$225,000

5700 Collins Ave #CU-1, Miami Beach, FL 33140

Type
Condo
Year built
1968
HOA
$447 / mo HOA
On market
225 days on market
MLS #
A11962723

Excellent opportunity to own a versatile commercial unit in a prime Miami Beach location. Unit CU-1 at 5700 Collins Ave offers outstanding visibility and flexibility, ideal for a wide range of business uses. The commercial unit may be used for any general commercial purpose, including, without limitation, restaurant, retail space, general office use, real estate office, or other permitted uses. All utility services are included in the HOA, providing predictable operating expenses. Located in a high-traffic area along Collins Avenue, surrounded by residential buildings, hotels, and strong foot traffic, perfect for owner-users or investors seeking long-term value. Private Entrance.

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.

  • Position in the area’s price distributionThe asking price is $225,000; the median of recorded sales in the area is $585,000 (2,214 sales). On raw price that is 62% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $447 per month comes to $5,364 a year — 2.4% 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%$67,500
Term

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

Estimated monthly payment$1,043
Loan amount
$157,500
Total interest over the term
$217,824
Total repaid
$375,324

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

Luxe Properties

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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