Sold for $515,000

$515,000

5601 Collins Ave APT 417, Miami Beach, FL 33140

1beds

930sqft

Condominium

Built in 1968

-- sqft lot

$492,200 Zestimate^®

$554/sqft

$3,453 Estimated rent

Home value

$492,200

$448,000 - $541,000

$3,453/mo

Zestimate^® history

Owner options

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$3,453/mo

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$3,453/mo

Rent Zestimate^®

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$4,735/mo

Est. payment

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$4,735/mo

Est. payment

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What's special

Sought-after oceanfront buildingDirect beach accessAmple natural lightModern stainless steel appliances

Bright and remodeled 1 bed + den, 2-bathroom apartment in the heart of Miami Beach, located in a sought-after oceanfront building with direct beach access. This unit has been converted into a 1-bedroom plus den layout, perfect for additional flexibility as an office, guest space, or second bedroom. Features modern stainless steel appliances, tile flooring throughout, and ample natural light. Enjoy resort-style amenities, including a pool, gym, valet parking, 24/7 security, and beach chair service. Short-term rentals allowed, making it ideal for investment or vacation use. Located on Collins Avenue, just minutes from shops, dining, and entertainment.

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Central

Cooling

Central Air

Appliances

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

Features

Flooring: Tile

Interior area

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

Property

Parking

Total spaces: 1
Parking features: 1 Space, Assigned, Valet, No Rv/Boats, No Trucks/Trailers
Garage spaces: 1

Features

Entry location: First Floor Entry
Exterior features: Other
Has view: Yes
View description: Other

Details

Parcel number: 0232110622090

Construction

Type & style

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

Materials

CBS Construction

Condition

Year built: 1968

Community & HOA

Community

Security: Fire Sprinkler System, Fire Alarm, Smoke Detector, Elevator Secure, Card Entry, Secured Garage/Parking, Lobby Secured
Application fee: $150
Pet fee: $0
Subdivision: The Pavilion Condo

HOA

Has HOA: Yes
Amenities included: Barbecue, Bike Storage, Laundry, Elevator(s), Fitness Center, Pool, Trash
HOA fee: $1,121 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $554/sqft
Tax assessed value: $427,086
Annual tax amount: $5,845
Date on market: 9/27/2024
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
4/23/2025	Sold	$515,000-5.5%$554/sqft
Source: MIAMI #A11664759 Report a problem
3/18/2025	Pending sale	$545,000$586/sqft
Source: MIAMI #A11664759 Report a problem
11/20/2024	Price change	$545,000-6%$586/sqft
Source: MIAMI #A11664759 Report a problem
9/27/2024	Listed for sale	$580,000+567.4%$624/sqft
Source: MIAMI #A11664759 Report a problem
4/8/2014	Listing removed	$2,800$3/sqft
Source: Brickell Brokers Report a problem
1/4/2014	Listed for rent	$2,800$3/sqft
Source: Brickell Brokers Report a problem
5/31/1994	Sold	$86,900$93/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,012 +21.4%	$427,086 +37.7%
2024	$6,601 +8.4%	$310,256 +10%
2023	$6,089 +23.6%	$282,051 +10%
2022	$4,925 +9.4%	$256,410 +10%
2021	$4,501 +4.7%	$233,100 +5%
2020	$4,298 -7.2%	$222,000 -6.4%
2019	$4,633 +7.2%	$237,245 +10%
2018	$4,320	$215,678 +10%
2017	$4,320 +10.5%	$196,071 +10%
2016	$3,911 +6.8%	$178,247 +10%
2015	$3,662 +12.6%	$162,043 +10%
2014	$3,254 +11%	$147,312 -6.5%
2013	$2,932	$157,553 +10%
2012	$2,932 -1.1%	$143,230 +4.5%
2011	$2,965 -15.6%	$137,051 -13.9%
2010	$3,512 +3%	$159,140 -4%
2009	$3,410 -38.8%	$165,770 -40%
2007	$5,574 +50.5%	$276,280
2006	$3,704	--
2005	$3,704 -1.9%	--
2004	$3,774 +41.9%	--
2003	$2,660 +15%	--
2002	$2,313	--
2001	$2,313	--