2201 Collins 401
Unit 401
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2201 Collins Unit 401 Sold
$1,269,000
2201 Collins Avenue · Ocean Drive · Miami Beach
2201 Collins Unit 401, 2201 Collins Avenue, Ocean Drive, Miami Beach FL 33139, photo 1 of 1
$1,269,000Sold Price
$2,002Per SqFt
1/1½Beds/BathsBd/Ba
634SqFt · 58.9 m²
2201 Collins · MLS A11064837 · 1903 days on Zilbert · Listed Jul 2, 2021 · 2201 Collins Avenue, Ocean Drive, Miami Beach FL 33139Current layoutPhotos first

See all 10 floorplans at 2201 Collins

Property Details

Sold Price$1,269,000
Last Asking Price$1,269,000
Price per SqFt$2,002
Maintenance fee$1,600 Monthly
Property Taxes$15,916 2020
Interior Space634 SqFt
Beds/Baths1/1½
FurnishedYes
Year Built2009
Closed Date1/14/2022
MLS #A11064837

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$1,600maintenance · $1,600 per month
$1,326taxes · $15,916/yr ÷ 12
$2,926 / monthassociation + taxes, before mortgage and insurance

Fees and taxes based on MLS provided figures, and may not be accurate

From the listing

Beautiful corner unit with great spacious layout, glass floor-to-ceiling windows and spectacular ocean & city views from 2 balconies. Recent $50k upgrade of floors, walls, lighting & furniture. Can be rented daily, weekly, or monthly through different platforms or hotel program. Av daily rate varies by year and season but is approx $1,000/night at present. “Fantastic suite” category of the hotel. The building just underwent a $20 million renovation. Walking distance to the best nightclubs, shopping and restaurants. Full access to all the hotel amenities, concierge services, brand new spa, state-of-the-art gym, tennis & basketball court, pool cabanas, best pool in South Beach, restaurants and more. Live here full time or use it part time and have the rental income cover your carrying cost. Beautiful corner unit at the iconic W South Beach Hotel. This unit boasts the following features:- All glass floor-to-ceiling windows in the living and bedroom. The 01 line gets more direct sun than any other non-penthouse line in the building.- Spectacular ocean views, as well as city and street views from two, separate balconies.- Complete recent $50,000 upgrade of floors, walls, lighting and furniture. Unit is fully compliant with hotel rental program.- Unit is located right next to the gym and spa and so it always has that relaxing spa smell to it. Gym is open 24 hours a day.- Great, spacious layout (746 sq ft per developer plans) includes living room, kitchenette, full master with deep soaking tub and shower, plus a separate half bath.- Unit can be rented daily, weekly, or monthly through Airbnb or other platforms. Average daily rate for this unit varies by year and season but is approximately $1,000 per night at present. This unit is in the “fantastic suite” category of the hotel. Other units in this category sell for hundreds of thousands of dollars more than this one.The W South Beach just underwent a $20 million dollar renovation, showing the W’s long-term commitment to this property. It has the best pool in South beach with an always-trendy crowd. The property is also home to great restaurants and the famous Wall Lounge.The W is hands down the best place to enjoy the South Beach lifestyle to its fullest. It is within walking distance to the best nightclubs, shopping and restaurants in Miami Beach. As an owner at the W, you will have access to all the hotel amenities, including concierge services, brand new spa, state-of-the-art gym, tennis courts, basketball court, pool cabanas, and more.Live here full time or use it part time and have the rental income cover your carrying costs – a great long-term investment either way. Units at the W are selling very quickly.This unit is very easy to show. 3D Matterport video available upon request.

Listed by Miller Eaton LLC

Sales History for This Unit · 2201 Collins Unit 401

Sale Sold Price Asking Price Beds/Baths SqFt Closed Date

What Other Units Have Been Selling For at 2201 Collins

3 other units sold in the last 12 months at an average of $1,631/SqFt

Unit Sold Price % of Ask Beds/Baths SqFt $/SqFt Closed Date

For a full analysis of past sales in this building, contact Mark Zilbert.

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · I track every sale at 2201 Collins. Ask me about this residence, the line, or the building.
+1 (786) 280-0201

Listed by Miller Eaton LLC. 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.

Location

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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 2201 Collins

407 units · 5 for sale · 11 sold in the last 12 months · building avg $2,167/SqFt sold