For sale

Price cut: $40K (7/27)

$450,000

5601 Collins Ave APT 1723, Miami Beach, FL 33140

1beds

930sqft

$3,105/mo

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Condominium

Built in 1968

-- sqft lot

$-- Zestimate^®

$484/sqft

$-- HOA

What's special

Private patioHeated poolRecreation roomBeautifully designed residenceOpen concept kitchenGenerous closet space

Wake up to breathtaking panoramic views of the bay and the intracoastal waterway, and unwind each evening with some of the most spectacular sunsets South Florida has to offer. This beautifully designed residence features a spacious and inviting floor plan, generous closet space, and an open concept kitchen that seamlessly blends with the living area, allowing you to enjoy stunning water views while cooking, dining, or entertaining. The residence offers an outstanding selection of amenities, including a state-of-the-art fitness center, a heated pool, a private patio, a BBQ area perfect for gatherings, and a recreation room. This is a wonderful opportunity to enjoy resort-style living in a prime waterfront location. Short rentals are allowed.

46 days
154
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

None

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Microwave, Refrigerator
Laundry: Common Area

Features

Other, Walk-In Closet(s)
Flooring: Tile
Doors: High Impact Doors

Interior area

Total structure area: 930
Total interior livable area: 930 sqft

Video & virtual tour

View virtual tour

Property

Parking

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

Features

Patio & porch: Deck, Patio
Exterior features: Barbecue
Has view: Yes
View description: Intracoastal View
Has water view: Yes
Water view: Intracoastal View

Details

Parcel number: 0232110622990

Construction

Type & style

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

Materials

Concrete Block Construction

Condition

Year built: 1968

Utilities & green energy

Electric: Circuit Breakers

Community & HOA

Community

Security: Smoke Detector, Security Guard
Application fee: $100
Subdivision: The Pavilion Condo

HOA

Has HOA: Yes
Amenities included: Barbecue, Bike Storage, Laundry, Elevator(s), Fitness Center, Exterior Lighting, Pool

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $484/sqft
Tax assessed value: $481,345
Annual tax amount: $7,857
Date on market: 7/21/2026
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/27/2026	Price change	$450,000-8.2%$484/sqft
Source: MIAMI #A12056856 Report a problem
7/21/2026	Listed for sale	$490,000+337.9%$527/sqft
Source: MIAMI #A12056856 Report a problem
7/1/1994	Sold	$111,900$120/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,857 +5.6%	$384,632 +10%
2024	$7,440 +8.4%	$349,666 +10%
2023	$6,863 +23.6%	$317,879 +10%
2022	$5,551 +9.4%	$288,981 +10%
2021	$5,072 +4.7%	$262,710 +5%
2020	$4,844 -9.6%	$250,200 -9.5%
2019	$5,357 +3.4%	$276,450 +3.6%
2018	$5,180	$266,768 +10%
2017	$5,180 +7.1%	$242,517 +10%
2016	$4,838 +6.8%	$220,470 +10%
2015	$4,530 +12.6%	$200,428 +10%
2014	$4,025 +11%	$182,208 -6.5%
2013	$3,626	$194,876 +10%
2012	$3,626 -1.1%	$177,160 +4.2%
2011	$3,667 -15.6%	$170,074 -13.6%
2010	$4,344 +3%	$196,840 -4%
2009	$4,218 -38.8%	$205,040 -40%
2007	$6,894 +50.5%	$341,740
2006	$4,581	--
2005	$4,581 -1.9%	--
2004	$4,669 +41.9%	--
2003	$3,291 +15%	--
2002	$2,862	--
2001	$2,862	--