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5601 Collins Ave # 1515, Miami Beach FL 33140

Condo/Co-op For Sale
$550,000

BTC: 8.46153846

ETH: 289.07202624

2 days
1 bds
1 ba
960 sqft

Overview

Experience beachfront living and exceptional investment potential at The Pavilion in Miami Beach. This spacious 1-bedroom, 2-bath residence features a beautifully renovated kitchen, an open and functional layout, abundant natural light, and a private balcony to enjoy the coastal lifestyle. One of the few oceanfront communities that allows short-term rentals, making it an outstanding opportunity for investors, vacation homeowners, or full-time residents. Resort-style amenities include direct beach access with beach service, valet parking, 24-hour security, fitness center, pool, convenience store, and more. Ideally located on Millionaire’s Row, just minutes from South Beach, Bal Harbour, world-class dining, shopping, and entertainment.

Location

Details

Type:
Residential
Parking:
Valet
Year Built:
1968
Lot:
No Data
Heating:
Central
Price/sqft:
$573
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$389,000
$220K – $615K
Confidence Low
List vs. estimate
$161K above estimate
List $550,000 · +41.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$572
-3.7% vs. city median $594
Based on
1281 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $782K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,244
2025
View
Bay, Canal
Pets
Not allowed
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Electric Range

    • Ice Maker

    • Microwave

    • Refrigerator

    Other interior features

    • Closet Cabinetry

    • Fire Sprinklers

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-11-062-1930

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $7,244

  • Source details

    • MLS ID: A12061718

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Blinds

    • Direction Faces: West

    • Architectural Style: Corner Unit

    • Living Area: 960

    • Subdivision Name: THE PAVILION CONDO

Private inquiry
Talk to the advisor on this listing.
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Market around this address

Live counts in the same area.
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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: Fortune Christie's International Real Estate