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5600 E Collins Ave # 5B, Miami Beach FL 33140

Condo/Co-op For Sale
$498,000

BTC: 6.28787879

ETH: 203.34830543

New
Waterfront
2 bds
2 ba
1,190 sqft

Overview

Spacious 2-bedroom, 2-bathroom residence at 5600 Collins Ave #5B, offering 1,190 sq. ft. on Miami Beach’s prestigious Millionaire’s Row. This well designed layout features elegant wood floors, a modern kitchen with updated appliances, and an in unit washer and dryer. Impact windows in the bedrooms and a large private balcony offer comfort, peace of mind, and effortless indoor outdoor living. 5600 Collins is a full service waterfront building featuring marina access, a heated pool, fitness center, spa, on site restaurant, and a recently renovated lobby. The comprehensive maintenance fee includes cable, high-speed internet, water, and air conditioning. Offering exceptional versatility, the pet friendly building features a flexible rental policy allowing 30 day minimum stays, seasonal leases, or annual rentals. Whether you are seeking a primary residence, a seasonal getaway, or a high performing investment property, this turnkey condo delivers. Prime location directly across from the beach with seamless access to the oceanfront boardwalk.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Covered / No Rv/Boats / No Trucks/Trailers
Year Built:
1967
Lot:
No Data
Heating:
Central
Price/sqft:
$418
Cooling:
Central Air
HOA:
$1,455

Valuation

Our model vs. what's actually selling nearby.
Estimate
$415,000
$245K – $775K
Confidence Low
List vs. estimate
$83K above estimate
List $498,000 · +20.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$418
-30.8% vs. city median $605
Based on
609 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $660K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,854
2025
HOA
$1,455/mo
View
Ocean View, Other View
Waterfront
Intracoastal Front, No Fixed Bridges
Garage
1 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • Interior Hall

    • Lobby

    • First Floor Entry

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Assigned

    • Covered

    • No Rv/Boats

    • No Trucks/Trailers

    Property

    • Exterior Features: Barbeque / Courtyard / Open Balcony

    Other Property Information

    • Parcel Number: 02-32-14-027-0170

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,455

    • HOA Frequency: Monthly

    • Annual tax amount: $6,854

  • Source details

    • MLS ID: A12085782

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Deck / Open Balcony

    • Window Features: Clear Impact Glass / Blinds

    • Direction Faces: East

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1190

    • Subdivision Name: 5600 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: Insignia International Properties