Home » Miami Beach » Collins Vista at 1150 Collins Avenue Miami Beach » 1150 Collins Ave 501, Miami Beach, FL 33139 | A11456881

Sold 1150 Collins Ave 501, Miami Beach, FL 33139

$535,000
closed for a price of $515,000

Property Highlights

Listing ID A11456881 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 980 Sqft/91.04 m2 approx. Building Area 980 Sqft/91.04 m2 approx. Year Built 1981 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 84 Days

1150 Collins Ave 501, Miami Beach, FL 33139

Property Description: Discover the allure of Miami Beach living in this 2-bd, 2-ba gem, just steps away from the beach. Corner unit with a wrap around balcony welcoming an abundance of natural light, complemented by 180-degree views of Miami’s beautiful sunsets over Downtown Miami and a slight ocean view. Fully equipped with impact windows and doors. 40 year certification has been completed and free of any special assessments. This unit includes one covered and gated parking spot. But what truly makes this property an investment opportunity is its potential for short-term rentals, with proper licensing. Seize this chance to relish the Miami Beach lifestyle in this extraordinary apartment. Schedule your showing today and immerse yourself in the charm and vibrancy of coastal living.

Useful Info

Contingency:Other
Original List Price:$535,000
Close Price:$515,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Vinyl
Number of stories:5

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:No
Security:
  • Elevator Secured
  • Complex Fenced
  • Intercom
  • Secured Garage/parking
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • Walk-in Closet(s)
  • Elevator
Exterior Features:
  • Security/high Impact Doors
Window Features:
  • Impact Glass
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$5,107

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:$428
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Owner
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Laundry
  • Elevator(s)
Subdivision Name:COLLINS VISTA CONDO
Association Fee Includes:
  • Water
  • Common Areas
  • Insurance
  • Parking
  • Reserve Fund
  • Laundry
Complex Name:Collins Vista
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, See Remarks

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Attached Garage:Yes
Parking Features:
  • One Space
  • Garage
  • Attached
  • Covered
  • Underground

More Details

Other Information:
Unit ViewOcean View
Housing Older Persons ActUnverified
Unit DesignCorner Unit
Type of AssociationHomeowners
Minimum Number of Days for Lease180
Type of Governing BodiesHomeowner Association
Tax InformationTax Reflects Homestead Tax
Number of times allowed to lease per year2
Flood ZoneAE
Homeowner's Association Application Fee150
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number70
Buy StateFlorida
Buyer Country of ResidenceUSA

Zoning and Legal

Tax Legal Description:COLLINS VISTA CONDO UNIT 501 UNDIV 4.5% INT IN COMMON ELEMENTS OFF REC 10985-938 OR 18929-2784 1299 1 COC 21900-3488 11 2003 1
Real Estate Folio Number (Parcel Number):02-32-34-070-0040
Public Survey Township:2
Public Survey Range:32
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:September 21, 2023 2:36 pm
On Market Date:September 21, 2023
Close Date:December 14, 2023
Price Change Date Time:September 21, 2023 1:39 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:December 14, 2023 4:17 pm
Status Last Changed:December 14, 2023 4:17 pm
Photos Last Modified:October 30, 2023 4:29 pm
Last Modified:December 14, 2023 9:18 pm
Days on the Market (updated on Last Modified*):53
Cumulative Days on the Market (updated on Last Modified**):53

Additional Information

Unit Location:Corner Unit
Number of Photos:35
Location:,,
Included:,,
Area:32
Courtesy of:EXP Realty LLC
Universal Property Id:US-12025-N-0232340700040-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:1150
Street Address:1150 Collins Ave 501
Unit Number:501
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1150 Collins Ave 501, Miami Beach, FL 33139
Latitude:N25° 46' 57.8''
Longitude:W81° 52' 6.4''

Neighborhood

Postal City:Miami Beach

Property Map

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