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$410,000
●
Condo -
Off Market
9156 Collins Avenue #UNIT406
Surfside, FL 33154
1 Bed
2 Baths,
1
Half Bath
770 Sqft
$2,949
Est. Monthly
$690
HOA / Fees
4.32%
Cap Rate
About This Property
A boutique building across the road from the Ocean with dedicated
ocean beach access. Corner end unit with a lot of light in each
room and constant sea breeze and best sunsets from the unique patio
terrace area. The apartment is fully updated with washer/dryer and
extra balcony, newer AC and water heater. The building features
include Heated Pool, Jacuzzi/Spa, Sauna, Entertainment room and
storage as well assigned covered parking and high impact windows.
Check. The property is in the middle of booming town of Surfside
with an amazing community center, restaurants and shops, as well
well renown Bal Harbor Mall is only 4 blocks away. There is the
pedestrian and cycle friendly beach path and boardwalk which takes
you down to South Pointe Park and all that South Beach has to
offer.
Unit Size
770Ft²
Days on Market
265 days
Land Size
-
Price per sqft
$545
Property Type
Condo
Property Taxes
$197
HOA Dues
$690
Year Built
-
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Cap Rate Calculator
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Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier)
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 6 months ago (Miami MLS #A11420215)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2024 | Sold | $410,000 | |
| Sold | |||
| Feb 12, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2023 | Price Decreased |
$420,000
↓ $10K
(2.2%)
|
|
| Price Decreased | |||
| Nov 17, 2023 | Price Decreased |
$429,500
↓ $400
(0.1%)
|
|
| Price Decreased | |||
| Oct 31, 2023 | Price Decreased |
$429,900
↓ $100
(0%)
|
|
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: 1 Space
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Bedrooms: 1
Bedroom Features: None
Interior Features: Elevator
Appliances: Dishwasher
Flooring Type: Ceramic Floor, Tile
Exterior Details
Has Property Attached
Square Footage: 770
Security Features: No Security
Architectural Style: Corner Unit
Year Built: 1996
Waterfront Features: Ocean Access, Ocean Front
Building Name: Ocean 91
Building Area Total: 770
Building Area Units: Square Feet
Building Area Total: 770
Construction Materials: Concrete Block With Brick
Patio and Porch Features: Open Balcony
Lot Size Units: Square Feet
Financial Details
Tax Legal Description: OCEAN 91 CONDO UNIT 406 UNDIV 2.154% INT IN COMMON ELEMENTS OFF REC 17277-4876 OR 19850-0163 0801 1 COC 23363-2446 04 2005 1
Tax Annual Amount: $2,360
Tax Year: 2022
Parcel Number: 14-22-35-032-0290
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Amenities: Clubhouse-Clubroom, Community Room, Elevator(s)
HOA Fee: $690
HOA Fee Frequency: Monthly
9156 Collins Avenue #UNIT406, Surfside, FL, 33154
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
1
Bed
2
Baths
830 ft²
$458/ft²
$380,000
Apr 21, 2023
$380,000
Dec 4, 2023
$887/mo
Condo
1
Bed
1
Bath
831 ft²
$487/ft²
$405,000
Nov 28, 2023
$405,000
Feb 8, 2024
$821/mo
Condo
1
Bed
2
Baths
918 ft²
$346/ft²
$318,000
Dec 26, 2023
$318,000
Feb 14, 2024
$1,263/mo
Condo
1
Bed
2
Baths
918 ft²
$447/ft²
$410,000
Dec 29, 2023
$410,000
Apr 11, 2024
$1,312/mo
Condo
1
Bed
2
Baths
918 ft²
$425/ft²
$390,000
May 2, 2023
$390,000
Jan 29, 2024
$1,218/mo
Condo
1
Bed
2
Baths
918 ft²
$414/ft²
$380,000
Jul 28, 2023
$380,000
Nov 13, 2023
$1,213/mo
Active
Condo
1
Bed
2
Baths
750 ft²
$533/ft²
$400,000
Dec 15, 2023
-
$917/mo
Active
Condo
1
Bed
2
Baths
770 ft²
$545/ft²
$420,000
May 6, 2024
-
$1,064/mo
Active
Condo
1
Bed
2
Baths
800 ft²
$503/ft²
$401,999
Jan 16, 2024
-
$885/mo
In Contract
Condo
1
Bed
2
Baths
848 ft²
$558/ft²
$473,000
Jan 9, 2024
-
$1,364/mo
Active
Condo
1
Bed
2
Baths
770 ft²
$519/ft²
$400,000
Feb 16, 2024
-
$1,056/mo
Active
Condo
1
Bed
1
Bath
905 ft²
$486/ft²
$440,000
Apr 3, 2024
-
$1,043/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/01/2023
|
2 Bed
|
2.5 Bath
|
1060 ft²
|
$400,000
2 Bed
2.5 Bath
1060 ft²
|
-
-
|
-
|
Rosy Lofer
One Sotheby's International Realty
|
|
|
07/16/2023
|
1 Bed
|
2 Bath
|
770 ft²
|
$430,000
1 Bed
2 Bath
770 ft²
|
$410,000
-4.65%
04/06/2024
|
-
|
Richard Feldman
Miami Waterfront Realty
|
|
|
11/30/2021
|
2 Bed
|
3 Bath
|
1060 ft²
|
$350,000
2 Bed
3 Bath
1060 ft²
|
-
-
|
-
|
Orlando E. Gonzalez
Galiano Realty Group
|
|
|
03/17/2021
|
1 Bed
|
2 Bath
|
770 ft²
|
$235,000
1 Bed
2 Bath
770 ft²
|
$220,000
-6.38%
12/10/2021
|
Andres Miyares
Island Living Realty, LLC
|
||
|
02/16/2021
|
2 Bed
|
3 Bath
|
1060 ft²
|
$359,900
2 Bed
3 Bath
1060 ft²
|
-
-
|
-
|
Marie Rose Rivera
Outside Investments, Inc.
