Home » Miami Beach » Terrace View Towers at 240 Collins Ave Miami Beach » 240 Collins Ave 7E w/Parking, Miami Beach, FL 33139 | A10667766

Sold 240 Collins Ave 7E w/Parking, Miami Beach, FL 33139

$289,900
closed for a price of $285,000

Property Highlights

Listing ID A10667766 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bathrooms Total 1 Full Bath Living Space 440 Sqft/40.88 m2 approx. Building Area 440 Sqft/40.88 m2 approx. Year Built 1970 Has view of the Ocean Lease Term Minimum Duration: 181 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 181 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 1780 Days

240 Collins Ave 7E w/Parking, Miami Beach, FL 33139

Property Description: Welcome to South Beach 's finest ocean view penthouse studio! This residence boasts a private balcony with an Atlantic Ocean view. Situated in the highly sought-after South of Fifth neighborhood, you 'll have easy access to world-class dining and entertainment options one block from the beach. Spacious floor plan, new AC, new light fixtures, new plumbing fixtures and freshly painted. Building features a recently remodeled lobby, new roof, secure gated and covered parking along with on site laundry facilities. Building completed 50 year certification. One parking space included. Don 't miss this extraordinary opportunity to own a studio with an ocean view balcony. See broker remarks below. Please use show assist.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$299,900
Original List Price:$269,000
Close Price:$285,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):7
Entry Level Location:7
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
  • Concrete
Number of stories:7
Number of Units in the Community or Building:36

Property Features

Has View:Yes
View from the Property:
  • Garden
  • Ocean
  • Water
Waterfront:No
Security:
  • Elevator Secured
  • Lobby Secured
  • Complex Fenced
  • Secured Garage/parking
Furnished:
  • Unfurnished
Appliances:
  • Refrigerator
  • Gas Range
Interior Features:
  • Other
  • Main Living Area Entry Level
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
Other Structures:
  • Apartment
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Property Entrance Faces:
  • South

Taxes and Expenses

Tax Annual Amount:$3,195

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$438
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$438
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Disclosures:
  • Owner Is Listing Agent
  • Flood Plain Disclosure
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Bike Storage
  • Trash
  • Laundry
  • Elevator(s)
Subdivision Name:TERRACE VIEW TOWERS CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Insurance
  • Parking
  • Hot Water
  • Laundry
Complex Name:Terrace View Towers
Senior Community:No
Development Name:Terrace View Towers
Restrictions: Exterior Alterations, Limited Number of Vehicles, No Recreational Vehicles RV, No Truck, Renting Limited

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Attached Garage:Yes
Parking Features:
  • One Space
  • Garage
  • Garage Door Opener
  • Attached
  • Covered
  • On Street

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Zolfo Springs Elementary School
High School:Miami Beach

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewGarden View,Ocean View,Water View
Housing Older Persons ActNo HOPA
Unit DesignEast Of Us1
Type of AssociationCondo
Rooms DescriptionStudio Apartment
Style Condo 5+ Stories
Type of Governing BodiesCondominium
Water AccessNone
Tax InformationTax Reflects No Exemptions
Flood ZoneAE
Homeowner's Association Application Fee100
FEMA Flood Zone DesignationsAE
PACE (Property Assessed Clean Energy) program0
Municipal Code0
Subdivision Number115
Minimum Number of Days for Lease181
Number of times allowed to lease per year2
Buy StateNew York
Buyer Country of ResidenceUSA
Water Access Description:None

Zoning and Legal

Tax Legal Description:TERRACE VIEW TOWERS CONDO UNIT 7-E SEVENTH FLOOR UNDIV 1.85% INT IN COMMON ELEMENTS CLERKS FILES 70R142234 & 70R213939 OR 15847-2613 0193 1
Real Estate Folio Number (Parcel Number):02-42-03-115-0370
Public Survey Township:50
Public Survey Range:42
Public Survey Section:24

Listing History

Update/EventDate/Days
Published Date:May 13, 2019 6:11 pm
On Market Date:May 13, 2019
Close Date:March 27, 2024
Price Change Date Time:January 13, 2024 7:26 am
Last Important Update Description:Closed
Date and Time of Last Important Update:March 27, 2024 11:32 am
Status Last Changed:March 27, 2024 11:32 am
Photos Last Modified:November 19, 2023 9:50 am
Last Modified:March 27, 2024 3:32 pm
Days on the Market Reference Date:March 27, 2024
Days on the Market (updated on Last Modified*):1395
Cumulative Days on the Market (updated on Last Modified**):1395

Additional Information

Unit Location:East Of Us1
Number of Photos:16
Location:,,
Included:,,
Area:42
Courtesy of:Nirit Realty, Inc.
Universal Property Id:US-12086-N-0242031150370-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:240
Street Address:240 Collins Ave 7E w/Parking
Unit Number:7E w/Parking
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:240 Collins Ave 7E w/Parking, Miami Beach, FL 33139
Latitude:N25° 46' 18.7''
Longitude:W81° 51' 57.6''

Neighborhood

Postal City:Miami Beach
City Region:Sea Oats Of Juno Bea

Property Map

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