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5005 Collins Ave PH02
Miami Beach, FL, 33140
Active$430,000
5005 Collins Ave PH02
Miami Beach, FL, 33140
Active$430,000
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: yesterday
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.
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Nearby Schools
Assigned Public Schools
E
North Beach Elementary
Grades PK-5 · Miami Beach
M
Nautilus MS
Grades 6-8 · Miami Beach
H
Miami Beach Senior High
Grades 9-12 · Miami Beach
Nearby Private Schools
The Montessori Academy at St. John's0.4 mi
Casa DEI Bambini Montessori School1.0 mi
Temple Beth Sholom Innovative School1.0 mi
St Patrick Catholic School1.3 mi
Talmudic University - Mechina High School1.4 mi
School data from Miami-Dade County Open Data Hub. Verify attendance zones with the school district.
Mortgage Calculator
Estimate your monthly payment for this waterfront property
20%
$86,000 down
%
Principal & Interest$2,231/mo
Property Tax (est. ~1.2%, varies by county)$430/mo
Home Insurance (est.)$250/mo
HOA Fees$1,467/mo
Total Monthly Payment$4,378
Loan Amount: $344,000Rate: 6.75%
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