|
|
|
02/09/2021
|
1 Bed
|
2 Bath
|
770 ft²
|
$295,000
1 Bed
2 Bath
770 ft²
|
$275,000
-6.78%
06/24/2021
|
Lucas Campelo Cardoso
Miami Realty Solution Group
|
||
|
02/04/2021
|
1 Bed
|
2 Bath
|
770 ft²
|
$259,000
1 Bed
2 Bath
770 ft²
|
-
-
|
-
|
Dorita Perelis
BH International Realty, LLC
|
|
|
12/23/2019
|
1 Bed
|
2 Bath
|
770 ft²
|
$215,000
1 Bed
2 Bath
770 ft²
|
-
-
|
-
|
Malgorzata Sadowska
Keller Williams Capital Realty
|
|
|
09/17/2019
|
1 Bed
|
2 Bath
|
770 ft²
|
$290,000
1 Bed
2 Bath
770 ft²
|
-
-
|
-
|
Andy Lopez
The Keyes Company
|
|
|
07/12/2019
|
2 Bed
|
3 Bath
|
1060 ft²
|
$329,000
2 Bed
3 Bath
1060 ft²
|
-
-
|
-
|
Scott Kaplan
RE/MAX Select Group
|
|
|
02/14/2019
|
1 Bed
|
2 Bath
|
770 ft²
|
$285,000
1 Bed
2 Bath
770 ft²
|
-
-
|
-
|
Maria Elena Negrin
Galiano Realty Group
|
|
|
01/25/2019
|
2 Bed
|
3 Bath
|
1060 ft²
|
$349,000
2 Bed
3 Bath
1060 ft²
|
-
-
|
-
|
Ileana Caballero
Caba Real Estate
|
|
|
11/10/2018
|
2 Bed
|
3 Bath
|
1060 ft²
|
$320,000
2 Bed
3 Bath
1060 ft²
|
-
-
|
-
|
Ken Rubman LLC
Keller Williams Eagle Realty
|
|
|
08/24/2018
|
2 Bed
|
3 Bath
|
1060 ft²
|
$284,999
2 Bed
3 Bath
1060 ft²
|
$260,000
-8.77%
11/01/2018
|
-
|
Scott Kaplan
RE/MAX Select Group
|
|
|
06/19/2018
|
|
2 Bed
|
3 Bath
|
-
|
-
2 Bed
3 Bath
|
-
-
|
-
|
-
|
|
06/11/2018
|
2 Bed
|
3 Bath
|
-
|
-
2 Bed
3 Bath
|
-
-
|
-
|
Cristina Broche
Real Estate Sales Force
|
Building Info
9156 Collins Avenue
9156 Collins Avenue, Miami Beach, FL 33154
- 2 Units for Sale
About Surfside
Similar Homes for Sale
$440,000
- 1 Bed
- 1 Bath
- 905 ft²
$400,000
- 1 Bed
- 2 Baths
- 770 ft²
Nearby Rentals
$3,800 /mo
- 1 Bed
- 1 Bath
- 1,019 ft²
$3,850 /mo
- 2 Beds
- 1 Bath
- 943 ft²
Listed by: Richard Feldman
Miami Waterfront Realty
Last Updated: 6 months ago
Data Source: Miami MLS, MLS# A11420215
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Miami Waterfront Realty
Last Updated: 6 months ago
Data Source: Miami MLS, MLS# A11420215
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
