Welcome to Paradise on Miami Beach’s Iconic Millionaire’s Row! Perched on a high floor with direct ocean views, this sophisticated condo-hotel studio offers the ultimate blend of luxury, convenience, and income potential. Whether you're looking for a personal beachfront escape or a lucrative short-term rental, this property delivers. With no rental restrictions, you can maximize your returns through platforms like Airbnb or opt for hassle-free hosting with on-site rental management. Enjoy an all-inclusive maintenance package that covers electricity, water, cable, and valet parking—keeping ownership truly stress-free. Resort-style amenities include Direct beach access, Oceanfront dining, state-of-the-art fitness center, Convenience store, 24/7 valet and security.
Sold for $230,000
$230,000
5445 Collins Ave APT 1602, Miami Beach, FL 33140
0beds
340sqft
Condominium
Built in 1966
-- sqft lot
$229,100 Zestimate®
$676/sqft
$2,140 Estimated rent
Home value
$229,100
$199,000 - $261,000
$2,140/mo
Zestimate® history
Owner options
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$2,728/mo
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List your homeWhat's special
Sophisticated condo-hotel studioDirect beach accessDirect ocean viewsState-of-the-art fitness center
Zillow last checked:
Listing updated:
Listed by:
Lawrence Salas 305-562-5800,
Bestway Realty Sales, LLC
Bought with:
Laurent Benzaquen, 3149154
Cromwell & Forbes Inc
Source: MIAMI,MLS#: A11878014
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Laundry: Common Area
Features
- Built-in Features
- Flooring: Other
Interior area
- Total structure area: 340
- Total interior livable area: 340 sqft
Property
Parking
- Parking features: Covered, Guest, Valet
Features
- Exterior features: None
- Pool features: Association
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Access, Ocean Front
Lot
- Features: East Of Us1
Details
- Parcel number: 0232140210250
- Other equipment: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 1966
Community & HOA
Community
- Security: Complex Fenced
- Application fee: $125
- Pet fee: $0
- Subdivision: Castle Beach Club Condo
HOA
- Has HOA: Yes
- Amenities included: Cabana, Elevator(s), Fitness Center, Exterior Lighting, Pool, Tennis Court(s), Trash
- HOA fee: $1,037 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $676/sqft
- Tax assessed value: $368,745
- Annual tax amount: $5,297
- Date on market: 9/13/2025
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2025 | Sold | $230,000-8%$676/sqft |
Source:  MIAMI #A11878014 Report a problem | ||
| 9/22/2025 | Pending sale | $250,000$735/sqft |
Source: MIAMI #A11878014 Report a problem | ||
| 9/13/2025 | Listed for sale | $250,000+56.3%$735/sqft |
Source: MIAMI #A11878014 Report a problem | ||
| 2/28/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/24/2022 | Listed for rent | $1,500+13.2%$4/sqft |
Source: Zillow Rental Network_1 #A11165575 Report a problem | ||
| 1/29/2020 | Listing removed | $1,325$4/sqft |
Source: Rent 1 Sale 1 Realty #A10804761 Report a problem | ||
| 10/17/2019 | Listed for rent | $1,325+1.9%$4/sqft |
Source: Rent 1 Sale 1 Realty #A10758653 Report a problem | ||
| 12/7/2017 | Listing removed | $1,300$4/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/9/2017 | Price change | $1,300-3.7%$4/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/10/2017 | Listed for rent | $1,350+3.8%$4/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/8/2014 | Listing removed | $1,300$4/sqft |
Source: RE/MAX PREMIER ASSOCIATES #A1893701 Report a problem | ||
| 1/17/2014 | Listed for rent | $1,300$4/sqft |
Source: RE/MAX PREMIER ASSOCIATES #A1893701 Report a problem | ||
| 6/12/2013 | Listing removed | $160,000$471/sqft |
Source: Keller Williams Elite Pros. #A1778560 Report a problem | ||
| 4/26/2013 | Listed for sale | $160,000+6053.8%$471/sqft |
Source: Keller Williams Elite Pros. #A1778560 Report a problem | ||
| 9/23/2010 | Sold | $2,600-98%$8/sqft |
Source: Public Record Report a problem | ||
| 4/30/2004 | Sold | $129,000+92.5%$379/sqft |
Source: Public Record Report a problem | ||
| 4/29/1994 | Sold | $67,000+3.1%$197/sqft |
Source: Public Record Report a problem | ||
| 8/12/1993 | Sold | $65,000$191/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,579 +5.3% | $258,348 +10% |
| 2024 | $5,297 +17.6% | $234,862 +10% |
| 2023 | $4,505 +15.5% | $213,511 +10% |
| 2022 | $3,900 +2.6% | $194,101 +10% |
| 2021 | $3,800 +12.3% | $176,456 +10% |
| 2020 | $3,384 +3.3% | $160,415 +10% |
| 2019 | $3,276 +11.5% | $145,832 +10% |
| 2018 | $2,939 | $132,575 +10% |
| 2017 | $2,939 -4.2% | $120,523 +10% |
| 2016 | $3,069 +17.8% | $109,567 +10% |
| 2015 | $2,606 +36.8% | $99,607 +10% |
| 2014 | $1,905 +7.4% | $90,552 +10% |
| 2013 | $1,774 | $82,320 -5% |
| 2012 | $1,774 -1.1% | $86,650 |
| 2011 | $1,794 -6.2% | $86,650 |
| 2010 | $1,912 -24.9% | $86,650 -30% |
| 2009 | $2,546 +98.8% | $123,790 +95% |
| 2007 | $1,281 -16.9% | $63,480 |
| 2006 | $1,541 | -- |
| 2005 | $1,541 -41.1% | -- |
| 2004 | $2,618 | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: Oceanfront
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Nearby schools
GreatSchools rating
- 10/10North Beach Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 1.6 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: North Beach
- Middle: Nautilus
- High: Miami Beach
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$229,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$229,100
- Florida
- Miami-Dade County
- Miami Beach
- 33140
- Oceanfront
- 5445 Collins Ave Apartment 1602
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