Home » Miami Beach » 57 Ocean Condo at 5775 Collins Ave Miami Beach » 5775 Collins Ave 701, Miami Beach, FL 33140 | A11382337

5775 Collins Ave 701, Miami Beach, FL 33140 | Sold

$7,400,000
closed for a price of $7,100,000

Property Highlights

Listing ID A11382337 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 4 Bathrooms Total 3 Full Bath 1 Half Bath Living Space 1,972 Sqft/183.20 m2 approx. Building Area 1,972 Sqft/183.20 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 98 Days
27 Photos of this Property

5775 Collins Ave 701, Miami Beach, FL 33140

Property Description: 57 Ocean 's last remaining never lived in developer unit on the sand on Millionaire 's Row. This residence features floor-to-ceiling windows. 12 Ft deep terraces, open floor plan, private elevator and foyer. There are top of the line poliform kitchen and bathrooms. SubZero and Wolf appliances.

Residential Condominium Sold located at 5775 Collins Ave 701 Miami Beach FL 33140 in Miami-Dade County referenced as ID MLS # A11382337. 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:Other
Original List Price:$7,400,000
Close Price:$7,100,000

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:
  • 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
Security:
  • Door Man
  • Security Guard
  • Elevator Secured
Furnished:
  • Negotiable
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:$72,133

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:$4,887
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
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:2
Covered Spaces:2
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
Buy State: Florida
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: USA
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 701 UNDIV 1.3504% INT IN COMMON ELEMENTS OFF REC 32797-1625
Real Estate Folio Number (Parcel Number):02-32-11-032-0050
Public Survey Township:2
Public Survey Range:32
Public Survey Section:11

Listing History

Update/EventDate/Days
Published Date:May 15, 2023 3:04 pm
On Market Date:May 9, 2023
Close Date:August 21, 2023
Price Change Date Time:May 4, 2023 2:04 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:October 6, 2023 4:24 pm
Status Last Changed:October 6, 2023 4:24 pm
Photos Last Modified:May 15, 2023 7:24 pm
Last Modified:October 11, 2023 7:48 pm
Days on the Market (updated on Last Modified*):52
Cumulative Days on the Market (updated on Last Modified**):52

Additional Information

Unit Location:Corner Unit
Number of Photos Count:27
Area:32
Ref ID:1037500195
Courtesy of:PGutman, LLC
Universal Property Id:US-12025-N-0232110320050-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5775
Street Address:5775 Collins Ave 701
Unit Number:701
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5775 Collins Ave 701, Miami Beach, FL 33140
Latitude:N25° 50' 21.4''
Longitude:W81° 52' 46.6''

Neighborhood

Postal City:Miami Beach

Property Map

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