Home » Miami Beach » The Pavilion Condo at 5601 Collins Ave Miami Beach » 5601 Collins Ave 1720, Miami Beach, FL 33140 | A11602277

5601 Collins Ave 1720, Miami Beach, FL 33140 | For Sale

$690,000
Price has decreased by $460,000

Property Highlights

Listing ID A11602277 Status of this Listing: Active Under Contract (An offer has been accepted, considering Backup Offers) For Sale Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,290 Sqft/119.84 m2 approx. Building Area 1,290 Sqft/119.84 m2 approx. COMMUNITY POOL Year Built 1968 Waterfront Has view of the Ocean Lease Term Minimum Duration: 7 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 7 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 on Rebonus 91 Day(s)
49 Photos of this Property

5601 Collins Ave 1720, Miami Beach, FL 33140

Property Description: WOW! Reduced for quick sale. 2 bed plus a den or office. Walk the shore at sunrise as the Atlantic ocean wakes up to you. Paradise found on Millionaire Row. This flawless, renovated open concept masterpiece looks out on the sparkling ocean waters and Miami city views. Huge apartment with third den/bedroom. Sleeps 9! Fully furnished! Motivated seller says sell. Italian marble. 2 bed plus a possible den or office. NEW appliances. Airbnb, short term rentals min 7 days allowed. Can be sold furnished. Spa, gym, pool, security, valet, cable, WiFi all included. Buyer pays assessments. 40 yr certification completed & impact windows. No doc loans possible for qualified buyers. Wholesale financing available for qualified buyers starting rates at 4.875% or $4116 per month P&I.

Useful Info

Contingency:3rd Party Approval
Previous Asking Price:$650,000
Original List Price:$1,150,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Entry Level (floor):17
Entry Level Location:17
Construction Materials:
  • Block
Flooring:
  • Tile
  • Ceramic Tile
Number of stories:18

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Canal
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Association
Security:
  • Key Card Entry
  • Elevator Secured
  • Lobby Secured
Appliances:
  • Dishwasher
  • Refrigerator
  • Electric Range
  • Electric Water Heater
  • Ice Maker
Interior Features:
  • First Floor Entry
  • Walk-in Closet(s)
  • Kitchen Island
  • Bedroom On Main Level
  • Elevator
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Laundry Features:
  • Washer Hookup
  • Common Area
  • Dryer Hookup
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$7,689

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:$1,438
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Other
Occupant Type:
  • Vacant
Buyer Possession:
  • Negotiable
Lease Considered:No

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Billiard Room
  • Bike Storage
  • Cabana
  • Clubhouse
  • Laundry
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
Subdivision Name:THE PAVILION CONDO
Association Fee Includes:
  • Roof
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Parking
  • Reserve Fund
  • Internet
  • Recreation Facilities
  • Hvac
  • Amenities
Complex Name:The Pavilion Condo
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

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

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:North Beach
High School:Miami Beach
Middle Or Junior School:Nautilus

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Canal,Ocean View
Housing Older Persons Act: No HOPA
Unit Design: East Of Us1,High Rise,Interior Hall
Type of Association: Condo
Minimum Number of Days for Lease: 7
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 52
Flood Zone : AE
Homeowner's Association Application Fee: 150
Rooms Description: Den/Library/Office
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 62
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:THE PAVILION CONDO UNIT 1720 UNDIV 0.0034045 % INT IN COMMON ELEMENTS OFF REC 16366-0389 OR 20720-3726 09/2002 1
Real Estate Folio Number (Parcel Number):02-32-11-062-2600
Public Survey Township:2
Public Survey Range:32
Public Survey Section:11

Listing History

Update/EventDate/Days
Published Date:June 6, 2024 12:34 pm
On Market Date:June 6, 2024
Price Change Date Time:August 13, 2024 3:52 pm
Last Important Update Description:Active Under Contract (An offer has been accepted, considering Backup Offers)
Date and Time of Last Important Update:August 13, 2024 3:52 pm
Status Last Changed:August 13, 2024 3:52 pm
Photos Last Modified:June 9, 2024 9:45 pm
Last Modified:September 5, 2024 2:11 pm
Days on the Market Reference Date:September 5, 2024
Days on the Market (updated on Last Modified*):91
Cumulative Days on the Market (updated on Last Modified**):472

Additional Information

Unit Location:East Of Us1,High Rise,Interior Hall
Number of Photos Count:49
Area:32
Ref ID:1076161987
Automated Valuation Display:Yes
Courtesy of:Keller Williams Eagle Realty
Universal Property Id:US-12025-N-0232110622600-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5601
Street Address:5601 Collins Ave 1720
Unit Number:1720
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5601 Collins Ave 1720, Miami Beach, FL 33140
Latitude:N25° 50' 12.5''
Longitude:W81° 52' 47.1''

Neighborhood

Postal City:Miami Beach
City Region:Millionaire Row

Property Map

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