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Sold for $550,000
  • $550,000

    5601 Collins Ave APT 511, Miami Beach, FL 33140

    1beds
    930sqft
    Condominium
    Built in 1968
    -- sqft lot
    $549,800 Zestimate®
    $591/sqft
    $3,816 Estimated rent

    Home value

    $549,800

    $484,000 - $627,000

    $3,816/mo

    Zestimate® history
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    What's special

    Direct beach accessModern comfortPrivate balconySparkling poolPanoramic ocean viewsWasher and dryer
    This stunning 1-bedroom, 1.5-bath condo on the 5th floor offers an unbeatable living experience with panoramic ocean views that stretch across the kitchen, living room, and out onto the private balcony. Located in a sought-after oceanfront building, this unit combines modern comfort with the beauty of coastal living. Enjoy a suite of luxurious amenities, including direct beach access, a sparkling pool, a fully equipped gym, 24-hour parking, on-site security, and valet service. With short-term rentals permitted, this property presents an excellent investment opportunity. Plus, an assigned parking space adds extra convenience—something few units in the building offer. Minimum rent 6 days. INCLUDES DESIGNATED PARKING. WASHER AND DRYER IN HALLWAY.

    Zillow last checked:

    Listing updated:

    Listed by:

    Fabiana Cantor 954-822-5665,

    Grand Realty of America, Corp.,

    Alexia Furmanski 786-399-0449,

    Grand Realty of America, Corp.

    Bought with:

    Anamaria Maseda, 0653171

    Ocean Pavilion Realty Group LLC

    Source: MIAMI,MLS#: A11848753MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Oven
    Features
    • Lobby, Other
    • Flooring: Tile
    Interior area
    • Total structure area: 930
    • Total interior livable area: 930 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Guest
    • Garage spaces: 1
    Features
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: Private Pool
    • Has view: Yes
    • View description: Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Ocean Access, Ocean Front
    Lot
    • Features: East Of Us1
    Details
    • Parcel number: 0232110621320

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Other
    Condition
    • Year built: 1968

    Community & HOA

    Community
    • Security: Elevator Secure, Card Entry, Lobby Secured
    • Application fee: $100
    • Subdivision: The Pavilion Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Laundry, Elevator(s), Fitness Center
    • HOA fee: $1,122 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $591/sqft
    • Tax assessed value: $498,300
    • Annual tax amount: $7,936
    • Date on market: 7/29/2025
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    8/3/2026Sold$550,000-9.8%$591/sqft
    Source: MIAMI #A11848753 Report a problem
    4/7/2026Price change$610,000-4.7%$656/sqft
    Source: MIAMI #A11848753 Report a problem
    11/13/2025Price change$640,000-1.5%$688/sqft
    Source: MIAMI #A11848753 Report a problem
    10/23/2025Price change$650,000-2.3%$699/sqft
    Source: MIAMI #A11848753 Report a problem
    7/29/2025Listed for sale$665,000-17.9%$715/sqft
    Source: MIAMI #A11848753 Report a problem
    5/1/2025Listing removed$810,000$871/sqft
    Source: MIAMI #A11700797 Report a problem
    11/27/2024Listed for sale$810,000+76.1%$871/sqft
    Source: MIAMI #A11700797 Report a problem
    4/12/2021Listing removed--
    Source: MIAMI #A10945173 Report a problem
    10/30/2020Price change$460,000+5.7%$495/sqft
    Source: Grand Realty of America, Corp. #A10945173 Report a problem
    10/19/2020Listed for sale$435,000+0.6%$468/sqft
    Source: Grand Realty of America, Corp. #A10945173 Report a problem
    5/13/2020Listing removed$2,200$2/sqft
    Source: Grand Realty of America, Corp. #A10854307 Report a problem
    5/5/2020Listed for rent$2,200-26.7%$2/sqft
    Source: Grand Realty of America, Corp. #A10854307 Report a problem
    11/27/2018Listing removed$3,000$3/sqft
    Source: Coldwell Banker Residential Real Estate #A10536579 Report a problem
    9/12/2018Listed for rent$3,000$3/sqft
    Source: Coldwell Banker Residential Real Estate #A10536579 Report a problem
    5/2/2018Listing removed$3,000$3/sqft
    Source: Berkshire Hathaway HomeServices Florida Realty #A10351491 Report a problem
    10/11/2017Sold$432,500+0.6%$465/sqft
    Source: Public Record Report a problem
    10/7/2017Listed for rent$3,000+11.1%$3/sqft
    Source: Berkshire Hathaway HomeServices Florida Realty #A10351491 Report a problem
    3/18/2016Listed for sale$430,000+19.4%$462/sqft
    Source: Blue One Realty, LLC #A10052712 Report a problem
    2/29/2016Sold$360,000-5.3%$387/sqft
    Source: MIAMI #A10018473 Report a problem
    2/19/2016Price change$380,000-10.4%$409/sqft
    Source: EWM Realty International #A10018473 Report a problem
    12/17/2015Price change$424,000-3.6%$456/sqft
    Source: Florida Realty of Miami Corp #A2193117 Report a problem
    10/22/2015Listed for sale$440,000+44.3%$473/sqft
    Source: Florida Realty of Miami Corp #A2193117 Report a problem
    9/26/2013Listing removed$2,700$3/sqft
    Source: Equitable Company Realtors Report a problem
    3/7/2013Listed for rent$2,700$3/sqft
    Source: Brickell Brokers Report a problem
    3/1/2013Sold$305,000-6.2%$328/sqft
    Source: Public Record Report a problem
    2/7/2013Pending sale$325,000+142.5%$349/sqft
    Source: Galiano Realty Group #A1704441 Report a problem
    7/1/1997Sold$134,000+0.8%$144/sqft
    Source: Public Record Report a problem
    8/18/1994Sold$133,000+30.5%$143/sqft
    Source: Public Record Report a problem
    7/8/1994Sold$101,900$110/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,390 +5.7%$419,287 +10%
    2024$7,936 +4.9%$381,170 +10%
    2023$7,565 +25.4%$346,519 +10%
    2022$6,032 +9.1%$315,018 +10%
    2021$5,529 -10.2%$286,380 -10%
    2020$6,160 +5.4%$318,200 +5.5%
    2019$5,843 -7.3%$301,500 -10%
    2018$6,299 $335,000 +12.5%
    2017$6,299 +11.1%$297,860 +1.7%
    2016$5,672 +2.8%$293,013 +10%
    2015$5,517 +12.1%$266,376 +10%
    2014$4,920 +24.7%$242,160 +14.3%
    2013$3,944 $211,937 +10%
    2012$3,944 -1.1%$192,670 +4.2%
    2011$3,988 -15.6%$184,963 -13.6%
    2010$4,724 +3%$214,080 -4%
    2009$4,587 -38.8%$223,000 -40%
    2007$7,498 +50.5%$371,670
    2006$4,983 --
    2005$4,983 -1.9%--
    2004$5,078 +41.9%--
    2003$3,579 +15%--
    2002$3,113 --
    2001$3,113 --
    Find assessor info on the county website

    Neighborhood: Oceanfront

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $549,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $549,800