Back on the market, Direct ocean front Penthouse on Millionaire's Row. This apartment is great for a beach lover wanting an opportunity to customize an ocean front penthouse that has a wide and million dollar view. Watch the sunrise every morning over The Atlantic Ocean. This property is a hard to find gem. The building allows " short rentals" so, it can be profitable too.
Sold for $700,000
$700,000
5601 Collins Ave #Penthouse 3, Miami Beach, FL 33140
1beds
930sqft
Condominium
Built in 1968
-- sqft lot
$665,500 Zestimate®
$753/sqft
$3,500 Estimated rent
Home value
$665,500
$612,000 - $732,000
$3,500/mo
Zestimate® history
Owner options
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$4,812/mo
Est. payment
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$4,812/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Maxima Beckman 305-975-5270,
Galiano Realty Group
Bought with:
Ronal Barcelo, 3398099
Barcelo Realty Corp
Source: MIAMI,MLS#: A11543253
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Other
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Shabbat Elevator
- Flooring: Tile
- Doors: High Impact Doors
Interior area
- Total structure area: 930
- Total interior livable area: 930 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Space, Valet
- Garage spaces: 1
Features
- Patio & porch: Patio
- Exterior features: Barbecue
- Has private pool: Yes
- Pool features: Private Pool
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Front
Details
- Parcel number: 0232110623280
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 1968
Community & HOA
Community
- Security: Smoke Detector, Security Guard
- Application fee: $150
- Subdivision: The Pavilion Condo
HOA
- Has HOA: Yes
- Amenities included: Barbecue, Bike Storage, Laundry, Elevator(s), Fitness Center, Exterior Lighting, Pool, Trash
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $753/sqft
- Tax assessed value: $575,240
- Annual tax amount: $3,264
- Date on market: 3/18/2024
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2024 | Sold | $700,000-3.4%$753/sqft |
Source:  MIAMI #A11543253 Report a problem | ||
| 6/28/2024 | Pending sale | $725,000$780/sqft |
Source: MIAMI #A11543253 Report a problem | ||
| 6/20/2024 | Listed for sale | $725,000$780/sqft |
Source: MIAMI #A11543253 Report a problem | ||
| 6/16/2024 | Contingent | $725,000$780/sqft |
Source: MIAMI #A11543253 Report a problem | ||
| 5/31/2024 | Listed for sale | $725,000$780/sqft |
Source: MIAMI #A11543253 Report a problem | ||
| 5/18/2024 | Contingent | $725,000$780/sqft |
Source: MIAMI #A11543253 Report a problem | ||
| 3/18/2024 | Listed for sale | $725,000+324.2%$780/sqft |
Source: MIAMI #A11543253 Report a problem | ||
| 7/1/1994 | Sold | $170,900$184/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,989 +78% | $360,853 +63.8% |
| 2024 | $3,365 +3.1% | $220,266 +3% |
| 2023 | $3,264 +4.4% | $213,851 +3% |
| 2022 | $3,126 +0.8% | $207,623 +3% |
| 2021 | $3,102 +1.4% | $201,576 +1.4% |
| 2020 | $3,059 +2.8% | $198,793 +2.3% |
| 2019 | $2,975 +5.7% | $194,324 +1.9% |
| 2018 | $2,814 | $190,701 +2.1% |
| 2017 | $2,814 +1.2% | $186,779 +2.1% |
| 2016 | $2,780 -0.7% | $182,938 +0.7% |
| 2015 | $2,799 -1.6% | $181,667 +0.8% |
| 2014 | $2,845 +3.4% | $180,226 +1.5% |
| 2013 | $2,750 | $177,563 +1.7% |
| 2012 | $2,750 +2.9% | $174,595 +3% |
| 2011 | $2,674 -4.1% | $169,510 +1.5% |
| 2010 | $2,788 +10.8% | $167,005 +2.7% |
| 2009 | $2,516 -6% | $162,615 +22.5% |
| 2007 | $2,678 -11.4% | $132,722 |
| 2006 | $3,020 | -- |
| 2005 | $3,020 +1.7% | -- |
| 2004 | $2,971 +3.9% | -- |
| 2003 | $2,859 +3.3% | -- |
| 2002 | $2,767 | -- |
| 2001 | $2,767 | -- |
Find assessor info on the county website
Neighborhood: Oceanfront
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Nearby schools
GreatSchools rating
- 10/10North Beach Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 1.8 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$665,500
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
$665,500
- Florida
- Miami-Dade County
- Miami Beach
- 33140
- Oceanfront
- 5601 Collins Ave Unit Penthouse 3
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