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5255 Collins Ave, Miami Beach FL 33140

Penthouse For Sale
$3,890,000

BTC: 48.62500000

ETH: 1,620.83333333

94 days
Waterfront
5 bds
6 ba
6,584 sqft

Overview

This extraordinary direct oceanfront penthouse offers a scale, position, and level of opportunity rarely available in today's market. 6,584 sf of interior living space and 2,884 sf of terraces with uninterrupted Atlantic Ocean views to the east and sunset vistas over Indian Creek and the Miami skyline to the west. This penthouse lives like a private oceanfront estate in the sky. Expansive entertaining spaces, oversized bedroom suites, and floor-to-ceiling exposures create a dramatic canvas craft one of Miami Beach's truly iconic residences. Fully permitted design plans are included, offering a seamless path to modernization and customization while preserving the property's rare scale and irreplaceable footprint. The residence is situated within one of Mid-Beach's most substantial oceanfront enclaves, spanning multiple beachfront acres along a coveted stretch bordered by the Atlantic Ocean and Indian Creek. The building is nearing completion of an extensive transformation tied to its 40/50-year recertification, enhancing the property's long-term quality, safety, and stature. Recent upgrades to the residence itself include brand-new hurricane-impact windows throughout. Enjoy a full-service lifestyle with 24h concierge and valet, a designed pool deck, fitness center, cabanas, outdoor entertaining areas, and private beach access with dedicated beach service. Maintenance includes all utilities. The offering also includes same-floor storage and two assigned garage parking spaces.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Valet / Limited # Of Vehicle
Year Built:
1963
Lot:
No Data
Heating:
Electric
Price/sqft:
$591
Cooling:
Electric
HOA:
$7,482

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $570K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$36,032
2025
HOA
$7,482/mo
View
Bay, Canal
Waterfront
Ocean Access, Ocean Front
Garage
2 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Other

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Other Equipment/Appliances

    • Electric Range

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Den/Library/Office

    • Family Room

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 6

  • Parking

    • 2 Or More Spaces

    • Valet

    • Limited # Of Vehicle

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-14-007-1260

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $7,482

    • HOA Frequency: Monthly

    • Annual tax amount: $36,032

  • Source details

    • MLS ID: A12015626

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / High Impact Windows

    • Direction Faces: East

    • Architectural Style: High Rise / Penthouse

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 6584

    • Subdivision Name: IMPERIAL HOUSE CONDO

Private inquiry
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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: Coldwell Banker Realty