$575,000

5401 Collins Ave #340, Miami Beach, FL 33140

Bedrooms
2
Baths
2
Living area
1,230 ft²
Price per ft²
$467 / ft²
Type
Condo
Year built
1967
HOA
$1,865 / mo HOA
On market
245 days on market
MLS #
A11949111

Oceanfront elegance on prestigious Millionaire’s Row! Welcome to this stunning 2-bedroom, 2-bath townhouse-style residence perched on the top floor of the iconic Carriage House at 5401 Collins Ave. This residence offers true Miami Beach resort-style living with direct private beach access and entry to the newly completed, lighted oceanfront boardwalk—perfect for walking, jogging, biking, or rollerblading. The unit features a private balcony with breathtaking ocean, pool, garden, and beach views, floor-to-ceiling windows in the primary bedroom, custom built-out closets, in-unit washer/dryer, and an open layout. The Carriage House is a full-service oceanfront building offering exceptional amenities, including a heated Olympic-size pool, jacuzzi, ocean-view gym, sauna, tennis, basketball and racquetball courts, picnic areas, assigned covered parking, and 24-hour security/front desk. On-site conveniences include a restaurant, mini-market, beauty and nail salon, tailor/dry cleaning services. Jewish-friendly features, including an on-site synagogue and Shabbat elevator, adding unmatched convenience for residents seeking these amenities. Building has completed its full recertification and major upgrades. Maintenance includes water, basic cable, internet, and access to all resort-style amenities. Ideally located minutes from South Beach, Bal Harbour, worldclass dining, shopping, and nightlife, this is the perfect place to call home or enjoy as a luxury beachfront escape.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $467. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 23% below the median.
  • Position in the area’s price distributionThe asking price is $575,000; the median of recorded sales in the area is $585,000 (2,214 sales). On raw price that is close to the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,865 per month comes to $22,380 a year — 3.9% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$172,500
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$2,664
Loan amount
$402,500
Total interest over the term
$556,663
Total repaid
$959,163

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Edwin Vega Realty LLC

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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