Rimini Beach Unit 1004 Sold
Property Details
| Sold Price | $555,000 |
|---|---|
| Last Asking Price | $600,000 |
| Price per SqFt | $550 |
| Maintenance Fee | $782 Monthly |
| Property Taxes | $8,081 2022 |
| Interior Space | 1,010 SqFt |
| Beds/Baths | 2/2 |
| Furnished | Negotiable |
| Year Built | 1998 |
| Closed Date | 2/17/2023 |
| MLS # | A11319687 |
Location
From the listing
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.
Listed by Mandel Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $782 a month; taxes $8,081 for 2022. MLS figures, which may not be accurate.
Sales History for This Unit · Rimini Beach Unit 1004
Sales history is unavailable for this property
What Other Units Have Been Selling For at Rimini Beach
None sold at Rimini Beach in the last 12 months
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 305 | $1,550,000$1,084/SqFt | 93% | 3/18/25 |
| 702 | $537,500$517/SqFt | 92% | 11/15/23 |
| 201 | $490,000$516/SqFt | 91% | 10/23/23 |
| 901 | $531,040$559/SqFt | 89% | 8/8/23 |
| 404 | $520,000$515/SqFt | 104% | 8/19/22 |
| 402 | $530,000$510/SqFt | 102% | 3/10/22 |
| 204 | $491,000$486/SqFt | 100% | 2/2/22 |
| 904 | $535,000$530/SqFt | 94% | 3/5/21 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Mandel Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Surfside and throughout South Florida.
Ask Mark About This Listing
Rimini Beach Unit 1004, 8911 Collins Ave · MLS A11319687 · Sold Feb 2023
Mark sent you this link
Your message goes to Mark Zilbert
Having issues or do you need technical help? Use this form instead: CLICK HERE
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 Rimini Beach
At Rimini Beach, 3 units are for sale and none sold in the last 12 months. Unit 1004 sold at $550 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Surfside real estate agent with ONE Sotheby's International Realty, from MLS records.