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5225 Collins Ave # 1606, Miami Beach FL 33140

Condo/Co-op For Sale
$550,000

BTC: 8.59375000

ETH: 325.25133057

1 days
Waterfront
2 bds
2 ba
960 sqft

Overview

Excellent Opportunity at a beachfront resort-style property. This beautifully updated 2-bedroom, 2-bath on the 16th floor offers ocean views from both bedrooms and the private balcony. Daily rentals are permitted, and a hotel rental program is available for added convenience. Located just steps from the beach, owners and guests enjoy a full range of resort amenities, including two swimming pools, poolside bar service, restaurant, café, wine shop, valet parking, and 24-hour security. Association fees include electricity, A/C, cable TV, Wi-Fi, pest control, valet parking, security, and more.

Location

Details

Type:
Residential
Parking:
1 Space / Covered / Valet
Year Built:
1962
Lot:
No Data
Heating:
Central
Price/sqft:
$573
Cooling:
Central Air
HOA:
$1,808

Valuation

Our model vs. what's actually selling nearby.
Estimate
$389,000
$219K – $575K
Confidence Low
List vs. estimate
$161K above estimate
List $550,000 · +41.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$572
-3.0% vs. city median $590
Based on
446 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $587K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,925
2025
HOA
$1,808/mo
Pool
Private
View
Canal, Ocean View
Waterfront
Ocean Access, Ocean Front
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Interior Hall

    • Lobby

    • First Floor Entry

    • Closet Cabinetry

    • Elevator

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Covered

    • Valet

    Property

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-14-019-0760

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,808

    • HOA Frequency: Monthly

    • Annual tax amount: $6,925

  • Source details

    • MLS ID: A12035046

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Blinds / High Impact Windows / Sliding

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 960

    • Subdivision Name: THE ALEXANDER CONDO,THE ALEXANDER

Private inquiry
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Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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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: Fortex Realty Inc