Closed

Rimini Beach, 8911 Collins Ave #1004, Surfside, FL 33154

600,000(-7.5% )
$555,000Price
2Beds
2Baths
1,010SqFt

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Details

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Status:
Sold - Feb 17, 2023
Parking: 1
Size: 1,010 SqFt (94 m2)
Price: $550/SqFt ($5,915/m2)
Type: Condo
Built: 1998
HOA: $782/MO
MLS Number: A11319687
View: Canal, City, Ocean, Water
On Site: 951 Days
Updated: 895 Days ago
Page Views: 0
Beautiful 10th floor 2 bedroom, 2 bathroom condo for sale rimini beach condominium! Gorgeous ocean views with beach access. Needs some minor updates. Currently occupied by a long-term tenant (7 years) with passive rental income of $3,300 per month, lease expires on may 1st. Tenant would like to stay. This is a great value-add opportunity for someone to force appreciate and create additional equity. Some of the upgrades would be to update flooring throughout and renovate the kitchens and bathrooms. Perfect for a long-term rental or owner-occupied home! Some of the additional building amenities includes two elevators, swimming pool, front desk service, and secured entry into the main lobby and parking area.
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Canal, City, Ocean, Water
Interior, Heating and Cooling
  • Interior Features: DualSinks, KitchenDiningCombo, LivingDiningRoom, Pantry, WalkInClosets, Elevator
  • Equipment / Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, TrashCompactor
  • Heating Description: Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: CeramicTile,Vinyl
  • Year Built: 1998
  • Year Built Description: Effective Year Built
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2022-12-27T11:29:13.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, CommonAreas, MaintenanceStructure, Parking, ReserveFund
    • Taxes: 8081
    • Security Information: FireSprinklerSystem, SmokeDetectors
    • Parking Description: Attached, Garage, OneSpace
    • Total Floors in Building: 12

    Price History

    02/16/2023

    Date

    Sold

    Event

    $555K

    Price

    -7.5%

    Change Rate

    $550 ft2 / $5,915 m2

    Price Per

    12/27/2022

    Date

    Listed

    Event

    $600K

    Price

    $594 ft2 / $6,394 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Benjamin MandelMandel Realty • Buyer Agency Compensation .

    Instant Comps

    $400/ft²
    $600/ft²
    $900/ft²
    $1,200/ft²

    Unit #1004 – Asking

    $550/ft²

    (-49%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $1,084/ft²
    Community $/Price Range (Closed) $1084/ft² – $1084/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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