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Sold for $690,000
  • $690,000

    5601 Collins Avenue #M5, Miami Beach, FL 33140

    2beds
    1,335sqft
    Condominium
    Built in 1996
    -- sqft lot
    $687,600 Zestimate®
    $517/sqft
    $5,696 Estimated rent

    Home value

    $687,600

    $605,000 - $784,000

    $5,696/mo

    Zestimate® history
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    What's special

    Freshly painted hallwaysRefreshed carpetingDen with windowStorage roomWasher and dryerSpacious en-suite primary bedroomNew impact windows
    Welcome to The Pavilion -- the ultimate expression of oceanfront living in the heart of Miami Beach's coveted Mid-Beach. Perfectly positioned directly on the sand, this rare oceanfront lanai residence offers breathtaking, unobstructed views of the Atlantic from nearly every room. Whether you're in the living room, kitchen, or spacious primary suite, the endless blue of the sea becomes your everyday backdrop. This oversized 1-bedroom + den / 2.5-bath residence (easily used as a 2-bedroom) spans 1,335 SF and features a private terrace with direct beach walk access -- a truly rare offering in the building. The spacious en-suite primary bedroom includes generous closet space, while the den with window functions perfectly as a second bedroom or office. The open-concept kitchen flows seamlessly into the expansive living area. Concrete walls between units provide exceptional privacy. Additional highlights include washer & dryer, storage room, new impact windows, and an assigned self-parking space conveniently located by the elevators -- in addition to complimentary covered valet parking. The Pavilion is a sought-after, full-service oceanfront building offering: Direct private beach access with complimentary lounge chairs, Heated oceanfront pool, Fully equipped fitness center & sauna, BBQ area for outdoor entertaining, 24/7 security & surveillance, Valet service, Bike storage & package delivery, Brand-new elevators, refreshed carpeting, and freshly painted hallways. Maintenance includes A/C, fiber-optic internet & cable, hot and cold water, gym access, barbecue area, and beach & pool lounges -- exceptional value and convenience. Short- and long-term rentals are permitted (minimum rental period is 6 days), offering outstanding flexibility for investors or owners seeking income potential. Pet-friendly and located in a very secure Mid-Beach neighborhood, the property sits along the beautifully lighted beach walk -- perfect for biking to South Beach or north toward Haulover Cut. Just minutes from world-renowned destinations such as Faena Hotel Miami Beach, The Miami Beach EDITION, and Soho House Miami, as well as Surfside, Bal Harbour, fine dining, shopping, and entertainment. Whether you're seeking a full-time beachfront residence, luxurious vacation retreat, or income-producing investment, this exceptional oceanfront property truly checks every box. Live the beachfront lifestyle you've always dreamed of. The monthly HOA is $1,600 + the following 3 assessments to keep the building up to code: $275.17 per month until 10/31/2028 $237.64 per month, until 07/31/2038 352.18 per month until 12/31/2039

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexey Kogan 954-599-4544,

    Florida Listings Real Estate

    Bought with:

    Wesley Ulloa, 3192493

    Luxe Properties

    Brittani J Brookins, 3346157

    Luxe Properties

    Source: BeachesMLS,MLS#: R11166368MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 750
    • Dimensions: 15 X 50
    Kitchen
    • Level: Main
    • Area: 800
    • Dimensions: 20 X 40
    Living room
    • Level: Main
    • Area: 600
    • Dimensions: 30 X 20
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Electric Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • None
    Interior area
    • Total structure area: 1,335
    • Total interior livable area: 1,335 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Pool features: Association
    • On waterfront: Yes
    • Waterfront features: Ocean Access, Ocean Front
    Details
    • Parcel number: 0232110623430
    • Zoning: R

