$475,000

5701 Collins Ave #307, Miami Beach, FL 33140

Bedrooms
1
Baths
2
Living area
824 ft²
Price per ft²
$576 / ft²
Type
Condo
Year built
1969
HOA
$1,385 / mo HOA
On market
32 days on market
MLS #
A12079458

Welcome to your Miami Beach oasis at Arlen Beach located directly on the sand, where relaxation meets style in the heart of Mid Beach. This beautifully renovated 1 bed, 2 bath condo combines the vibrant energy of Miami with the laid-back charm of chic decor. Unit boasts offer ample closet space, 2 full bathrooms, hurricane impact windows, and one assigned parking space. Rent includes water, AC, pest control, Wi-Fi and cable. Renovated building amenities include: Heated Pool, Sauna, Beach Service, On site Full Service Restaurant and Beauty Salon, Gym, Theater, Billiards Room and Library. BUILDING HAS PASSED 50-YEAR RECERTIFICATION. Tenant Occupied until January 2027.

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 $576. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 5% below the median.
  • Position in the area’s price distributionThe asking price is $475,000; the median of recorded sales in the area is $590,000 (2,277 sales). On raw price that is 19% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,385 per month comes to $16,620 a year — 3.5% 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%$142,500
Term

7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.

Estimated monthly payment$2,219
Loan amount
$332,500
Total interest over the term
$466,280
Total repaid
$798,780

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

Douglas Elliman

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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