Home » Miami Beach » 57 Ocean Condo at 5775 Collins Ave Miami Beach » 5775 Collins Ave 402, Miami Beach, FL 33140 | A11602237

Sold 5775 Collins Ave 402, Miami Beach, FL 33140

$6,095,000
closed for a price of $5,625,000

Property Highlights

Listing ID A11602237 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 3 Bathrooms Total 3 Full Bath Living Space 1,612 Sqft/149.76 m2 approx. Building Area 1,612 Sqft/149.76 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 102 Days

5775 Collins Ave 402, Miami Beach, FL 33140

Property Description: Highly sought after 2 Bedroom + Den, 3 Bath Unit on the Sand at 57 Ocean - Millionaire 's Row. This residence features floor-to-ceiling Windows, 12 foot deep Terraces, open floor plan, Private Elevator and Foyer. there are top of the line Poliform Kitchen, Bathrooms and Closets Sub Zero and Wolf Appliances. This Residence also comes with a Lutron Savant System that controls the Home.

Useful Info

Original List Price:$6,095,000
Close Price:$5,625,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):4
Entry Level Location:4
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
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • 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
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$59,122

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:$4,431
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
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:AMD PL OF 2ND OCEAN FRONT
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

More Details

Other Information:
Unit ViewOcean View
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease90
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year4
Flood ZoneAE
Homeowner's Association Application Fee100
Rooms DescriptionDen/Library/Office
Style Condo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number32
Buy StateFlorida
Buyer Country of ResidenceUSA
Water Access Description:None

Zoning and Legal

Tax Legal Description:57 OCEAN CONDO UNIT UNIT 402 UNDIV 1.1038% OFF REC 32797-1625
Real Estate Folio Number (Parcel Number):02-32-11-032-0160
Public Survey Township:2
Public Survey Range:32
Public Survey Section:11

Listing History

Update/EventDate/Days
Published Date:June 6, 2024 2:12 pm
On Market Date:June 6, 2024
Close Date:September 16, 2024
Price Change Date Time:June 6, 2024 12:01 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 18, 2024 4:04 pm
Status Last Changed:September 18, 2024 4:04 pm
Photos Last Modified:June 6, 2024 6:30 pm
Last Modified:September 18, 2024 8:04 pm
Days on the Market Reference Date:September 18, 2024
Days on the Market (updated on Last Modified*):71
Cumulative Days on the Market (updated on Last Modified**):71

Additional Information

Unit Location:High Rise
Number of Photos:15
Location:,,
Included:,,
Area:32
Courtesy of:PGutman, LLC
Universal Property Id:US-12025-N-0232110320160-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5775
Street Address:5775 Collins Ave 402
Unit Number:402
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade
Full Address:5775 Collins Ave 402, 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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