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Multi-Family Condo Sale in Miami Beach at 3801 Collins Ave for $415,000

Successful Sale of 3801 Collins Ave

In a remarkable transaction that underscores our expertise in the Miami real estate market, we proudly facilitated the sale of a stunning condo on the first floor of the Mosaic on Miami Beach Condominium, located at 3801 Collins Ave, Miami Beach.

Sale Overview

Amidst the vibrant backdrop of Miami Beach, this property captivates with its modern design and luxurious amenities. Notable for its oceanfront location and sleek architectural style, it’s no surprise this property attracted significant interest.

Sale Price: $415,000
Address: 3801 Collins Ave, 1st Fl, Miami Beach, FL
Asset Class: Multi-Family
Price per Square Foot: $871.85

Building Specifications

Mosaic on Miami Beach is a hallmark of luxury living, boasting 20 stories with 84 exclusive units. Constructed in 2006, this elegant building features sophisticated design elements and top-notch facilities.

Year Built: 2006
Stories: 20
Lot Size: 195,000
Building Size: 1,824 SF

Location Benefits

Situated in vibrant Miami Beach, this condo is in a prime location known for its cultural richness and recreational attractions. Nearby landmarks include the Miami Beach Convention Center, Lincoln Road Mall, and the Art Deco Historic District. This makes it an enviable spot for both residents and investors.

Nearby Attractions: Miami Beach Boardwalk, Lincoln Road Mall
Transportation: Easy access via Collins Avenue, close to public transit stops
Community Appeal: Thriving neighborhood with a lively arts and dining scene

Sale Details

This transaction was executed at a full price of $415,000, translating to a price per square foot of $871.85. The buyer, David C Schie & Louise M Schie, and the seller,Tetis Corp, a private investor, were both impressed with the smooth facilitation of this deal.

Full Price: $415,000
Price per SF: $871.85
Buyer: David C Schie & Louise M Schie
Seller: Tetis Corp

Market Analysis

The Miami Beach real estate market continues to thrive, characterized by high demand for luxury condos. Properties like Mosaic are in high demand due to their modern amenities and prime locations. As the market trends upwards, this sale underscores the continued desirability and investment potential in this area.

Market Demand: Continual rise in luxury condo demand
Investment Potential: Strong ROI driven by location and amenities

Conclusion

This successful sale of a unit in Mosaic highlights our unmatched expertise in Miami Beach's real estate market. It underscores the property's appeal due to its location, design, and amenities. Our team is proud to have facilitated such a significant transaction, reinforcing our reputation as leaders in the Miami real estate market.