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5225 Collins Ave # 1516, Miami Beach FL 33140

Condo/Co-op For Sale
$564,000

BTC: 7.21689060

ETH: 230.29808085

New
Waterfront
2 bds
2 ba
960 sqft

Overview

Excellent opportunity in Miami Beach! This 2-bedroom, 2-bathroom residence at The Alexander Condo offers 960 sq. ft. in an oceanfront building on prestigious Collins Avenue. Ideal for buyers looking for a Miami Beach residence with the flexibility to enjoy the property during their stays while also taking advantage of the building’s rental options, subject to condominium rules and regulations. Enjoy direct beach access, resort-style amenities, pools, valet parking and more. Conveniently located near dining, shopping and entertainment. A great opportunity to own a residence in Miami Beach that combines personal enjoyment with rental flexibility. Easy to show.

Location

Details

Type:
Residential
Parking:
1 Space / Covered / Valet
Year Built:
1962
Lot:
No Data
Heating:
Central
Price/sqft:
$588
Cooling:
Central Air
HOA:
$1,807

Valuation

Our model vs. what's actually selling nearby.
Estimate
$389,500
$223K – $576K
Confidence Low
List vs. estimate
$174K above estimate
List $564,000 · +44.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$587
-2.6% vs. city median $603
Based on
458 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $500K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,140
2025
HOA
$1,807/mo
View
Ocean View, Skyline
Waterfront
Yes
Garage
1 car garage
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Microwave

    • Electric Range

    Other interior features

    • First Floor Entry

    • Pantry

    • Family Room

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Covered

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-14-019-1700

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,807

    • HOA Frequency: Monthly

    • Annual tax amount: $7,140

  • Source details

    • MLS ID: A12078502

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 960

    • Subdivision Name: THE ALEXANDER CONDO

Private inquiry
Talk to the advisor on this listing.
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Market around this address

Live counts in the same area.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP Realty LLC