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5701 Collins Ave, Miami Beach FL 33140

Penthouse Active With Contract
$889,750

BTC: 10.71987952

ETH: 365.85115132

-$2K (2026/09/27)
17 days
Waterfront
2 bds
2 ba
1,070 sqft

Overview

RARE DIRECT OCEANFRONT CORNER PENTHOUSE AT ARLEN BEACH | MID-BEACH | 2 BEDROOMS | 2 BATHS | Exceptional opportunity to own a stunning corner penthouse in Miami Beach. This approximately 1,100-square-foot, 2-bedroom, 2-bath residence captures the essence of elevated coastal living, offering exquisite ocean views from every room By Far the best unit in the building. Generous living space, comfortable bedrooms with direct ocean views, and an inviting setting for both relaxed everyday living and entertaining. South and East exposures provide beautiful light while expansive ocean views create a captivating connection to the spectacular Miami Beach coastline. Wake up to breath-taking sunrises over the Atlantic and enjoy the serenity of oceanfront living from this desirable penthouse setting. Located in coveted Mid-Beach, Arlen Beach places you directly on the beach, and boasts of included amenities: 24 Hour Door Attendant, beach AND pool service, heated pool, on-site full-service restaurant and beauty salon, saunas, well-equipped gym, billiards room, theater, included cable, and WiFi .

Location

Details

Type:
Residential
Parking:
1 Space / Electric Vehicle Charging Station(s) / Valet / No Rv/Boats / No Trucks/Trailers
Year Built:
1969
Lot:
No Data
Heating:
Electric
Price/sqft:
$832
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$1,712

Valuation

Our model vs. what's actually selling nearby.
Estimate
$408,000
$289K – $689K
Confidence Low
List vs. estimate
$481K above estimate
List $889,750 · +118.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$831
-20.7% vs. city median $1,048
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $584K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,329
2025
HOA
$1,712/mo
View
Ocean View, Direct Ocean
Waterfront
Ocean Front
Garage
1 car garage
Furnished
Furnished
Pets
Not allowed
All facts and features
  • Flooring

    • Marble

    Heating

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Ice Maker

    • Microwave

    • Self Cleaning Oven

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Fire Sprinklers

    • Split Bedroom

    • Volume Ceilings

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Electric Vehicle Charging Station(s)

    • Valet

    • No Rv/Boats

    • No Trucks/Trailers

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-11-028-2510

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,712

    • HOA Frequency: Monthly

    • Annual tax amount: $10,329

  • Source details

    • MLS ID: A12096311

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Blinds / High Impact Windows

    • Direction Faces: Southeast

    • Architectural Style: Corner Unit / High Rise / Penthouse

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1070

    • Subdivision Name: ARLEN BEACH 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: Beachfront Realty Inc