Neighborhood
2201 Collins Ave # 2005, Miami Beach, FL 33139
3 beds · 3 baths · 2,912 sq ft · Residential Condominium · Last Sold: $10.2M in 2017 · Built: 2009
Est. Rent:
$2.5K/month

2201 Collins Ave # 2005 Miami Beach, FL 33139

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3 beds · 3 baths · 2,912 sq ft · Residential Condominium · Miami Beach City Center

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2201 Collins Ave # 2005 is in the Miami Beach City Center neighborhood of Miami Beach, FL. It is located in Miami-Dade County and ZIP code 33139. This Residential Condominium was built in 2009 and is approximately 16 years old. The residential condominium spans 2912 sq ft with 3 bedrooms and 3 bathrooms. According to public records, it was last sold in 2017 for $10,200,000 and has a tax-assessed value of $8,448,800. The Miami Beach City Center area of Miami Beach has 197 residential homes with an average size of 1943 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2201 Collins Ave # 2005 Miami Beach, FL 33139 with Property Intel by Whitepages.

Investment Potential for 2201 Collins Ave # 2005

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Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
64%in 33139 zip code
 
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Owners & Occupancy for 2201 Collins Ave # 2005

This property is owned by Ivan L Wilzig. Owner contact information includes 7 phone numbers and 5 email addresses.

Property Owners

Cell Phone(917) ***-****View Cell Phone
Residence**************
Landline(786) 276-8670
Distance from Property**********
Email Address**********@yahoo.comView Email

Property Ownership Information

Purchase DateJune 08, 2017
Property Tax Amount$157,989 in 2024
Purchase Price$10,200,000

Occupancy

Current Occupancy******View Occupancy

Property Details for 2201 Collins Ave # 2005

Property Details

Property Sq Ft

Living Area

2,912 sq ft

50% above market

Property condition, age, exterior, etc. for 2201 Colli…
Longitude: -80.127246 Latitude: 25.797734 Parcel Number (APN): 02-3234-218-4000…
Mortgage originated on through lender: Ubs Bk Usa for$*******View Mortgage Details
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Market Benchmarks

Compare data for 2201 Collins Ave # 2005 in Miami-Dade County to the median in the neighborhood area and surrounding markets, where available.
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Property
State
Difference
YoY Price Change
Year Built
2009
1997
12 years
Living Space
2,912 sq ft
1,548 sq ft
1364 (88%)
$ Per Living Sq Ft
Lot Size
$ Per Lot Sq Ft

Net Operating Income
$20,231
-$152,270 (-753%)
Annual Revenue
$30,000
$30,000
$0 (0%)
$9,511
$152,528 (1604%)
Net Operating Income
$20,231
-$152,270 (-753%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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