Home » Miami Beach » Oceanside Plaza at 5555 Collins Ave Miami Beach » 5555 Collins Ave 5T, Miami Beach, FL 33140 | A11494429

5555 Collins Ave 5T, Miami Beach, FL 33140 | Sold

$480,000
closed for a price of $475,000

Property Highlights

Listing ID A11494429 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,064 Sqft/98.85 m2 approx. Building Area 1,064 Sqft/98.85 m2 approx. COMMUNITY POOL Year Built 1967 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 119 Days
29 Photos of this Property

5555 Collins Ave 5T, Miami Beach, FL 33140

Property Description: Ocean Front Resort Style living in the heart of Miami Beach 's prestigious Millionaire 's Row, The nearing completion of its 50-year recertification, is restoring its original charm with new infrastructure, elevators, balconies, pool deck, and lobby. Spectacular views of the Intracoastal and sunsets from your large balcony with 2 Large Bedrooms, 2 Bathrooms. Building amenities include direct beach access with beach service, spa, sauna, Gym, basketball, racquetball, billiard room, and many more. Enjoy this beautiful property situated right on the beach, it will be like building brand new when completed

Useful Info

Contingency:3rd Party Approval
Original List Price:$480,000
Close Price:$475,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
  • Brick
Flooring:
  • Other
Number of stories:17

Property Features

View from the Property:
  • Other
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
  • Door Man
  • Key Card Entry
  • Lobby Secured
Appliances:
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Electric Range
  • Electric Water Heater
Interior Features:
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Bedroom On Main Level
Exterior Features:
  • Balcony
  • Other
Patio and Porch Features:
  • Balcony
  • Open
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Gas

Taxes and Expenses

Tax Annual Amount:$5,783

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:$1,131
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:Yes

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Laundry
  • Elevator(s)
  • Fitness Center
Subdivision Name:OCEANSIDE PLAZA CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Common Areas
  • Amenities
Complex Name:OCEANSIDE PLAZA CONDO
Senior Community:No
Restrictions: Corporate Buyer OK, Limited Number of Vehicles, Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Valet

More Details

Other Information:
Unit View: Other View
Housing Older Persons Act: Unverified
Unit Design: East Of Us1
Type of Association: Condo
Minimum Number of Days for Lease: 180
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 2
Flood Zone : AE
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 10
Buy State: Florida
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:OCEANSIDE PLAZA CONDO UNIT 5T UNIDV 0.33893% INT IN COMMON ELEMENTS OFF REC 10102-365 OR 13853-779 1088 4
Real Estate Folio Number (Parcel Number):02-32-14-010-2190
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:December 1, 2023 5:07 pm
On Market Date:November 30, 2022
Close Date:March 29, 2024
Price Change Date Time:December 1, 2023 2:07 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:April 4, 2024 2:34 pm
Status Last Changed:April 4, 2024 2:34 pm
Photos Last Modified:December 1, 2023 10:22 pm
Last Modified:April 4, 2024 6:35 pm
Days on the Market Reference Date:April 4, 2024
Days on the Market (updated on Last Modified*):454
Cumulative Days on the Market (updated on Last Modified**):454

Additional Information

Unit Location:East Of Us1
Number of Photos Count:29
Area:32
Ref ID:1050653002
Automated Valuation Display:Yes
Courtesy of:Optimar International Realty
Universal Property Id:US-12025-N-0232140102190-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5555
Street Address:5555 Collins Ave 5T
Unit Number:5T
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5555 Collins Ave 5T, Miami Beach, FL 33140
Latitude:N25° 50' 7.7''
Longitude:W81° 52' 47.5''

Neighborhood

Postal City:Miami Beach

Property Map

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