Listing Price: $629,000Initial Est. $3,682.35/mo

5225 Collins Ave
Apt 1216, Miami Beach, FL 33140
Miami-Dade

  • 2 beds
  • 2 baths
  • 960 sqft
  • 1962 built
  • $655 per sqft

Basic Information

  • Pool :
  • Flooring : "Ceramic Floor"
  • Cooling : "Central Air"
  • Heating : "Central"
  • Total Parking Spaces : 1
  • Garage Spaces : 1
  • Sewer :
  • Stories Total : 17
  • Construction Materials : "CBS Construction"
  • Roof :
  • Listing Status : Active

About This Property

  • Public Remarks : This north-facing 2/2 remodeled unit at the Alexander Hotel offers ocean and bay views. This furnished and spacious unit features a split plan layout, with an updated kitchen and bathrooms. Owners have the option to enroll in the Hotel Rental Program to generate income while not using. The Alexander Hotel provides a range of amenities to enhance your stay including valet parking, concierge service, maid service, gym, spa, restaurant, hair salon, cafe/bakery/wine shop, 2 pools, poolside tiki bar & beach service. The maintenance fee covers electricity, central AC, Wi-Fi, hot water & cable ensuring a comfortable and hassle-free stay. To get a better sense of the property, you can click on the virtual tour link to watch a video.

Agency

This listing is courtesy of:
  • Agency Name : Coldwell Banker Realty
  • Agency Phone : 305-672-6300
  • Agency ID : CBRE68
  • MLS ID : A11398678
  • Agent Name : Michele Redlich
  • Agent Phone : 305-725-3119
  • Agent Email : michele@investmiamibeach.com
  • Listing Terms : "All Cash", "Conventional"
  • Showing Instructions : Call Listing Agent

Amenities & Features

  • Architectural Style : "High Rise"
  • Appliances : "Dishwasher", "Dryer", "Ice Maker", "Microwave", "Electric Range", "Refrigerator", "Washer"
  • Patio & Porch Features : "Open Balcony"
  • Interior Features : "Fire Sprinklers", "Split Bedroom", "Walk-In Closet(s)"
  • Association Amenities : "Bar", "Bike\/Jog Path", "Barbecue", "Cabana", "Elevator(s)", "Exercise Room", "Heated Pool", "Other", "Child Play Area", "Pool", "Trash Chute"
  • Building Features :
  • Door Features : "High Impact Doors"
  • Exterior Features : "Open Balcony"
  • Fireplace Features :
  • Security Features : "Fire Sprinklers", "Smoke Detector", "Elevator Secure", "Fire Alarm", "Security Patrol"

Location

5225 COLLINS AVE APT 1216, MIAMI BEACH, FL 33140

  • Address : 5225 COLLINS AVE APT 1216, MIAMI BEACH, FL 33140
  • City : Miami Beach
  • County : Miami-Dade
  • State : FL
  • Country : USA
  • Zip Code : 33140
  • Latitude : 25.82986641
  • Longitude : -80.12109375

Fees & Taxes

  • Tax Billed Amount : $6,431
  • Tax Market Value Year : 2023
  • Association Fee : $1,808

Walk Score

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Taxes, Fees and Financial

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Florida Mortgage Rates
30 Year Fixed7.15%-0.07
15 Year Fixed6.25%-0.15
5/1 ARM6.81%-0.13
Source: Mortgage Rates
Home PriceRefers to the value associated with the purchase or sale of a residential property.InterestThe percentage of the loan amount that you pay to the lender as a fee for borrowing the money. Interest rates can be fixed (remain constant throughout the loan term) or variable (change periodically based on market conditions).Down paymentEstimated down payment. Note: Lenders typically require Private Mortgage Insurance (PMI) when the down payment is less than 20% of the home's purchase price.PrincipalAmount you actually borrow from the bank.Loan TermThe loan term is the duration over which you agree to repay the loan. Common home loan terms include 15, 20, or 30 years.Property TaxesAnnual property taxes are taxes imposed on the value of real estate by local government authorities. Homeowners InsuranceRequired by banks, homeowners insurance is a type of property insurance that provides coverage for financial losses and damages to a person's residence and its contents.PMILenders typically require Private Mortgage Insurance (PMI) when the down payment is less than 20% of the home's purchase price.