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5775 Collins Ave # 1602, Miami Beach FL 33140

Condo/Co-op For Sale
$5,960,000

BTC: 93.12500000

ETH: 3,413.51660939

-$230K (2026/02/18)
362 days
Waterfront
2 bds
3 ba
1,612 sqft

Overview

Live the essence of tropical modern luxury at 57 Ocean. This elegant 2-bedroom, 3-bath residence (Unit 1602) showcases sweeping ocean views and a generous balcony for effortless indoor-outdoor living. This boutique building offers resort-style amenities including beach and pool service, 24/7 valet and security, concierge, fitness trainers, spa services, and a private chef. Ideally located on Millionaire’s Row with 220 feet of private beachfront. Contact the listing agent to schedule a showing.

Location

Details

Type:
Residential
Parking:
Assigned / Valet
Year Built:
2021
Lot:
No Data
Heating:
Central
Price/sqft:
$3,697
Cooling:
Central Air
HOA:
$4,540

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,500,000
$1.2M – $5.9M
Confidence Low
List vs. estimate
$2.5M above estimate
List $5,960,000 · +70.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$3,697
+519.6% vs. city median $596
Based on
32 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $4.7M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$89,412
2024
HOA
$4,540/mo
View
Ocean View, Direct Ocean
Waterfront
Ocean Front
Garage
2 car garage
Furnished
Partially
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Wall Oven

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 3

  • Parking

    • Assigned

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-11-032-0270

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $4,540

    • HOA Frequency: Monthly

    • Annual tax amount: $89,412

  • Source details

    • MLS ID: A11817002

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1612

    • Subdivision Name: AMD PL OF 2ND OCEAN FRONT

Private inquiry
Talk to the advisor on this listing.
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: Million Realty LLC