701 Collins Ave Unit 1F Miami Beach, FL 33139
Lummus Park Neighborhood
2
Beds
2
Baths
940
Sq Ft
$886/mo
HOA Fee
Highlights
- Breakfast Area or Nook
- Elevator
- Balcony
- South Pointe Elementary School Rated A-
- Bike Room
- 1 Car Attached Garage
About This Home
As of February 2025Live in the heart of South Beach, just steps from Ocean Drive, Lummus Park and the beach! 2 Bedroom, 2 Bath split floor plan with 940 SqFt of interior living area with a large
south-facing balcony accessible through living area and bedroom. Impact windows throughout, spacious layout and high ceilings. Located in boutique building offering gated access
and convenient covered parking, plus on-site washer/dryer. This unit has endless potential for buyers looking to live steps from the beach or investors looking for top-notch location.
Well-run building collecting partial reserves, with no current special assessments. Amazing deal in an even more amazing location!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,985
Year Built
- Built in 1966
HOA Fees
- $886 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Assigned Parking
Interior Spaces
- 940 Sq Ft Home
- Combination Dining and Living Room
- Tile Flooring
- Property Views
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Home Security
Additional Features
- Balcony
- South Facing Home
- East of U.S. Route 1
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-42-03-051-0060
Community Details
Overview
- 23 Units
- Low-Rise Condominium
- Collins Manor Condo
- Collins Manor Condo Subdivision
- 5-Story Property
Amenities
- Laundry Facilities
- Elevator
- Bike Room
Pet Policy
- Breed Restrictions
Security
- Card or Code Access
- Complex Is Fenced
- Impact Glass
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2024
Closed on
Feb 14, 2025
Sold by
Salinas Mark Andrew and Johnson Jennifer Lynn
Bought by
Rei Advisor Group Llc
Seller's Agent
Jason Zarco
BHHS EWM Realty
Buyer's Agent
Matthieu Mamoudi
London Foster Realty
List Price
$415,000
Sold Price
$355,000
Premium/Discount to List
-$60,000
-14.46%
Views
72
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.01%
Original Mortgage
$266,250
Outstanding Balance
$201,402
Interest Rate
6.93%
Mortgage Type
Construction
Estimated Equity
$242,557
Purchase Details
Listed on
Aug 15, 2014
Closed on
Nov 5, 2014
Sold by
Torres Anna
Bought by
Salinas Mark Andrew and Johnson Jennifer Lynn
Seller's Agent
Yacine Ansari
MMLS Assoc.-Inactive Member
Buyer's Agent
Linda Tartak
MMLS Assoc.-Inactive Member
List Price
$399,000
Sold Price
$392,000
Premium/Discount to List
-$7,000
-1.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.96%
Original Mortgage
$199,500
Interest Rate
4.26%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 26, 2012
Closed on
Nov 30, 2012
Sold by
Toimill Francisca and Elizondo Jose M
Bought by
Torres Anna
Seller's Agent
Max Bellomo
First Pro International Rlty
Buyer's Agent
Simone Doerr
Howard Chase Real Estate, LLC
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.16%
Purchase Details
Closed on
Aug 26, 2012
Sold by
Toimil Francisca and Elizondo Jose M
Bought by
Elizondo Jose M
Purchase Details
Closed on
Jun 10, 2009
Sold by
Toimil Francisca J and Elizondo Jose M
Bought by
Toimil Francisca and Elizondo Jose M
Purchase Details
Closed on
Oct 4, 2004
Sold by
Toimil Francisca J and Elizondo Carmen
Bought by
Toimil Francisca and Elizondo Carmen
Purchase Details
Closed on
Apr 29, 1998
Sold by
Toimil Francisca J
Bought by
Elizondo Carmen
Similar Homes in Miami Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $355,000 | Ititle Llc | |
| Warranty Deed | $392,000 | Attorney | |
| Warranty Deed | $2,108,333 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $266,250 | Construction | |
| Previous Owner | $199,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2025 06/21/25 | Price Changed | $575,000 | -3.4% | $612 / Sq Ft |
| 05/26/2025 05/26/25 | Price Changed | $595,000 | -3.3% | $633 / Sq Ft |
| 05/18/2025 05/18/25 | For Sale | $615,000 | +73.2% | $654 / Sq Ft |
| 02/18/2025 02/18/25 | Sold | $355,000 | -6.3% | $378 / Sq Ft |
| 10/08/2024 10/08/24 | Price Changed | $379,000 | -5.0% | $403 / Sq Ft |
| 09/19/2024 09/19/24 | Price Changed | $399,000 | -3.9% | $424 / Sq Ft |
| 09/03/2024 09/03/24 | For Sale | $415,000 | 0.0% | $441 / Sq Ft |
| 03/01/2021 03/01/21 | Rented | $1,900 | 0.0% | -- |
| 01/07/2021 01/07/21 | Price Changed | $1,900 | -2.6% | $2 / Sq Ft |
| 11/18/2020 11/18/20 | For Rent | $1,950 | 0.0% | -- |
| 11/07/2014 11/07/14 | Sold | $392,000 | -1.8% | $417 / Sq Ft |
| 09/23/2014 09/23/14 | Pending | -- | -- | -- |
| 08/15/2014 08/15/14 | For Sale | $399,000 | 0.0% | $424 / Sq Ft |
| 02/11/2014 02/11/14 | Rented | $2,200 | 0.0% | -- |
| 01/12/2014 01/12/14 | Under Contract | -- | -- | -- |
| 12/18/2013 12/18/13 | For Rent | $2,200 | 0.0% | -- |
| 12/04/2012 12/04/12 | Sold | $275,000 | -6.8% | $293 / Sq Ft |
| 10/08/2012 10/08/12 | Pending | -- | -- | -- |
| 07/26/2012 07/26/12 | For Sale | $295,000 | -- | $314 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $5,985 | $337,502 | -- | -- |
| 2023 | $5,985 | $306,820 | $0 | $0 |
| 2022 | $5,241 | $278,928 | $0 | $0 |
| 2021 | $5,524 | $286,080 | $0 | $0 |
| 2020 | $5,538 | $286,080 | $0 | $0 |
| 2019 | $5,772 | $298,000 | $0 | $0 |
| 2018 | $5,090 | $270,708 | $0 | $0 |
| 2017 | $7,215 | $374,349 | $0 | $0 |
| 2016 | $6,950 | $340,318 | $0 | $0 |
| 2015 | $6,130 | $309,380 | $0 | $0 |
| 2014 | $5,067 | $236,742 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthieu Mamoudi
Seller's Agent in 2025
Matthieu Mamoudi
London Foster Realty
(305) 905-0433
1 in this area
6 Total Sales
-
Jason Zarco
Seller's Agent in 2025
Jason Zarco
BHHS EWM Realty
(305) 674-4000
1 in this area
58 Total Sales
-
Roberto Cachinero
R
Seller Co-Listing Agent in 2025
Roberto Cachinero
BHHS EWM Realty
(305) 674-4000
1 in this area
42 Total Sales
-
Sebastian Zamudio
Seller's Agent in 2021
Sebastian Zamudio
Keller Williams Eagle Realty
(305) 733-3040
5 in this area
26 Total Sales
-
Y
Seller's Agent in 2014
Yacine Ansari
MMLS Assoc.-Inactive Member
-
Simone Doerr
Seller's Agent in 2014
Simone Doerr
Howard Chase Real Estate, LLC
(786) 942-7575
7 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11652673
APN: 02-4203-051-0060
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