NOT LISTED FOR SALE

Estimated Value: $976,110 - $1,247,000

2 Beds
2.5 Baths
2,210 Sq Ft
$1,884/mo HOA Fee

Last Sold November 16, 2020

Last sale price $485,000 $219 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $9,348/month

498 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Boat Dock
  • North Beach Elementary School Rated A-
  • Property has ocean access
  • Property Fronts a Bay or Harbor

About This Home

As of November 2020

Ocean Views from all Rooms for under $250/ft!!! Don't MISS this Opportunity- Major Price Reduction in Miami Beach! Enjoy stunning ocean and city views from high atop the 19th floor on Millionaire's Row in Miami Beach! This high-floor 2 bedroom, 2.5 bath, waterfront residence offers 2,210 SF with marble floors throughout. East facing exposure includes large balcony with ocean views, formal dining area, eat-in kitchen, huge closets, washer/dryer and over-sized bedrooms. 5660 is a beautiful 90 unit, boutique building & Pet Friendly w/full-service Amenities Including: card room, banquet room w/kitchen, pool, library, billiard room, covered garage, valet parking, fully equipped fitness center & Boat slips available! (BEST PRICED UNIT IN THE BUILDING and Large enough to convert to a 3 Bedroom)

Last Listed By

William McClain

Waterfront Investment Real Estate License #3210998 Listed on: 06/05/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,677

Year Built

  • Built in 1970 | Newly Remodeled

Lot Details

HOA Fees

  • $1,884 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,210 Sq Ft Home
  • Blinds
  • Formal Dining Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Dock Available

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-023-0800

Community Details

Overview

  • 90 Units
  • High-Rise Condominium
  • Fifty Six Sixty Condos
  • Fifty Six Sixty Collins A,Fifty Six Sixty Subdivision
  • 21-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Community Kitchen
  • Billiard Room
  • Community Center
  • Party Room
  • Community Library
  • Secure Lobby
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,677

Year Built

Built in 1970 | Newly Remodeled

Lot Details

0

HOA Fees

$1,884 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Collins Ave- from North or South on west side of the street.
  • Entry Level: 19
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available, Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: FIFTY SIX-SIXTY COLLINS A,Fifty Six-Sixty
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2210
  • Possible Use: Secondary
  • Stories: 21
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Formal Dining

Exterior Features

  • View: Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Canal Front, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Fifty Six-Sixty
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1884
  • Amenities: Billiard Room, Boat Dock, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Kitchen Facilities, Library, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 02-32-11-023-0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 90
  • Number Of Units Total: 90

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3677

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Trachten-Schwartz Vicki P and Schwartz-Smith Rebecca
Bought by
Fromm Jason and Lazar Juliet
Total Days on Market
498
Current Estimated Value
$1,103,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$708,860
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$432,731

Purchase Details

Listed on
Jun 5, 2019
Closed on
Nov 16, 2020
Sold by
Bermudez Doris P and Goodrich Doris Marie
Bought by
Trachten Schwartz Vicki P and Schwartz Smith Rebecca
Seller's Agent
William McClain
Waterfront Investment Real Estate
Buyer's Agent
Aaron Gurland
Syncopated Real Estate, LLC
List Price
$645,000
Sold Price
$485,000
Premium/Discount to List
-$160,000
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.06%

Purchase Details

Closed on
Feb 18, 1998
Sold by
Broc Lourdes L Le
Bought by
Bermudez Enrique S and Bermudez Doris P

Purchase Details

Closed on
Jan 23, 1996
Sold by
Jack and Friedland Annette
Bought by
Le Broc Lourdes

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
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 1995
Sold by
Harold and Friedland Elaine
Bought by
Le Broc Lourdes

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
7.15%
Mortgage Type
New Conventional

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
Fromm Jason $970,000 None Listed On Document
Trachten Schwartz Vicki P $485,000 Attorney
Bermudez Enrique S $210,000 --
Le Broc Lourdes $100 --
Le Broc Lourdes $100 --
Le Broc Lourdes $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fromm Jason $712,500
Previous Owner Le Broc Lourdes $100,000
Previous Owner Le Broc Lourdes $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $485,000 -11.7% $219 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
03/30/2020 03/30/20 Price Changed $549,000 -8.0% $248 / Sq Ft
01/29/2020 01/29/20 Price Changed $597,000 -7.4% $270 / Sq Ft
06/05/2019 06/05/19 For Sale $645,000 -- $292 / 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
2024 $16,151 $847,346 -- --
2023 $16,151 $770,315 $0 $0
2022 $14,081 $700,287 $0 $0
2021 $12,292 $636,625 $0 $0
2020 $4,149 $255,123 $0 $0
2019 $4,043 $249,388 $0 $0
2018 $3,830 $244,738 $0 $0
2017 $3,787 $239,705 $0 $0
2016 $3,772 $234,775 $0 $0
2015 $3,819 $233,143 $0 $0
2014 $3,883 $231,293 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10685029

MIAMI REALTORS® MLS

APN: 02-3211-023-0800