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    Condition
    • Resale
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Gated
    • Security: Gated Community
    • Subdivision: THE PAVILION
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Beach Access, Business Center, Elevator(s), Fitness Center, Pool
    • Services included: Internet
    • HOA fee: $1,600 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $517/sqft
    • Tax assessed value: $544,640
    • Annual tax amount: $9,436
    • Date on market: 2/24/2026
    • Cumulative days on market: 69 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/13/2026Pending sale$700,000+1.4%$524/sqft
    Source: BeachesMLS #R11166368 Report a problem
    5/12/2026Sold$690,000-1.4%$517/sqft
    Source: BeachesMLS #R11166368 Report a problem
    4/14/2026Price change$700,000-2.1%$524/sqft
    Source: BeachesMLS #R11166368 Report a problem
    4/4/2026Price change$715,000-2.7%$536/sqft
    Source: BeachesMLS #R11166368 Report a problem
    3/31/2026Price change$734,900-1.3%$550/sqft
    Source: BeachesMLS #R11166368 Report a problem
    3/25/2026Price change$744,900-0.7%$558/sqft
    Source: BeachesMLS #R11166368 Report a problem
    3/17/2026Price change$749,900-1.3%$562/sqft
    Source: BeachesMLS #R11166368 Report a problem
    3/12/2026Price change$760,000-3.7%$569/sqft
    Source: BeachesMLS #R11166368 Report a problem
    3/11/2026Price change$789,000-1.3%$591/sqft
    Source: BeachesMLS #R11166368 Report a problem
    3/4/2026Price change$799,000-2%$599/sqft
    Source: BeachesMLS #RX-11166368 Report a problem
    2/24/2026Listed for sale$815,000-4.1%$610/sqft
    Source: BeachesMLS #RX-11166368 Report a problem
    2/10/2026Listing removed$850,000$637/sqft
    Source: MIAMI #A11864300 Report a problem
    1/7/2026Price change$850,000-4.5%$637/sqft
    Source: MIAMI #A11864300 Report a problem
    11/26/2025Price change$890,000-5.8%$667/sqft
    Source: MIAMI #A11864300 Report a problem
    10/21/2025Price change$945,000-4.5%$708/sqft
    Source: MIAMI #A11864300 Report a problem
    9/15/2025Listed for sale$990,000+53.5%$742/sqft
    Source: MIAMI #A11864300 Report a problem
    2/28/2022Sold$645,000-7.7%$483/sqft
    Source: MIAMI #A11068135 Report a problem
    12/31/2021Contingent$699,000$524/sqft
    Source: MIAMI #A11068135 Report a problem
    12/13/2021Price change$699,000-4.2%$524/sqft
    Source: MIAMI #A11068135 Report a problem
    8/12/2021Price change$730,000-6.4%$547/sqft
    Source: MIAMI #A11068135 Report a problem
    7/8/2021Listed for sale$780,000+194.3%$584/sqft
    Source: MIAMI #A11068135 Report a problem
    7/29/2016Sold$265,000$199/sqft
    Source: Public Record Report a problem
    5/30/2014Sold$265,000+409.6%$199/sqft
    Source: Public Record Report a problem
    12/13/1995Sold$52,000$39/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,437 -7.8%$544,640
    2024$10,234 -0.6%$544,640
    2023$10,292 +27.7%$544,640 +43.2%
    2022$8,058 +20.7%$380,380 +10%
    2021$6,677 -0.3%$345,800
    2020$6,695 -5.1%$345,800 -5%
    2019$7,054 +3.1%$364,000
    2018$6,845 $364,000 +4.9%
    2017$6,845 +3.6%$346,970 +18.2%
    2016$6,607 +25%$293,590 +10%
    2015$5,288 -2.5%$266,900
    2014$5,423 +4.2%$266,900
    2013$5,203 $266,900 +5%
    2012$5,203 -1.1%$254,190 +4.2%
    2011$5,262 -15.6%$244,022 -13.6%
    2010$6,232 +3%$282,430 -4%
    2009$6,052 -38.8%$294,200 -40%
    2007$9,892 +50.5%$490,330
    2006$6,573 --
    2005$6,573 -1.9%--
    2004$6,699 +24.8%--
    2003$5,366 +19.9%--
    2002$4,475 --
    2001$4,475 --
    Find assessor info on the county website

    Neighborhood: Oceanfront

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Beach
    • Middle: Miami Beach Nautilus
    • High: Miami Beach

    Source: BeachesMLS. 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
    $687,600
    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
    $687,600