Home » Miami Beach » 57 Ocean Condo at 5775 Collins Ave Miami Beach » 5775 Collins Ave 1205, Miami Beach, FL 33140 | A11482601

5775 Collins Ave 1205, Miami Beach, FL 33140 | Sold

$2,995,000
closed for a price of $2,750,000

Property Highlights

Listing ID A11482601 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,245 Sqft/115.66 m2 approx. Building Area 1,754 Sqft/162.95 m2 approx. COMMUNITY POOL Year Built 2021 Waterfront 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 136 Days
28 Photos of this Property

5775 Collins Ave 1205, Miami Beach, FL 33140

Property Description: Luxury 2 Bedroom 2.5 Bath Residence at Miami Beach 's newest, premier Oceanfront building - 57 Ocean. This Residence boasts INTRACOASTAL, LA GORCE COUNTY CLUB & BISCAYNE BAY VIEWS! It has floor-to-ceiling windows and an open floorplan. Exceptional finishes throughout include Poliform Kitchen and Baths with marble countertops, waterfall island and sub-zero/Wolf appliances. Marble Baths are encased in natural stone and appointed with designer fixtures. Step out to an expansive 12 ' deep terrace with over 500 sf of space ideal for outdoor entertaining. Located on the pristine sands of Millionaires row, 57 Ocean offers its 69 residents 5-star amenities including concierge, fitness center by Technogym, spa, beach service and both oceanfront and sunset pools.

Useful Info

Previous Asking Price:$3,350,000
Original List Price:$3,350,000
Close Price:$2,750,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Architectural Style:
  • High Rise
Entry Level (floor):12
Entry Level Location:12
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:19

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Bay
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Security Guard
  • Elevator Secured
  • Lobby Secured
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Built-in Oven
  • Electric Range
Interior Features:
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Kitchen Island
  • Bedroom On Main Level
  • Separate Shower
  • Dual Sinks
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
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • West

Taxes and Expenses

Tax Annual Amount:$36,125

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:2023
Association Fee:$3,232
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects County Only Tax

Terms

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

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Bike Storage
  • Trash
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Community Kitchen
Subdivision Name:AMD PL OF 2ND OCEAN FRONT
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Security
  • Maintenance Structure
  • Association Management
  • Insurance
  • Parking
  • Hot Water
  • Amenities
Complex Name:57 Ocean Condo
Senior Community:No
Restrictions: OK To Lease

Parking

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

More Details

Other Information:
Unit View: Bay,Intracoastal View
Housing Older Persons Act: No HOPA
Water Access: Deeded Beach Access
Unit Design: High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 180
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects County Only Tax
Number of times allowed to lease per year: 2
Homeowner's Association Application Fee: 100
Style: Condo 5+ Stories
Municipal Code: 2
Subdivision Number: 32
Buy State: Florida
Buyer Country of Residence: USA
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:57 OCEAN CONDO UNIT 1705 UNDIV 0.8053% INT IN COMMON ELEMENTS OFF REC 32797-1625
Real Estate Folio Number (Parcel Number):02-32-11-032-0560
Public Survey Township:2
Public Survey Range:32
Public Survey Section:11

Listing History

Update/EventDate/Days
Published Date:November 7, 2023 3:11 pm
On Market Date:November 1, 2023
Close Date:March 22, 2024
Price Change Date Time:February 5, 2024 1:48 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:March 25, 2024 12:59 pm
Status Last Changed:March 25, 2024 12:59 pm
Photos Last Modified:November 17, 2023 4:56 pm
Last Modified:March 25, 2024 5:00 pm
Days on the Market Reference Date:March 25, 2024
Days on the Market (updated on Last Modified*):136
Cumulative Days on the Market (updated on Last Modified**):136

Additional Information

Unit Location:High Rise
Number of Photos Count:28
Area:32
Ref ID:1046807965
Courtesy of:PGutman, LLC
Universal Property Id:US-12025-N-0232110320560-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5775
Street Address:5775 Collins Ave 1205
Unit Number:1205
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5775 Collins Ave 1205, 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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