Royal Embassy Unit 11A Sold
Property Details
| Sold Price | $599,900 |
|---|---|
| Last Asking Price | $599,900 |
| Price per SqFt | $361 |
| Maintenance Fee | $1,070 Monthly |
| Property Taxes | $6,199 2021 |
| Interior Space | 1,664 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1968 |
| Closed Date | 5/16/2022 |
| MLS # | R10775194 |
Location
From the listing
In the heart of MILLIONAIRE'S ROW! Renovated condo has spectacular Ocean, Intercoastal and Downtown views! Bright corner unit has very large bedrooms featuring grey-oak style flooring throughout .Beautiful kitchen with top of the line finishes, W/D inside the unit. SS appliances. CUSTOM closet built-ins. Custom MURPHY BED in 2nd BR. New hurricane impact windows. Building has gone through extensive renovation with new glass balconies, elevators and lobby. Amenities include: Valet Parking, Concierge, 24-hour security, library, heated waterfront pool, dock, sauna, state-of-the-art gym. A/C included in the maintenance. Access to the beach right across the street. Large storage closet. Make an appointment to view this today. Showings begin 2/10/22 @ 11AM. Royal Embassy Condominium Estimated Project Costs Breakdown Exhibit "A" Mandatory Projects Bid Structural Repairs /Concrete Restoration $ 1,675,000.00 Roof Replacement $ 1,050,000.00 Seawall Repairs $ 350,000.00 Electrical Repairs/Upgrades $ 100,000.00 Total $ 3,175,000.00 Additional Expenses Allowance Permits, Shoring, Hurricane Protections, Etc. $ 325,000.00 Total $ 325,000.00 TOTAL MANDATORY PROJECTS & ADDITIONAL EXPENSES $ 3,500,000.00 Beautification Projects Allowance Replacement of Common Area Hallway Carpets $ 125,000.00 Removal of Popcorn Ceilings in Common Area Hallways $ 100,000.00 Painting of Common Area Hallways & Doors $ 75,000.00 Modernization of Social Room $ 25,000.00 Modernization of Kitchen $ 15,000.00 Sandblast & Repaint Valet Ramp/Driveway $ 50,000.00 Replacement of 24 Fire Rated Emergency Exit Doors $ 40,000.00 Replacement of Lobby Carpet Area $ 5,000.00 Resurfacing of the Pool $ 50,000.00 Lobby Marble Restoration $ 15,000.00 Total $ 500,000.00 TOTAL BEAUTIFICATION PROJECTS $ 500,000.00 TOTAL COSTS OF PROJECTS $ 4,000,000.00
Listed by Compass Florida LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,070 a month; taxes $6,199 for 2021. MLS figures, which may not be accurate.
Sales History for This Unit · Royal Embassy Unit 11A
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A2010076 | $530,000 | 6/10/15 |
What Other Units Have Been Selling For at Royal Embassy
1 unit sold at Royal Embassy in the last 12 months at an average of $357/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 11D | $515,000$357/SqFt | 97% | 4/23/26 |
| 5B | $620,000$322/SqFt | 78% | 7/9/25 |
| 5A | $685,000$412/SqFt | 99% | 4/9/25 |
| 16F | $600,000$396/SqFt | 96% | 5/18/23 |
| 5B | $745,000$387/SqFt | 100% | 12/19/22 |
| 15D | $595,000$413/SqFt | 92% | 10/19/22 |
| 4H | $517,500$380/SqFt | 98% | 9/30/22 |
| 14F | $620,000$409/SqFt | 92% | 4/11/22 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Compass Florida 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.
Ask Mark About This Listing
Royal Embassy Unit 11A, 5750 Collins Ave · MLS R10775194 · Sold May 2022
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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 Royal Embassy
At Royal Embassy, 1 unit is for sale and 1 sold in the last 12 months at an average of $357 per SqFt. Unit 11A sold at $361 per SqFt, above 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.