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8918 Collins Avenue

8918 Collins Avenue, Miami Beach, FL 33154
Commercial in Normandy Beach
1 Units For Sale
Unit for sale at 8918 Collins Ave, Surfside, FL 33154

$12,000,000

  • Loft
8918 Collins Ave, Surfside, FL 33154 Listing by Javier Martinez

8918 Collins Avenue has been categorized by the local assessors in Miami Beach, FL as a unknown type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1967. The home has a total of 8 bedrooms. Residents will have access to 8 full bathrooms. There are 8 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8918 Collins Avenue has 5,260 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,230 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,150 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with unknown control joints. The exterior walls of the building are made of unknown. The inside of the home is being cooled with unknown at the moment. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8918 Collins Avenue sold most recently in Jul 17, 2015 for a total of $5,150,000. If you work out the math, that's approximately a cost of $979.09 per sqft. Before that, the property was also sold for $318,750 in Dec 23, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $26,610 in taxes each year. The initial year of tax delinquency occurred in 2022. 8918 Collins Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,354,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Exterior

Block Exterior

Parking

No Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230616
06/16/2023
Studio
-
-
$5,500,000
bedrooms
Studio
bathrooms
-
-
-
-
Javier Martinez
Leon Realty Group LLC
20210428
04/28/2021
Loft
-
-
$5,990,000
bedrooms
Loft
bathrooms
-
-
-
-
Javier Martinez
Leon Realty Group LLC

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Floor Count: 2
  • Living Units: 8
  • Business/Commerical Units Count: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,150
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 500
  • Total Building Area: 5,260
  • Gross Building Area: 5,260
  • Building Area: 5,260
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SECOND AMD PLAT OF NORMANDY BEACH
  • Land Acres: 0.141
  • Legal Description 1: 35 52 48 PB 16-44 SECOND AMD PLAT OF NORMANDY BEACH LOT 12 LESS E10FT FOR ST BLK 2 LOT SIZE 50.000 X 123 OR 18222-4509 0698 4

Ownership

  • Current Owner : 9316 COLLINS AVENUE LLC
  • Previous Owner : GRAND FUTURA PROPERTIES INC
  • Owner Before Previous Owner: 8918 INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: SURFSIDE
  • Census Tract: 003804

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 100
  • District: 14
  • Parcel: 14-2235-005-0240
  • Block: 2
  • Lot: 12
  • Meridian: SEC 35 TWN 52S RNG 42E
  • Municipality: SURFSIDE
  • Latitude: 25.8752
  • Longitude: -80.1218

    Address

  • Full Address: 8918 Collins Ave
  • Address - House Number: 8918
  • Address - Street Name: Collins
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Surfside
  • Carrier Code: C005
  • 4-Digit Zip Code: 3505
  • Zip Code: 33154

Valuation

    Tax

  • Total Area: 4,635
  • Tax Year: 2023
  • Tax Amount: $26,610
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 1400

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 1,786,244
  • High Value: 2,569,091
  • Low Value: 1,003,396

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: BANCO POPULAR NORTH AMERICA
  • First Open Lien Mortgage Recording Date: Feb 07, 2018
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $1,493,076
  • Market Land Value: $1,230,000
  • Market Improvement Value: $263,076

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,354,100

    Sales

  • Current Sale Contract Date: Jul 17, 2015
  • Current Sale Recording Date: Jul 21, 2015
  • Current Sale Transaction ID: 1213472652
  • Current Sale Price: $5,150,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2015R0468191
  • Previous Sale Recording Date: Jan 19, 2011
  • Previous Sale Contract Date: Dec 23, 2010
  • Previous Sale Amount: $318,750
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: CENTENNIAL BANK
  • First Mortgage Transaction Date: Jul 21, 2015
  • First Mortgage Loan Amount: $4,683,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

About Surfside



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Frequently Asked Questions

What neighborhood is 8918 Collins Avenue located in?
The 8918 Collins Avenue is a commercial located in the neighborhood of Normandy Beach in Surfside, Miami Beach.
How many listings are currently for sale in 8918 Collins Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 8918 Collins Avenue?
The average sales price for units in 8918 Collins Avenue is $12,000,000 currently.

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