Home » Miami Beach » Oceanside Plaza at 5555 Collins Ave Miami Beach » 5555 Collins Ave 5V, Miami Beach, FL 33140 | A11622670

5555 Collins Ave 5V, Miami Beach, FL 33140 | For Sale

$455,000
Price has decreased by $40,000

Property Highlights

Listing ID A11622670 Status of this Listing: Active For Sale Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,048 Sqft/97.36 m2 approx. Building Area 1,048 Sqft/97.36 m2 approx. Year Built 1967 Waterfront Lease Term Minimum Duration: 365 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 365 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 on Rebonus 66 Day(s)
46 Photos of this Property

5555 Collins Ave 5V, Miami Beach, FL 33140

Property Description: Oceanfront resort-style living on Millionaire 's Row with this condo designed by architect Morris Lapidus. Unit is completely updated including impact sliding glass doors with oversized balcony & Intracoastal views. Oceanfront access to the beach, take advantage of valet parking. Lola restaurant located on-site. Pool & amenities, including gym & sports facilities, are currently closed for renovations, the ongoing 50-year certification will soon make the condo like new, featuring new amenities, Please see renders. Buyer will assume a special assessment of approx. $110,000. Your chance to buy into a building that will soon boast state of the art amenities, refreshed common areas & a sleek new look. Almost finished, this condo will be the perfect place to enjoy the best of waterfront living!

Useful Info

Previous Asking Price:$495,000
Original List Price:$495,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Tile
  • Ceramic Tile
Number of stories:18

Property Features

View from the Property:
  • Intercoastal
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Security:
  • Security Guard
  • Lobby Secured
Furnished:
  • Unfurnished
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • Pantry
  • Split Bedrooms
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$6,545

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:$3,902
Association Fee Frequency:
  • Quarterly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Trash
  • Clubhouse
  • Elevator(s)
  • Fitness Center
Subdivision Name:OCEANSIDE PLAZA CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
Complex Name:OCEANSIDE PLAZA CONDO
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership

Parking

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

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Intracoastal View
Housing Older Persons Act: No HOPA
Unit Design: High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Condominium
Pet Fee: 0
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 10
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:OCEANSIDE PLAZA CONDO UNIT 5V UNIDV 0.33893% INT IN COMMON ELEMENTS OFF REC 10102-365 COC 25064-0232 11 2006 1
Real Estate Folio Number (Parcel Number):02-32-14-010-2450
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:July 15, 2024 2:59 pm
On Market Date:July 15, 2024
Price Change Date Time:September 19, 2024 10:35 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:September 19, 2024 10:35 am
Status Last Changed:July 15, 2024 2:59 pm
Photos Last Modified:September 19, 2024 2:08 pm
Last Modified:September 19, 2024 2:37 pm
Days on the Market Reference Date:September 19, 2024
Days on the Market (updated on Last Modified*):66
Cumulative Days on the Market (updated on Last Modified**):66

Additional Information

Unit Location:High Rise
Number of Photos Count:46
Area:32
Ref ID:1077499012
Courtesy of:Enkasa, Inc.
Universal Property Id:US-12025-N-0232140102450-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5555
Street Address:5555 Collins Ave 5V
Unit Number:5V
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade
Full Address:5555 Collins Ave 5V, 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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