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5601 Collins Ave # 1420, Miami Beach FL 33140

Condo/Co-op Recently Sold
$620,000

BTC: 7.62045231

ETH: 254.93421053

Sold on: 2026-10-06
135 days
Waterfront
2 bds
2 ba
1,290 sqft

Overview

An exceptional oceanfront apartment in Miami Beach, offering a rare blend of investment potential and beachfront luxury. This well-maintained split floor plan residence features direct beach access and stunning bay views, along with the valuable flexibility for short-term rentals in a highly desirable location. Ideal for generating strong rental income or creating a personalized coastal retreat, the unit includes generous closet space and well-preserved original finishes, providing an excellent opportunity for customization. Maintenance includes cable, high-speed internet, and water. All major building updates have been completed, including new elevators, roof, and renovated common areas, with no ongoing construction impact.

Location

Details

Type:
Residential
Parking:
1 Space / Detached / Valet
Year Built:
1968
Lot:
No Data
Heating:
Central
Price/sqft:
$581
Cooling:
Central Air
HOA:
$1,652

Valuation

Our model vs. what's actually selling nearby.
Estimate
$614,000
$411K – $912K
Confidence Low
List vs. estimate
$136K above estimate
List $750,000 · +22.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$581
+0.1% vs. city median $580
Based on
32 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $652K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,811
2025
HOA
$1,652/mo
View
Intracoastal View
Waterfront
Intracoastal Front, Ocean Access
Garage
1 car garage
Furnished
Furnished
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    Other interior features

    • Lobby

    • Built-in Features

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Detached

    • Valet

    Property

    • Exterior Features: Other

    Other Property Information

    • Parcel Number: 02-32-11-062-2570

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,652

    • HOA Frequency: Monthly

    • Annual tax amount: $8,811

  • Source details

    • MLS ID: A12023495

    Other facts

    • Construction Materials: Concrete Block With Brick

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1290

    • Subdivision Name: THE PAVILION CONDO

Private inquiry
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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: London Foster Realty