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5445 Collins Avenue, Miami Beach FL 33140

Multi-family For Sale
$2,400,000

BTC: 37.85488959

ETH: 1,261.40520540

22 days
Waterfront
0 room(s)

Overview

Unique investment opportunity featuring a package of 6 fully furnished studio residences at Castle Beach Club, located directly on the ocean in the heart of Miami Beach’s prestigious Millionaire’s Row. This income-producing portfolio includes units 1730, 1232, 1424, 928, 724, and 1203, offering exceptional flexibility for short-term rentals, vacation stays, or Airbnb operations with no rental limitations. The building offers resort-style amenities including beachfront access, swimming pool, fitness center, valet parking, and on-site conveniences, all just minutes from South Beach, Lincoln Road, and Bal Harbour Shops. Strong rental demand and Miami Beach’s year-round tourism make this an attractive opportunity for investors seeking immediate cash flow and future value appreciation.

Location

Florida • Miami Beach • 33140 • Multi-family • For Sale • Waterfront

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1966
Lot:
No Data
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
$5,235

Valuation

Our model vs. what's actually selling nearby.
Estimate
$779,900
$555K – $2.3M
Confidence Low
List vs. estimate
$1.6M above estimate
List $2,400,000 · +207.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $656K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$35,903
2025
HOA
$5,235/mo
Pool
Other
Waterfront
Ocean Access, Ocean Front
Parking
1 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 02-30-00-000-0000

    • Zoning: 22

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • HOA: $5,235

    • HOA Frequency: Monthly

    • Annual tax amount: $35,903

  • Source details

    • MLS ID: A12029398

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Other Lot Description

    • Pool Features: Other

    • Window Features: Clear Impact Glass / Blinds

    • Architectural Style: Other

    • Waterfront: Yes

    • Subdivision Name: CASTLE BEACH CLUB CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33140
529
median $798K
Active
Same city
Miami Beach
2,428
median $622K
Active
Same type
Multi-family
47
median $1.6M
Active
Similar price
$1.7M – $3.1M
233
median $2.3M
Active

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: Golden Keys Inc