Best of Luxury Realty

Overview

Status: Pending

The real estate term "pending contract" means that someone has made an offer on the property and the seller has accepted. Typically contingent on a home inspection to the buyers satisfaction and financing. There could also be a home sale contingency which means the seller has an escape clause typically if another buyer comes along.
Parking 3
Size: 3,346 ft²/310.85 m²
Price Per: $3,945.01 ft²/$42,463.74 m²
Type: Condo
Built: 2021
HOA: $9,195.00/MO
MLS Number: A11483405
View Bay, Intercoastal, Ocean
On Site: 180 days
Updated: 7 Days Ago
Page Views: 11

This exclusive oceanfront residence is perched along Millionaire's Row, offering a view of Miami Beach's most beautiful and sought-after stretch of beachfront. 57 Ocean comprises 70 luxury residences with floor-to-ceiling windows, spacious 12ft deep terraces & private elevator foyers. Unit 1203 is a haven of elegance & sophistication, collaboratively designed by Debbie Kalimian & Stephanie Cohen. Herringbone wood flooring throughout & custom Poliform closets grace the bathrooms, kitchen & pantry. Bathrooms are outfitted with luxurious Axor fixtures and kitchen is complete with SubZero & Wolf appliances. The unit is equipped with a SAVANT smart home system. This flow-through design spans the entire NE corner, offering breathtaking ocean-to-intracoastal views, redefining luxury living.

Development Amenities

Development Amenities:

Barbecue
Bike Storage
Clubhouse / Clubroom
Elevators
Fitness Center
Library
Picnic Area
Playground
Pool
Sauna
Spa Hot Tub
Trails

Price History

Date	Event	Price	Change Rate	Price Per
03/13/2024	Price Reduced	$13,200,000.00	5.4%	$3,945.01 ft²/$42,463.74 m²
02/12/2024	Price Reduced	$13,950,000.00	5.4%	$4,169.16 ft²/$44,876.45 m²
01/12/2024	Price Reduced	$14,750,000.00	3.3%	$4,408.25 ft²/$47,450.01 m²
11/09/2023	Listed	$15,250,000.00		$4,557.68 ft²/$49,058.49 m²

Features

Property Details for 5775 Collins Ave Unit 1203, Miami Beach, FL 33140

57 Ocean, Condo current status is Pending, 5775 Collins Ave Unit 1203 is a Condo in , Miami Beach, FL 33140 with property MLS ID# A11483405. This Condo has been listed on Best of Luxury Realty since November 09, 2023 and is currently priced at 13,200,000. This property was built in 2021.

Bedrooms
Bedrooms: 4
Bedroom Description: No info

Bathrooms
Full Bathrooms: 5
Half Bathrooms: 1
Master Bathroom Description: No info

Exterior and Lot Features
Exterior Features: Balcony
View: Bay, Intercoastal, Ocean

Interior, Heating and Cooling
Interior Features: Builtin Features, Closet Cabinetry, First Floor Entry
Appliances: Dishwasher, Refrigerator, Washer
Heating Description: Central
Cooling Description: No info

Waterfront and Water Access
Waterfront Property: Yes
Waterfront Frontage: No info
Waterfront Description: Ocean Access, Ocean Front
Water Access: No info
Water Description: No info

School Information
Elementary School: No info
Middle School: No info
High School: No info

Other Property Info
Community Name: 57 Ocean
Subdivision Name: AMD PL OF 2ND OCEAN FRONT
Property Type: Condo
Property Subtype: Residential
Type of Association: Homeowners
Garage Spaces: 3
Listing Date: 11/09/2023
Pets Allowed: No
Brokered By: Douglas Elliman
Legal Description: 57 OCEAN CONDO UNIT 1203 UNDIV 2.2912% INT IN COMMON ELEMENTS OFF REC 32797-1625

Taxes, Fees & More
Maintenance/HOA Fees: $9,195.00/month
Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $116,807.00 (2022)
Real Estate Taxes: No info
Style Tran: No info
Special Information: No info
Security Information: Door Man, Elevator Secured, Key Card Entry
Pet Restrictions: No info
Unit Design: No info
Front Exposure: No info
Model Name: No info
Previous List Price: No info
Parking Description: Twoor More Spaces, Valet
Total Floors In Building: 18
Total Units In Building: No info
Complex Name: 57 Ocean
Total Units In Complex: No info

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Area Specialist

Buyer/Tenant Etiquette

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Tracey Schmitt

Real Estate Advisor

Office: (305) 407-1657

Email: tracey@bestofluxuryrealty.com

Specialties:

Luxury Oceanfront Communities, Waterfront Single Family Homes

Memberships:

Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild

This property is courtesy of the Douglas Elliman. This listing has been viewed 11 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Special Markers:

*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.