$500,000

5225 Collins Ave #1114, Miami Beach, FL 33140

Bedrooms
2
Baths
2
Living area
960 ft²
Price per ft²
$521 / ft²
Type
Condo
Year built
1962
HOA
$1,807 / mo HOA
On market
2 days on market
MLS #
A12093921

Repriced to sell!!! Live in Paradise. The Alexander Hotel in nestled in the heart of Miami Beach. This beautiful 2Bed/2Bath with balcony offers a bright and spaciopus floor plan with view of the Ocean and Intercostal. The unit features ceramic tiles throughout, stainless steal appliances, and open kitchen and much more. Great opportunity to creat income on your apartment through the hotel program when you are not in town. The Alexander Hotel offers an array of services such as Cleaning, Valet, on-site restaurants, cafe, shabbos elevator, concierge, pool & beach service, 2 pools, and much much more. Just minutes from shopping & entertainment. See attachement for additional info. Monthly Maintenance $1,807.74 SM EXPIRES 4/2032 $670.23 M S2 EXPRIRES 1/2036 $116.26

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 $521. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 14% below the median.
  • Position in the area’s price distributionThe asking price is $500,000; the median of recorded sales in the area is $585,000 (2,214 sales). On raw price that is 15% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,807 per month comes to $21,684 a year — 4.3% 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%$150,000
Term

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

Estimated monthly payment$2,317
Loan amount
$350,000
Total interest over the term
$484,054
Total repaid
$834,054

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

Real Estate Direct of S. Fla

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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