$550,000

5700 Collins Ave #11B, Miami Beach, FL 33140

Bedrooms
2
Baths
2
Living area
1,030 ft²
Price per ft²
$534 / ft²
Type
Condo
Year built
1968
HOA
$1,626 / mo HOA
On market
6 days on market
MLS #
A12089903

Own a slice of Heaven on Miami Beach! Upon entering this renovated condo, you’re greeted by stunning ocean views! This modern split-bedroom unit comes fully furnished, featuring 24x24 white porcelain tile floors, a professionally designed interior with accent walls in the living room and bedrooms, and complemented by stylish white Italian furniture. The spacious primary bedroom boasts walk-in closet, dressing room, and extra storage, while the second bedroom enjoys the morning sun, creating a relaxing beach vibe. All rooms are fitted with solar shades and blackout blinds. The kitchen features a new GE refrigerator and dishwasher, as well as an extra storage pantry. The building offers resort-style amenities, including a renovated pool deck with new Cabanas, BBQ grills, a Gym, a Yoga Studio, a Media/kids' room, and a kids' outdoor play area. Enjoy 24/7 security, front desk, valet parking, and Beach access! 40 and 50-year certifications are complete, 60th starts in 2028. Partial reserves study complete. Cabanas are complete, and there will be 4 available for sale.

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 $534. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 12% below the median.
  • Position in the area’s price distributionThe asking price is $550,000; the median of recorded sales in the area is $586,000 (2,218 sales). On raw price that is 6% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,626 per month comes to $19,512 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%$165,000
Term

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

Estimated monthly payment$2,548
Loan amount
$385,000
Total interest over the term
$532,460
Total repaid
$917,460

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

Property Rocks 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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