The Pavilion Unit 1225 Sold
Property Details
| Sold Price | $380,000 |
|---|---|
| Last Asking Price | $400,000 |
| Price per SqFt | $260 |
| Maintenance Fee | $893 Monthly |
| Property Taxes | $6,546 2016 |
| Interior Space | 1,460 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1968 |
| Closed Date | 8/24/2017 |
| MLS # | A10281832 |
Location
From the listing
A gorgeous New York type large 1460 sq.ft 2-bedroom + den condo on the Millionaire's Row in an oceanfront building in Miami Beach with bay and city views from the condo, and beach/ocean view from the balcony. Unit is remodeled and can be probably converted into a 3-bedroom. The building allows short-term rentals of 30 days 12 times per year. Great gym, valet, pool, security, etc. Listing price less than $274 per sq. ft for this condo with a view in an oceanfront building ! Nicely furnished 3-bedroom rents $3300 per month long-term and many times that short-term.Special Assessment to update and make the building even more valuable in addition to the regular monthly condo fee:$263.55 until the end of year 2025and$313.07 until the end of year 2028
Listed by Keller Williams Miami Beach Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $893 a month; taxes $6,546 for 2016. MLS figures, which may not be accurate.
Sales History for This Unit · The Pavilion Unit 1225
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1555146 | $378,000 | 10/18/12 |
What Other Units Have Been Selling For at The Pavilion
11 units sold at The Pavilion in the last 12 months at an average of $572/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 1420 | $620,000$481/SqFt | 83% | 10/6/26 |
| 1409 | $765,000$823/SqFt | 93% | 7/14/26 |
| 720 | $505,000$391/SqFt | 93% | 5/15/26 |
| M5 | $690,000$517/SqFt | 99% | 5/12/26 |
| 820 | $580,000$450/SqFt | 88% | 3/4/26 |
| 521 | $580,000$450/SqFt | 94% | 2/18/26 |
| 1001 | $750,000$543/SqFt | 94% | 1/9/26 |
| 1014 | $560,000$438/SqFt | 95% | 9/3/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Keller Williams Miami Beach Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
The Pavilion Unit 1225, 5601 Collins Ave · MLS A10281832 · Sold Aug 2017
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at The Pavilion
At The Pavilion, 27 units are for sale and 11 sold in the last 12 months at an average of $572 per SqFt. Unit 1225 sold at $260 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.