701 Collins Avenue

701 Collins Avenue is a condo located in Flamingo - Lummus, Miami Beach. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Both dogs and cats are allowed in the building! There are 7 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 106 days and tend to sell below the original asking price of $375,000 by 8.67%. Meaning, listings tend to sell at a median of $417 price per square foot. The transaction that took the longest to complete was unit 1A, listed on Jan 14, 2019 for $375,000. This particular unit ultimately sold 106 days later for $342,500. The most recent transaction was for unit 4E, sold for $143,100 on Feb 18, 2022. Fun fact, the oldest transaction we have on record took place on Sep 16, 1999. See the full transaction history for 701 Collins Avenue below.

Flamingo - Lummus, where 701 Collins Avenue is located, has a median asking price of $295,000 for condo buildings. Meanwhile, the building itself has a median asking price of $375,000. For interested buyers, that means the building's median asking price is around 0.88% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $475,000. It is a 940 sqft 2-bedroom and 2-bathroom unit.