$399,000

5005 Collins Ave #C2, Miami Beach, FL 33140

Type
Condo
Year built
1964
HOA
$1,015 / mo HOA
On market
59 days on market
MLS #
A12059983

Rare oceanfront opportunity in Miami Beach for sale! Versatile Commercial Space with 455 SQFT, current use is Real Estate Office, but with approval can be retail, professional office, personal service, cafe, etc. Comes with 1-assigned parking space, additional available for rent through management. Also comes with a small kitchenette. Maintenance covers A/C bills/maintenance and all utilities except interior FPL electric ($45~/month). Space also comes with access to all building amenities. It is owner occupied, but sellers are flexible on closing time and it is EASY TO SHOW. Would consider SELLER FINANCING depending on the terms. Seller to pay assessment at closing.

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 $399,000; the median of recorded sales in the area is $585,000 (2,214 sales). On raw price that is 32% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,015 per month comes to $12,180 a year — 3.1% 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%$119,700
Term

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

Estimated monthly payment$1,849
Loan amount
$279,300
Total interest over the term
$386,275
Total repaid
$665,575

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

Avant International 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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