Rimini Beach, 8911 Collins Ave #1004

$600K7.5%
$555,000
2
Beds
2
Baths
1,010
SqFt
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
1357 Days
Updated
18 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: Bathtub, 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: DoorMan, ElevatorSecured, SecuredGarageParking, LobbySecured, FireSprinklerSystem, SmokeDetectors
    • Parking Description: Attached, Garage, OneSpace
    • Total Floors in Building: 12

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    Price History

    Current
    $555K
    High
    $600K
    Low
    $555K
    Total Change
    -7.5%
    $605K$578K$550KDec 22Feb 23
    Date
    Event
    Price
    Change
    Price Per
    02/16/2023
    Sold
    $555K
    -7.5%
    $550 ft2
    $5,915 m2
    12/27/2022
    Listed
    $600K
     
    $594 ft2
    $6,394 m2
    02/16/2023
    $555K
    Event
    Sold
    Change
    -7.5%
    Price Per
    $550 ft2
    $5,915 m2
    12/27/2022
    $600K
    Event
    Listed
    Price Per
    $594 ft2
    $6,394 m2
    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 .

    Listing Location & Street View
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    Scores

    Walk Score®
    Somewhat Walkable. Some errands can be accomplished on foot
    67

    100
    Bike Score®
    Bikeable. Some bike infrastructure
    55

    100
    Sound Score®
    Very loud
    73

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    38

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    1 – 2 BR
    Bedrooms
    $569K – $820K
    Price Tier
    800 - 1,430
    SqFt Range
    1998
    Year Build
    12
    Total Floors
    54
    Total Units

    Subdivision Amenities

    Clubhouse
    Elevators
    Fitness Center
    Hobby Room
    Maintenance
    Management
    Pool
    Trash

    Surfside
    High-End
    High-End Homes & Condos