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5775 Collins Ave # 1602, Miami Beach FL 33140

Condo/Co-op For Sale
$6,150,000

BTC: 78.19453274

ETH: 2,430.34973325

-$40K (2026/08/28)
461 days
Waterfront
2 bds
3 ba
1,612 sqft

Overview

Set within 57 Ocean, this sophisticated residence (Unit 1602) features a flexible 2-bedroom + den layout with 3 full bathrooms — the den easily converts into a third bedroom, offering effortless adaptability for families, guests, or a home office. Both the master suite and second bedroom capture direct ocean views, while a generous 45-foot terrace spans the living and dining area for effortless indoor-outdoor entertaining. Residents enjoy this boutique building’s resort-style amenities, including a private beach and pool service, 24/7 valet and security, concierge, personal fitness trainers, spa services, and a private chef. Ideally positioned on Millionaire’s Row with 220 feet of pristine private beachfront. Contact the listing agent to schedule your private showing.

Location

Florida • Miami Beach • 33140 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
Assigned / Valet
Year Built:
2021
Lot:
No Data
Heating:
Central
Price/sqft:
$3,815
Cooling:
Central Air
HOA:
$4,540

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,500,000
$1.3M – $5.9M
Confidence Low
List vs. estimate
$2.6M above estimate
List $6,150,000 · +75.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$3,815
+526.5% vs. city median $609
Based on
33 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $307K
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

Live counts in the same area.
View all
This zip
33140
515
median $775K
Active
Same city
Miami Beach
2,431
median $650K
Active
Same type
Condo/Co-op
1,800
median $525K
Active
Similar price
$4.3M – $8.0M
146
median $5.5M
Active

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