Located in the prestigious oceanfront community of 5601 Collins Avenue on Miami Beach’s iconic Millionaire’s Row, this spacious 2-bedroom, 2-bathroom residence offers 930 SF of living space, combining an exceptional beachfront location with outstanding investment potential. The thoughtfully designed floor plan features an open-concept living area, a separate formal dining space, abundant natural light, and generous closet and storage space throughout. What truly sets this property apart is its investment flexibility. The building permits short-term rentals, including Airbnb, offering investors the opportunity to generate rental income while retaining the flexibility to enjoy the property themselves. Residents and guests benefit from a full-service, resort-style lifestyle featuring 24-hour concierge and security, valet parking, fitness center, billiards room, convenience market, direct beach access, and an oceanfront pool deck with lounge areas and barbecue facilities. A compelling opportunity to own an oceanfront property in one of Miami Beach’s most recognized locations, combining lifestyle appeal, rental flexibility, and long-term investment potential.
For sale
$510,000
5601 Collins Ave APT 819, Miami Beach, FL 33140
2beds
930sqft
Condominium
Built in 1968
-- sqft lot
$497,500 Zestimate®
$548/sqft
$1,122/mo HOA
What's special
Oceanfront propertyDirect beach accessAbundant natural lightSeparate formal dining space
- 10 hours
- 63
- 8
Zillow last checked:
Listing updated:
Listed by:
Andres Nitti 786-620-0502,
Creative R.E. & Projects, LLC
Source: MIAMI,MLS#: A12119083
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Washer/Dryer Leased
- Laundry: Common Area
Features
- Lobby, Closet Cabinetry
- Flooring: Ceramic Tile
- Windows: Complete Impact Glass, High Impact Windows
Interior area
- Total structure area: 930
- Total interior livable area: 930 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered, Valet, Limited # Of Vehicle, No Rv/Boats
- Garage spaces: 1
Features
- Exterior features: Balcony
- Pool features: Association
- Has view: Yes
- View description: Bay, Canal, Intracoastal View
- Has water view: Yes
- Water view: Bay,Canal,Intracoastal View
- Waterfront features: Canal Front, Ocean Front
Lot
- Features: East Of Us1
Details
- Parcel number: 0232110622390
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: Fire Alarm, Smoke Detector, Complex Fenced, Card Entry, Security Guard
- Application fee: $100
- Subdivision: The Pavilion Condo
HOA
- Has HOA: Yes
- Amenities included: Laundry, Elevator(s), Fitness Center, Pool, Private Beach Pavilion
- HOA fee: $1,122 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $548/sqft
- Tax assessed value: $444,409
- Annual tax amount: $7,254
- Date on market: 11/9/2026
- Listing terms: All Cash,Conventional,Cryptocurrency
Estimated market value
$497,500
$448,000 - $552,000
$3,939/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2026 | Listed for sale | $510,000+27.5%$548/sqft |
Source: | ||
| 1/23/2026 | Sold | $400,000+6.7%$430/sqft |
Source: Public Record Report a problem | ||
| 8/23/2017 | Listing removed | $375,000$403/sqft |
Source: Galiano Realty Group #A10260078 Report a problem | ||
| 5/5/2017 | Listed for sale | $375,000$403/sqft |
Source: Galiano Realty Group #A10260078 Report a problem | ||
| 6/9/2016 | Listing removed | $375,000$403/sqft |
Source: Galiano Realty Group #A10055841 Report a problem | ||
| 5/12/2016 | Price change | $375,000-1.3%$403/sqft |
Source: Galiano Realty Group #A10055841 Report a problem | ||
| 4/10/2016 | Price change | $380,000+8.6%$409/sqft |
Source: Galiano Realty Group #A10055841 Report a problem | ||
| 3/24/2016 | Listed for sale | $350,000+75%$376/sqft |
Source: Galiano Realty Group #A10055841 Report a problem | ||
| 3/23/2012 | Sold | $200,000+104.1%$215/sqft |
Source: Public Record Report a problem | ||
| 8/1/1994 | Sold | $98,000$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,254 +5.6% | $355,116 +10% |
| 2024 | $6,869 +8.4% | $322,833 +10% |
| 2023 | $6,336 +23.6% | $293,485 +10% |
| 2022 | $5,125 +9.4% | $266,805 +10% |
| 2021 | $4,683 +4.7% | $242,550 +5% |
| 2020 | $4,472 -9% | $231,000 -8.9% |
| 2019 | $4,915 -1.1% | $253,650 -3.5% |
| 2018 | $4,970 | $262,779 +10% |
| 2017 | $4,970 +9.2% | $238,890 +1.7% |
| 2016 | $4,549 +2.8% | $235,006 +10% |
| 2015 | $4,425 +12.1% | $213,642 +10% |
| 2014 | $3,946 +24.8% | $194,220 -5% |
| 2013 | $3,163 | $204,440 +32.3% |
| 2012 | $3,163 -1.1% | $154,520 +4.2% |
| 2011 | $3,198 -15.6% | $148,339 -13.6% |
| 2010 | $3,789 +3% | $171,690 -4% |
| 2009 | $3,679 -38.8% | $178,840 -40% |
| 2007 | $6,013 +50.5% | $298,060 |
| 2006 | $3,996 | -- |
| 2005 | $3,996 -1.9% | -- |
| 2004 | $4,072 +41.9% | -- |
| 2003 | $2,871 +15% | -- |
| 2002 | $2,496 | -- |
| 2001 | $2,496 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Oceanfront
Nearby schools
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.









