Home » Miami Beach » Imperial House at 5255 Collins Ave Miami Beach » 5255 Collins Ave PHA, Miami Beach, Florida 33140 | A11350806

5255 Collins Ave PHA, Miami Beach, Florida 33140 | Sold

$3,500,000
closed for a price of $2,000,000

Property Highlights

Listing ID A11350806 Status of this Listing: Closed Sold Property Type Residential Condominium 5 Bedrooms 7 Bathrooms Total 6 Full Bath 1 Half Bath Living Space 5,945 Sqft/552.31 m2 approx. Building Area 5,945 Sqft/552.31 m2 approx. COMMUNITY POOL Year Built 1963 Waterfront Has view of the Ocean Lease Term Minimum Duration: 180 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 180 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 181 Days
13 Photos of this Property

5255 Collins Ave PHA, Miami Beach, Florida 33140

Property Description: Live in one the most iconic Art Deco buildings in the heart of Miami Beach. This expansive residence offers an incredible 5,945 int SF and ~2,500 SF of terrace space. The perfect place to relax and unwind while enjoying the cool ocean breeze with an open-concept layout that provides a seamless flow between the living, dining, and kitchen areas. Your own private oasis with unparalleled views of the ocean and city skyline, Imperial House is a true gem in the heart of Miami Beach with easy access to all the best that this vibrant city has to offer. From world-class restaurants and luxury boutiques to pristine beaches and exciting nightlife, you are never far from the action.

Residential Condominium Sold located at 5255 Collins Ave PHA Miami Beach Florida 33140 in Miami-Dade County referenced as ID MLS # A11350806. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$4,000,000
Original List Price:$5,000,000
Close Price:$2,000,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
  • Penthouse
Entry Level (floor):15
Entry Level Location:15
Construction Materials:
  • Block
Flooring:
  • Other
Number of stories:15

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • City
  • Other
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Association
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Other
  • Built-in Oven
  • Electric Range
Interior Features:
  • First Floor Entry
  • Walk-in Closet(s)
  • Built-in Features
  • Other
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$42,166

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:$7,482
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$7,482
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
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):
  • Pool
  • Billiard Room
  • Bike Storage
  • Clubhouse
  • Other
  • Barbecue
  • Fitness Center
  • Picnic Area
  • Trail(s)
Subdivision Name:IMPERIAL HOUSE CONDO
Association Fee Includes:
  • Maintenance Structure
  • Common Areas
  • Amenities
Complex Name:Imperial House
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space
  • Valet

More Details

Other Information:
Unit View: Ocean View,Direct Ocean,Other View,Skyline View
Housing Older Persons Act: No HOPA
Water Access: Other
Unit Design: High Rise,Penthouse
Type of Association: Condo
Minimum Number of Days for Lease: 180
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects City & County Tax
Buyer Country of Residence: Unknown/Withheld
Number of times allowed to lease per year: 2
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 7

Zoning and Legal

Tax Legal Description:IMPERIAL HOUSE CONDO UNITS PH A & C/D UNDIV 1.54103% & 1.01470% INT IN COMMON ELEMENTS CLERKS FILE 73R 119870 OR 9962-0614 0278 4
Real Estate Folio Number (Parcel Number):02-32-14-007-1260
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:March 2, 2023 4:09 pm
On Market Date:March 2, 2023
Close Date:August 30, 2023
Price Change Date Time:June 7, 2023 10:17 am
Last Important Update Description:Closed
Date and Time of Last Important Update:August 30, 2023 1:16 pm
Status Last Changed:August 30, 2023 1:16 pm
Photos Last Modified:March 2, 2023 9:24 pm
Last Modified:August 30, 2023 5:16 pm
Days on the Market (updated on Last Modified*):125
Cumulative Days on the Market (updated on Last Modified**):125

Additional Information

Unit Location:High Rise,Penthouse
Number of Photos Count:13
Area:32
Ref ID:1033882830
Courtesy of:The Corcoran Group
Universal Property Id:US-12086-N-0232140071260-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5255
Street Address:5255 Collins Ave PHA
Unit Number:PHA
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5255 Collins Ave PHA, Miami Beach, Florida 33140
Latitude:N25° 49' 49.9''
Longitude:W81° 52' 44.3''

Neighborhood

Postal City:Miami Beach

Property Map

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