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
Parking: 1
Size: 1,010 ft2 / 94 m2
Price: $550 ft2 / $5,915 m2
Type: Condo
Built: 1998
HOA: $782/MO
MLS Number: A11319687
View: Canal, City, Ocean, Water
On Site: 870 Days
Updated: 814 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

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 Comparative Market Analysis

$400/ft²
$600/ft²
$900/ft²
$1,200/ft²

Unit #1004 – Asking

$550/ft²

(-31%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$792/ft²
Community $/Price Range (Closed) $1084/ft² – $1084/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 4042/21,010$792SouthOcean$800,0002/13/2024
Unit: # 404
Bed/Bath: 2/2Size SqFt: 1,010$/SqFt: $792Exposure: SouthView: OceanSold: $800,000Closed Date: 2/13/2024
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