$10,200,000
SOLD FEB 9, 2021

8955 Collins Ave Unit 501 Surfside, FL 33154

4 Beds
4 Baths
3,925 Sq Ft
$7,261/mo HOA Fee

Recently Sold

$2,599 Per Sq Ft

6% Above List Price

306 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 March 2023

Arte, a boutique collection of 16 oceanfront residences by Citterio & Viel in collaboration with Kobi Karp. 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. Immediate occupancy.

Last Agent to Sell the Property

Tara West

Douglas Elliman License #3068653 Listed on: 02/28/2020

Douglas Elliman

Co-Listed By

Miltiadis Kastanis

Compass Florida, LLC. License #3301126

Last Buyer's Agent

Marci DeClaris

Compass Florida, LLC. License #3443984

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $215,938

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $7,261 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Direct Ocean
  • Skyline
  • Pool

Home Design

  • Elevated Home
  • Concrete Block And Stucco Construction
  • Stone

Interior Spaces

  • 3,925 Sq Ft Home
  • Built-In Features
  • Entrance Foyer
  • Great Room
  • Open Floorplan
  • Den

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • 4 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

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 Condominium
  • Arte Surfside Condos
  • Arte Surfside Subdivision
  • 12-Story Property

Amenities

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

Recreation

  • Fitness Center
  • Bike Trail
  • Tennis Courts

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

Est. Annual Taxes

$215,938

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$7,261 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: DEOM10
  • Co List Office Phone: 305-677-5000
  • Directions: Sales gallery located 8955 Collins Avenue, Surfside, Miami Beach
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • 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: Built-in Features, Cooking Island, Elevator, Fire Sprinklers, Entrance Foyer, Pantry, Roman Tub, Den/Library/Office, Great Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3925
  • Possible Use: Unknown/Withheld
  • Stories: 12
  • Bedroom Features: Entry Level, Sitting Area - Master Bedroom
  • Dining Room Features: Family/Dining Combination, Kitchen Dining
  • Living Room Features: Den/Library/Office, Great Room, Utility Room/Laundry
  • 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, Wrap Around
  • Pool Private: No
  • 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: Assigned, Valet, Limited # Of Vehicle

Utilities

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

Condo/Co-op/Association

  • Association Fee: 7261
  • Amenities: Bike/Jog Path, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage
  • 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

Multi Family

  • Maintenance Expense: 7261

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Mar 31, 2023
Sold by
Party Of 5 Llc
Bought by
Surfside 8955 Trust and Meland
Seller's Agent
Comp Sale
Comp Only Sales
Buyer's Agent
Devin Kay
Douglas Elliman
Sold Price
$14,097,900
Current Estimated Value
$9,674,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,423,818
Avg. Annual Appreciation
-14.98%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $14,097,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $14,097,900 +38.2% $3,919 / Sq Ft
02/09/2021 02/09/21 Sold $10,200,000 +2.5% $2,599 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/21/2020 12/21/20 Price Changed $9,950,000 +3.7% $2,535 / Sq Ft
02/26/2020 02/26/20 For Sale $9,595,999 -- $2,445 / 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 $215,938 $11,511,500 -- --
2024 $192,877 $11,511,500 -- --
2023 $192,877 $10,010,000 $0 $0
2022 $173,383 $9,100,000 $0 $0
2021 $137,153 $7,000,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10824191

MIAMI REALTORS® MLS

APN: 14-2235-050-0040