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Residential

5750 Collins

Miami Beach, FL 33140

ML#:R10775194
List Price:$599,900
Status:Closed
Days on Market:9
Listing Brkr:Compass Florida LLC
Subdivision:ROYAL EMBASSY CONDO
Bedrooms:2
Baths:2
SqFt (Liv):1,664
Lot Size:0 sqft
Year Built:1968
Stories:17

General Information

Type Property:Residential
Style:Condominium
Pool:Private
Garage Spaces:1
Parking:—

Location Information

County:Miami-Dade County
Zip:33140
Subdivision:ROYAL EMBASSY CONDO
Latitude:25.839166
Longitude:-80.121321

Rooms

Total Rooms:3
Bedrooms:2
Full Baths:2
Half Baths:0

Additional Features

Interior:Lobby, Closet Cabinetry, Elevator
Appliances:Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
View:Intracoastal View, Ocean, Direct Ocean, Ocean View
Heating:Central
Cooling:Ceiling Fan(s), Central Air, Electric
Construction:CBS Construction
Waterfront:Yes
Furnished:Unfurnished
Pets Allowed:Yes
Community:Boating, Buyer Approval Required, Exercise Room, Management On Site, Mandatory Hoa, Pool
Security:Security System, Lobby Secured

Financial Information

HOA (Monthly):$1,070
Annual Taxes (2021):$6,199
Days on Market:9

Remarks

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

Listing Agent

Mark Blum

Compass Florida LLC

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.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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