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5005 Collins Ave PH02

Miami Beach, FL, 33140

Active

$408,000

1

Bedrooms

2

Bathrooms

1,046 sqft

Living Area

1964

Year Built

$1,467

HOA / Monthly

48

Days on Market

Dock & Water AccessMLS

Canal Width 121 Feet Or MoreOcean Front

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

Discover a rare penthouse opportunity on iconic Millionaire's Row, where sweeping Intracoastal waters and the Miami skyline create an extraordinary backdrop to everyday living. Impeccably maintained and move-in ready, this spacious 1-bedroom, 2-full-bath residence offers the comfort and flexibility today's buyers seek, complemented by abundant natural light and impressive sunset views from the privacy of the top floor. The thoughtfully designed layout provides generous living and entertaining spaces, along with a dedicated office area and den enclosed by a glass partition, offering additional flexibility for work, guests, or everyday living. The pristine condition allows for immediate enjoyment. Residents enjoy resort-style amenities including 24-hour concierge, heated pool, beach service, fitness center, jacuzzi, library, BBQ area, valet, and direct beach access via the oceanfront boardwalk. The building has completed significant capital improvements, including impact windows and doors, and has successfully passed its 50-year certification. Ideally positioned moments from Fontainebleau, Soho Beach House, the Faena District, world-class dining, and the very best of Miami Beach living. The residence is currently leased through September 30, 2026, offering flexibility for buyers planning a future move or an effortless transition for those wishing to continue generating rental income, as the current tenant has expressed interest in extending their stay. Penthouse residences in this sought-after building rarely become available.

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Location

Miami Beach, FL, 33140

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of Coldwell Banker Realty via MIAMI REALTORS®

Last checked: 5 hours ago

Listing updated: August 10, 2026

© 2026 Miami Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Miami Association of REALTORS®. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone AE
BFE: 8ft

Special Flood Hazard Area

View FEMA Flood Map →

Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$81,600 down

%
Principal & Interest$2,117/mo
Property Tax (est. ~1.2%, varies by county)$408/mo
Home Insurance (est.)$250/mo
HOA Fees$1,467/mo
Total Monthly Payment$4,242
Loan Amount: $326,400Rate: 6.75%
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$408,000Tour the dockSchedule a Showing