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Sold for $485,000
  • $485,000

    5701 Collins Ave APT 503, Miami Beach, FL 33140

    1beds
    824sqft
    Condominium
    Built in 1969
    -- sqft lot
    $475,100 Zestimate®
    $589/sqft
    $3,513 Estimated rent

    Home value

    $475,100

    $413,000 - $546,000

    $3,513/mo

    Zestimate® history
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    $3,513/mo

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    What's special

    Welcome to Miami Beach! This beautifully renovated unit at Arlen Beach is located in the prestigious Millionaire's Row. 1-bedroom, 2-bathroom apartment offers 824 SQFT of modern elegance, featuring sleek porcelain floors and an expansive balcony with breathtaking views of the intercoastal. Inside, the open layout and high-end finishes create a space perfect for relaxing or entertaining. The master suite is spacious and complemented by a large spa-like bathroom. Residents of this building enjoy access to great amenities, including a pool, fitness center, game room, clubhouse, media room, theater, an on-site restaurant, and even a hair salon! Includes 1 assigned parking space. Don’t miss out on this incredible opportunity to live at Arlen Beach! PROPERTY IS ALSO FOR RENT.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonah Ravelo 305-298-5706,

    One Sotheby's International Realty,

    Jonathan Vega 786-417-5918,

    One Sotheby's International Realty

    Bought with:

    Maria Diaz Mendizabal, 3065456

    Fortune Christie's International Real Estate

    Source: MIAMI,MLS#: A11774687MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Family Room
    Heating
    • Other
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Other, Electric Range, Refrigerator, Self Cleaning Oven
    • Laundry: Common Area
    Features
    • Bar, Built-in Features, Kitchen Island, Entrance Foyer, Other
    • Flooring: Ceramic Tile
    • Doors: High Impact Doors
    • Windows: Clear Impact Glass, Complete Impact Glass, High Impact Windows
    Interior area
    • Total structure area: 824
    • Total interior livable area: 824 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Space, Guest, Parking-Under Building, Valet, Limited # Of Vehicle
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: Accessible
    Features
    • Entry location: First Floor Entry,Foyer
    • Exterior features: Balcony
    • Pool features: Association
    • Has view: Yes
    • View description: Intracoastal View, Ocean, Water
    • Has water view: Yes
    • Water view: Intracoastal View,Ocean,Water
    • Waterfront features: Intracoastal Front, Ocean Front
    Lot
    • Features: East Of Us1
    Details
    • Parcel number: 0232110280370
    • Other equipment: Other

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete Block Construction, CBS Construction
    Condition
    • Year built: 1969

    Community & HOA

    Community
    • Security: Smoke Detector, Doorman, Elevator Secure, Card Entry
    • Application fee: $150
    • Pet fee: $0
    • Subdivision: Arlen Beach Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Bar, Bike/Jog Path, Business Center, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Fitness Center, Pool, Hobby Room, Library, Trash
    • HOA fee: $1,454 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $589/sqft
    • Tax assessed value: $300,420
    • Annual tax amount: $5,645
    • Date on market: 4/7/2025
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    8/7/2026Listing removed$3,550$4/sqft
    Source: MIAMI #A12023399 Report a problem
    7/8/2026Price change$3,550-11%$4/sqft
    Source: MIAMI Report a problem
    5/22/2026Listed for rent$3,990+10.8%$5/sqft
    Source: MIAMI #A12023399 Report a problem
    9/29/2025Listing removed$3,600$4/sqft
    Source: MIAMI #A11810314 Report a problem
    9/25/2025Sold$485,000-2.8%$589/sqft
    Source: MIAMI #A11774687 Report a problem
    9/19/2025Pending sale$499,000$606/sqft
    Source: MIAMI #A11774687 Report a problem
    8/4/2025Listed for rent$3,600$4/sqft
    Source: MIAMI #A11810314 Report a problem
    7/7/2025Listing removed$3,600$4/sqft
    Source: MIAMI #A11810314 Report a problem
    5/27/2025Listed for rent$3,600+2.9%$4/sqft
    Source: MIAMI #A11810314 Report a problem
    5/23/2025Price change$499,000-9.1%$606/sqft
    Source: MIAMI #A11774687 Report a problem
    4/7/2025Listed for sale$549,000+86.1%$666/sqft
    Source: MIAMI #A11774687 Report a problem
    10/9/2024Listing removed$3,500$4/sqft
    Source: MIAMI #A11672456 Report a problem
    10/7/2024Listed for rent$3,500-2.8%$4/sqft
    Source: MIAMI #A11672456 Report a problem
    9/29/2024Listing removed$3,600$4/sqft
    Source: MIAMI #A11653486 Report a problem
    9/25/2024Price change$3,600-5.3%$4/sqft
    Source: MIAMI #A11653486 Report a problem
    9/5/2024Listed for rent$3,800$5/sqft
    Source: MIAMI #A11653486 Report a problem
    7/22/2021Sold$295,000$358/sqft
    Source: Public Record Report a problem
    5/17/2021Sold$295,000-1%$358/sqft
    Source: MIAMI #A10511283 Report a problem
    11/26/2020Price change$298,000-3.6%$362/sqft
    Source: MIAMI #A10511283 Report a problem
    10/14/2020Price change$309,000-3.1%$375/sqft
    Source: Optimar International Realty #A10511283 Report a problem
    3/10/2020Price change$319,000-2.7%$387/sqft
    Source: Optimar International Realty #A10511283 Report a problem
    2/15/2020Price change$328,000+0.9%$398/sqft
    Source: Optimar International Realty #A10511283 Report a problem
    2/8/2020Price change$325,000-4.1%$394/sqft
    Source: Optimar International Realty #A10511283 Report a problem
    11/24/2019Price change$338,9000%$411/sqft
    Source: Optimar International Realty #A10511283 Report a problem
    9/24/2019Price change$339,000-2.9%$411/sqft
    Source: Optimar International Realty #A10511283 Report a problem
    8/20/2019Price change$349,000-5.4%$424/sqft
    Source: Optimar International Realty #A10511283 Report a problem
    6/20/2019Price change$369,000-2.6%$448/sqft
    Source: Optimar International Realty #A10511283 Report a problem
    4/17/2019Listed for sale$379,000$460/sqft
    Source: Optimar International Realty #A10511283 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,636 -0.2%$300,420
    2024$5,645 +5.1%$300,420 +9.1%
    2023$5,372 +14.2%$275,383 +10%
    2022$4,704 +8%$250,349 +11%
    2021$4,355 -9.7%$225,540 -5.1%
    2020$4,820 +15.2%$237,600 +10%
    2019$4,186 -6.3%$216,000 -8.6%
    2018$4,467 $236,211 +10%
    2017$4,467 +4.7%$214,738 +10%
    2016$4,268 +9.7%$195,217 +10%
    2015$3,891 +7.9%$177,470 +10%
    2014$3,605 +20.1%$161,337 +10%
    2013$3,002 $146,670
    2012$3,002 +136.2%$146,670 +44.2%
    2011$1,271 -3.3%$101,742 +1.5%
    2010$1,315 +11.5%$100,239 +2.7%
    2009$1,179 -16.1%$97,604 +40.1%
    2007$1,406 -10.5%$69,667
    2006$1,570 --
    2005$1,570 +2.3%--
    2004$1,536 +4.8%--
    2003$1,465 +4.3%--
    2002$1,404 --
    2001$1,404 --
    Find assessor info on the county website

    Neighborhood: Oceanfront

    Nearby schools

    GreatSchools rating
    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.

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    Estimated market value
    $475,100
    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
    $475,100