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5775 Collins Ave # 1501, Miami Beach FL 33140

Condo/Co-op Active With Contract
$14,495,000

BTC: 226.48437500

ETH: 8,301.83276060

168 days
Waterfront
4 bds
5 ba
3,443 sqft

Overview

Rare-to-market oceanfront Sky Residence at 57 Ocean perched on the 15th floor with 12-foot-deep sunrise and sunset terraces showcasing panoramic ocean and city skyline views. This 4-bedroom, 5.5-bathroom home offers 3,443 interior square feet complemented by 1,581 square feet of outdoor living, all finished with warm wood-like ceiling accents that extend the home outward and create refined, seamless indoor-outdoor coastal living. A private elevator opens to a light-filled living area with 10-foot ceilings, floor-to-ceiling glass and marble & herringbone wood floors that create a sophisticated and inviting setting for everyday living. The Poliform kitchen features modern cabinetry, a solid marble waterfall island, marble countertops and backsplash, Sub Zero/Wolf appliances, wine refrigerator and a walk-in pantry. The primary suite includes a comfortable seating area, terrace access, generous walk-in closet and a spa-inspired bathroom lined in floor-to-ceiling natural stone with Poliform vanities, double shower and a floating tub. Each guest bedroom includes an ensuite bathroom for privacy and comfort. Ideally situated on Mid-Beach’s iconic Millionaire’s Row, 57 Ocean offers 5-star amenities including direct access to 220 feet of oceanfront, two cabana-lined oceanfront infinity pools, a holistic wellness pavilion spa with indoor and outdoor experiences, fitness center, poolside bar, library, club room with professional-grade kitchen, kids' room and pool and beach services.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Covered / Valet
Year Built:
2021
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$4,210
Cooling:
Central Air / Electric
HOA:
$9,379

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,900,000
$4.5M – $12.0M
Confidence Low
List vs. estimate
$9.6M above estimate
List $14,495,000 · +195.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$4,209
+605.5% vs. city median $596
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $4.7M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$161,781
2025
HOA
$9,379/mo
View
Bay, Ocean View
Waterfront
Ocean Front
Garage
3 car garage
Furnished
Furniture For Sale,Furniture Negotiable
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Marble

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • Entrance Foyer

    • Other

    • Pantry

    • Split Bedroom

    • Walk-In Closet(s)

    • Maid/In-Law Quarters

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 5

  • Parking

    • 2 Or More Spaces

    • Covered

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-32-11-032-0120

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $9,379

    • HOA Frequency: Monthly

    • Annual tax amount: $161,781

  • Source details

    • MLS ID: A11920884

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Complete Impact Glass / Blinds

    • Direction Faces: West

    • Architectural Style: Corner Unit / High Rise

    • Waterfront: Yes

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3443

    • Subdivision Name: 57 OCEAN MIAMI BEACH

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: Douglas Elliman