01/20/22 For Sale -- -- --
01/19/2022 01/19/22 Off Market $12,225,000 -- --
11/29/2021 11/29/21 For Sale -- -- --
10/29/2021 10/29/21 Off Market $12,225,000 -- --
09/13/2021 09/13/21 Price Changed $11,900,000 +3.5% $3,796 / Sq Ft
05/27/2021 05/27/21 Price Changed $11,500,000 +9.5% $3,668 / Sq Ft
03/10/2021 03/10/21 For Sale $10,500,000 0.0% $3,349 / Sq Ft
06/09/2020 06/09/20 Rented $38,000 -5.0% --
05/05/2020 05/05/20 For Rent $40,000 -- --
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 $168,264 $8,970,000 -- --
2024 $170,106 $8,970,000 -- --
2023 $170,106 $8,970,000 $0 $0
2022 $122,689 $5,720,000 $0 $0
2021 $101,885 $5,200,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11010001

MIAMI REALTORS® MLS

APN: 14-2235-050-0060

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