For sale

$564,000

5225 Collins Ave APT 1516, Miami Beach, FL 33140

2beds

960sqft

$5,700/mo

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Condominium

Built in 1962

-- sqft lot

$537,400 Zestimate^®

$588/sqft

$1,807/mo HOA

What's special

Direct beach access

Excellent opportunity in Miami Beach! This 2-bedroom, 2-bathroom residence at The Alexander Condo offers 960 sq. ft. in an oceanfront building on prestigious Collins Avenue. Ideal for buyers looking for a Miami Beach residence with the flexibility to enjoy the property during their stays while also taking advantage of the building’s rental options, subject to condominium rules and regulations. Enjoy direct beach access, resort-style amenities, pools, valet parking and more. Conveniently located near dining, shopping and entertainment. A great opportunity to own a residence in Miami Beach that combines personal enjoyment with rental flexibility. Easy to show.

8 days
119
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Family Room

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Water Heater, Microwave, Electric Range

Features

Pantry
Flooring: Other

Interior area

Total structure area: 960
Total interior livable area: 960 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: 1 Space, Covered, Valet
Garage spaces: 1

Features

Entry location: First Floor Entry
Exterior features: Balcony
Pool features: Association
Has view: Yes
View description: Ocean, Skyline, Water
Has water view: Yes
Water view: Ocean,Water
Waterfront features: Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0232140191700

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

Updated/Remodeled
Year built: 1962

Community & HOA

Community

Security: Fire Alarm, Elevator Secure, Card Entry, Stairs Secured
Application fee: $150
Subdivision: The Alexander Condo

HOA

Has HOA: Yes
Amenities included: Bike/Jog Path, Clubhouse-Clubroom, Elevator(s), Exterior Lighting, Pool
HOA fee: $1,807 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $588/sqft
Tax assessed value: $405,441
Annual tax amount: $7,140
Date on market: 8/23/2026
Listing terms: All Cash,Conventional

Estimated market value

$537,400

$511,000 - $564,000

$3,618/mo

Price history

Date	Event	Price
8/31/2026	Listed for sale	$564,000+34.3%$588/sqft
Source: MIAMI #A12078502 Report a problem
1/19/2021	Listing removed	--
Source: MIAMI Report a problem
11/8/2019	Price change	$420,000-2.3%$438/sqft
Source: DeMar Realty #A10768603 Report a problem
8/5/2019	Price change	$430,000-5.5%$448/sqft
Source: DeMar Realty #A10590693 Report a problem
12/27/2018	Listed for sale	$455,000+53.2%$474/sqft
Source: DeMar Realty #A10590693 Report a problem
5/2/2012	Sold	$297,000-8.6%$309/sqft
Source: Public Record Report a problem
2/29/2012	Listed for sale	$325,000$339/sqft
Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A1610800 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,140 +3.7%	$367,033 +10%
2024	$6,885 +5%	$333,667 +10%
2023	$6,559 +17.9%	$303,334 +10%
2022	$5,561 +14.9%	$275,759 +10%
2021	$4,840 -14.2%	$250,690 -14%
2020	$5,643 -18.1%	$291,500 -18%
2019	$6,889 +3.1%	$355,500
2018	$6,685	$355,500 -0.3%
2017	$6,685 -2.2%	$356,434 +10%
2016	$6,834 +9.1%	$324,031 +10%
2015	$6,262 +11.1%	$294,574 +10%
2014	$5,635 +1.8%	$267,795 +10%
2013	$5,537	$243,450 -10%
2012	$5,537 +1.6%	$270,500 +4.5%
2011	$5,450 +5%	$258,742 +10%
2010	$5,190 -8.8%	$235,220 -15%
2009	$5,693 -17.4%	$276,730 -19%
2007	$6,893 +58.3%	$341,650
2006	$4,353	--
2005	$4,353 -1.9%	--
2004	$4,436 +13.5%	--
2003	$3,909 +16.1%	--
2002	$3,368	--
2001	$3,368	--