Home » Miami Beach » 57 Ocean Condo at 5775 Collins Ave Miami Beach » 5775 Collins Ave 301, Miami Beach, Florida 33140 | A11313685

5775 Collins Ave 301, Miami Beach, Florida 33140 | Sold

$8,900,000
closed for a price of $8,900,000

Property Highlights

Listing ID A11313685 Status of this Listing: Closed Sold Property Type Residential Condominium 4 Bedrooms 5 Bathrooms Total 4 Full Bath 1 Half Bath Living Space 2,904 Sqft/269.79 m2 approx. Building Area 4,847 Sqft/450.30 m2 approx. COMMUNITY POOL Year Built 2021 Waterfront Has view of the Ocean Lease Term Minimum Duration: 90 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 90 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 185 Days
2 Photos of this Property

5775 Collins Ave 301, Miami Beach, Florida 33140

Property Description: Experience Miami Beach 's finest oceanfront living at 57 Ocean, Beach House 1. Sited on the East-South-West corner of this 2021-built condo, this exquisitely finished residence has an excellent floor plan with 2,000-SF of wraparound terraces and squared patio equipped with summer kitchen. A beach lovers ' dream home comprising 2,900-SF of luxury interiors finished with marble and wood floors, high ceilings, designer light fixtures, frameless and pocket doors, marble kitchen, and sliding doors that completely open for seamless indoor-outdoor connection - all surrounded with the Atlantic Ocean and swaying palm trees. Oceanfront master suite with 2 built-in closets and luxe bath, 3 guest beds with en-suite baths, walk-in pantry, 3 valet spaces. Indulge on lavish amenities on the beachfront!

Useful Info

Contingency:No Contingencies
Original List Price:$8,900,000
Close Price:$8,900,000
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):3
Entry Level Location:3
Construction Materials:
  • Block
Flooring:
  • Other
Number of stories:18

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Association
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Eat-in Kitchen
  • Living/dining Room
  • Dining Area
  • Separate/formal Dining Room
  • Pantry
  • Closet Cabinetry
  • Built-in Features
  • Elevator
  • Main Level Primary
  • Separate Shower
  • Dual Sinks
  • Bidet
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$81,921

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:2022
Association Fee:$6,830
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$6,830
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Library
  • Pool
  • Sauna
  • Spa/hot Tub
  • Cabana
  • Clubhouse
  • Playground
  • Elevator(s)
  • Fitness Center
Subdivision Name:57 OCEAN CONDO
Association Fee Includes:
  • Sewer
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Parking
  • Amenities
Complex Name:57 OCEAN CONDO
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:3
Covered Spaces:3
Parking Features:
  • Two Or More Spaces
  • Valet

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Ocean View,Direct Ocean
Housing Older Persons Act: Unverified
Water Access: None
Unit Design: Corner Unit
Type of Association: Condo
Minimum Number of Days for Lease: 90
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Buyer Country of Residence: Unknown/Withheld
Number of times allowed to lease per year: 4
Homeowner's Association Application Fee: 100
Style: Condo 5+ Stories
Municipal Code: 2
Subdivision Number: 32

Zoning and Legal

Tax Legal Description:57 OCEAN CONDO UNIT 301 UNDIV 1.8872% INT IN COMMON ELEMENTS OFF REC 32797-1
Real Estate Folio Number (Parcel Number):02-32-11-032-0010
Public Survey Township:2
Public Survey Range:32
Public Survey Section:11

Listing History

Update/EventDate/Days
Published Date:December 12, 2022 12:00 am
On Market Date:December 12, 2022
Close Date:June 15, 2023
Price Change Date Time:December 9, 2022 1:18 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:June 21, 2023 12:48 pm
Status Last Changed:June 21, 2023 12:48 pm
Photos Last Modified:June 21, 2023 5:03 pm
Last Modified:June 21, 2023 4:48 pm
Days on the Market (updated on Last Modified*):37
Cumulative Days on the Market (updated on Last Modified**):197

Additional Information

Unit Location:Corner Unit
Number of Photos Count:2
Area:32
Ref ID:1031762689
Courtesy of:BHHS EWM Realty
Universal Property Id:US-12086-N-0232110320010-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5775
Street Address:5775 Collins Ave 301
Unit Number:301
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5775 Collins Ave 301, Miami Beach, Florida 33140
Latitude:N25° 50' 21.4''
Longitude:W81° 52' 46.6''

Neighborhood

Postal City:Miami Beach

Property Map

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