Home » Miami Beach » The Alexander at 5225 Collins Ave Miami Beach » 5225 Collins Ave 708, Miami Beach, FL 33140 | A11480974

5225 Collins Ave 708, Miami Beach, FL 33140 | Sold

$519,000
closed for a price of $470,000

Property Highlights

Listing ID A11480974 Status of this Listing: Closed Sold Property Type Residential Hotel/motel In a Condo Hotel 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 960 Sqft/89.19 m2 approx. Building Area 960 Sqft/89.19 m2 approx. POOL Year Built 1962 Waterfront Has view of the Ocean Lease Term Minimum Duration: 1 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 1 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 175 Days
23 Photos of this Property

5225 Collins Ave 708, Miami Beach, FL 33140

Property Description: 7th floor condominium with ocean and intracoastal view. Open balcony, 960 sq feet. The building is a condo hotel and has an active hotel license for daily weekly or annual rentals. The building has been thoroughly renovated inside and out. Upscale restaurant, 2 pools, fitness center, bar care, shoppes, and new entrance for valet station. Concierge, boat rentals, water sports rental, complimentary beach chairs and umbrellas, beach chairs for owners. All utilities including cable and internet included in maintenance fee. Shabat elevator.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$549,000
Original List Price:$549,000
Close Price:$470,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Condo-hotel
Entry Level (floor):7
Entry Level Location:7
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:12

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Heated
Security:
  • Door Man
  • Secured Garage/parking
Furnished:
  • Furnished
Appliances:
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • Living/dining Room
  • First Floor Entry
  • Split Bedrooms
  • Bedroom On Main Level
  • French Door(s)/atrium Door(s)
  • Convertible Bedroom
Exterior Features:
  • Balcony
  • Porch
Patio and Porch Features:
  • Balcony
  • Open
  • Porch
Window Features:
  • Impact Glass
Door Features:
  • French Doors
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Electric
Property Entrance Faces:
  • North

Taxes and Expenses

Tax Annual Amount:$6,014

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:$1,477
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Clubhouse
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
Subdivision Name:THE ALEXANDER CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Parking
  • Electricity
  • Hot Water
  • Laundry
Complex Name:The Alexander Condominium
Senior Community:No
Restrictions: No Motorcycles, No Recreational Vehicles RV,No Restrictions, OK To Lease

Parking

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

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Ocean View
Housing Older Persons Act: Unverified
Water Access: Deeded Beach Access
Unit Design: Interior Hall
Type of Association: Condo
Minimum Number of Days for Lease: 1
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Homestead Tax
Number of times allowed to lease per year: 365
Flood Zone : AE
Homeowner's Association Application Fee: 150
Style: Condo-Hotel
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 19
Buyer Country of Residence: Unknown/Withheld
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:THE ALEXANDER CONDO UNIT 708 UNDIV 0.37671 INT IN COMMON ELEMENTS OFF REC 14648-1569 OR 22071-4336 02 2004 4 COC 22071-4336 02 2004 4
Real Estate Folio Number (Parcel Number):02-32-14-019-0940
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14
Title to the property is held by owner as:
  • Limited Partnership

Listing History

Update/EventDate/Days
Published Date:November 7, 2023 4:21 pm
On Market Date:September 26, 2023
Close Date:April 30, 2024
Price Change Date Time:March 6, 2024 12:38 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 1, 2024 2:54 pm
Status Last Changed:May 1, 2024 2:54 pm
Photos Last Modified:November 8, 2023 5:47 pm
Last Modified:May 1, 2024 6:55 pm
Days on the Market Reference Date:May 1, 2024
Days on the Market (updated on Last Modified*):181
Cumulative Days on the Market (updated on Last Modified**):181

Additional Information

Unit Location:Interior Hall
Number of Photos Count:23
Area:32
Ref ID:1046810833
Courtesy of:Coral Shores Realty
Universal Property Id:US-12025-N-0232140190940-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5225
Street Address:5225 Collins Ave 708
Unit Number:708
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5225 Collins Ave 708, Miami Beach, FL 33140
Latitude:N25° 49' 47.6''
Longitude:W81° 52' 44.1''

Neighborhood

Postal City:Miami Beach

Property Map

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