$545,000

5601 Collins Ave 720, Miami Beach, FL 33140

2 beds |
2 baths |
1,290 sqft

Condominium
Built in 1968
—— sqft lot
1 car garage
$422/sqft
Listed 5 days ago

Property Description

BEST PRICED IN BUILDING – Short-Term Rentals Allowed! Discover an exceptional oceanfront opportunity in Miami Beach where investment potential meets beachfront luxury. This beautifully maintained split-floor plan residence sits first row on the ocean with direct beach access and stunning bay views, offering the rare advantage of short-term rental flexibility in one of Miami Beach's most desirable locations. Enjoy complimentary beach chairs provided by this meticulously kept building while generating impressive rental income or creating your personalized coastal retreat. With generous closet space throughout and well-preserved original finishes, this unit presents the perfect canvas to customize to your exact vision and style. Whether you're an investor seeking maximum returns or a discerning buyer looking for beachfront value, this is your chance to own a piece of paradise at an unbeatable price in a prime oceanfront building. Maintenance includes cable, high-speed internet, and water. All building structural updates are complete, including brand new elevators, roof, hallways & more. No construction impact.

Listing Status:: Active
Date Added:: February 4, 2026
Data Last Updated:: February 9, 2026 at 3:06PM
Listing Office:: Miami Beach Real Estate Group : 305-787-4798
Listing Agent:: Manuela Nieto : 786-498-4988
MLS ID:: A11959066

General: First Floor Entry
Appliances: DishwasherMicrowaveRefrigerator
Laundry: Common Area
Flooring: Ceramic Floor
A/C: Central Air
Heating: Other
Disability Feature: Accessible Elevator Installed

General: Open Balcony
Style: Stilt
Parking: 1 Space

Windows: Clear Impact GlassBlinds
General: CBS Construction

HOA Amenities: BarbecueLaundryCommunity RoomElevator(s)Exercise RoomPoolPrivate Beach PavilionTrash Chute1578.0Monthly
Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: THE PAVILION CONDO UNIT 720 UNDIV 0.0034045 % INT IN COMMON ELEMENTS OFF REC 16366-0389 OR 16383-2843 0594 102-32-11-062-2510
View: Bay

Source: Miami Association of REALTORS®

Presented by RE/MAX Excellence

This listing courtesy of Manuela Nieto , Miami Beach Real Estate Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

North Beach Elementary School

4100 Prairie Ave, Miami Beach, FL, 33140

Grades PK-5

1.71 miles away

Nautilus Middle School

4301 N Michigan Ave, Miami Beach, FL, 33140

Grades 6-8

1.76 miles away

Miami Beach Senior High School

2231 Prairie Ave, Miami Beach, FL, 33139

Grades 9-12

2.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.