$409,000

5701 Collins Ave #1007, Miami Beach, FL 33140

Bedrooms
1
Baths
2
Living area
824 ft²
Price per ft²
$496 / ft²
Type
Condo
Year built
1969
HOA
$1,385 / mo HOA
On market
2 days on market
MLS #
A12093613

A must-see, priced to sell! Welcome to this spacious and bright 1-bedroom residence with 2 full bathrooms at Arlen Beach Condo, in the heart of Miami Beach's famous Millionaires' Row. Enjoy lovely views of Collins Avenue and the Intracoastal Waterway, with interiors that offer an inviting canvas for modern updates and your personal style. The sale includes one assigned parking space and one small assigned storage cage. This full-service oceanfront building offers a movie theater, fitness center, 24/7 front desk and valet service, heated pool, beach and pool service, library, on-site restaurant and beauty salon, party/community room, billiards, BBQ area, and sauna; a kids playroom is currently under construction. Included utilities and services: water, sewer, cable, internet/Wi-Fi, and pest control. The building's beautiful and stylish common areas were renovated several years ago. This well-managed community has passed its 50-year recertification and has a strong history of financial management and property maintenance. This is a wonderful opportunity to enjoy beachfront living and make a home your own. Come enjoy sunny beach days, relaxing evenings on the open balcony, and the welcoming lifestyle of this oceanfront community!

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 $496. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 18% below the median.
  • Position in the area’s price distributionThe asking price is $409,000; the median of recorded sales in the area is $590,000 (2,277 sales). On raw price that is 31% 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 — 4.1% 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%$122,700
Term

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

Estimated monthly payment$1,911
Loan amount
$286,300
Total interest over the term
$401,492
Total repaid
$687,792

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

The Keyes Company

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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