Designed by Foster + Partners, Faena House is the epitome of true indoor/outdoor living, designed to seamlessly connect with its oceanfront setting. This magnificent turn-key 4-bed, 5.5-bath unit, spanning 6,246 sq. ft. including the balcony, offers a custom interior with beautiful finishes by Fanny Haim, and a Savant home automation system. The custom Molteni kitchen has terrazzo floors and Miele appliances. The master suite features an expanded closet by Ornare and bathrooms by Permasteelisa. A continuous balcony wraps around the apartment, extending the living space outside. The premier A-line is the most coveted line in the building. Residents have access to the amenities of the adjacent five-star Faena Hotel. The hotel’s service and amenities are brought to your personal refuge
Listed by Oren Alexander• Douglas Elliman
Bought with Oren Alexander• Douglas Elliman
Redfin checked: 1 minute ago (Sept 24, 2023 at 3:16am)
•Source:MARMLS #A10553691
Home facts
Property Type
Condo
HOA Dues
$9,519/month
Year Built
2015
Style
High Rise
Community
Miami Beach
Price insights
Redfin Estimate
$14,420,980
Price/Sq.Ft.
$3,049
Buyer’s Agent Commission
3%
Redfin Estimate for 3315 Collins Ave Unit 5A
Redfin has the most accurate online home estimate
$14,420,980
$2.9M since sold in November 2020
$66K since August
1 year
5 year
Historical Redfin Estimate Graph ChartGraph chart of this property's Redfin Estimate over time20192020202120222023$4.0M$6.0M$8.0M$10.0M$12.0M$14.0M$16.0M$18.0M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $633K to $3.4M..
School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.
Around this home
Transportation near 3315 Collins Ave Unit 5A
78/100
Very walkable
Walk Score®
57/100
Good transit
Transit Score®
73/100
Very bikeable
Bike Score®
Climate risks
About climate risks
Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.
Risk Factor
Flood Factor - Extreme
99% chance of flooding in next 30 years
Fire Factor - Moderate
0.93% chance of being in a wildfire in next 30 years
Heat Factor - Extreme
7 days above 101° expected this year, 27 days in 30 years
Wind Factor - Extreme
99% chance of strong winds in next 30 years
Provided by First Street Foundation
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Estimated sale price
$13.70M – $16.30M
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Nearby similar homes
Homes similar to 3315 Collins Ave Unit 5A are listed between $270K to $22M at an average of $1,380 per square foot.
Frequently asked questions for 3315 Collins Ave Unit 5A
What is 3315 Collins Ave Unit 5A?
3315 Collins Ave Unit 5A is a 4,730 square foot condo with 4 bedrooms and 5.5 bathrooms. This home is currently off market - it last sold on November 30, 2020 for $11,500,000
How many photos are available for this home?
Redfin has 35 photos of 3315 Collins Ave Unit 5A.
How much is this home worth?
Based on Redfin's Miami Beach data, we estimate the home's value is $14,420,980
When was this home built and last sold?
3315 Collins Ave Unit 5A was built in 2015 and last sold on November 30, 2020 for $11,500,000.
How competitive is the market for this home?
Based on Redfin's market data from the past 3 months, we calculate that market competition in 33140, this home's neighborhood, is not-very competitive. Homes sell for about 7% below list price and go pending in around 99 days. Hot homes can sell for about 2% below list price and go pending in around 44 days. Compared to nearby markets, 33140 is less competitive than Edgewater and less competitive than Downtown Miami.
The full address for this home is 3315 Collins Avenue Apartment 5A, Miami Beach, Florida 33140.
What's the housing market like in Mid Beach?
The Mid Beach housing market is not very competitive. The median sale price of a home in Mid Beach was $590K last month, up 1.7% since last year. The median sale price per square foot in Mid Beach is $548, down 4.3% since last year.