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© 2026 Miami Association of REALTORS®. IDX information provided exclusively for personal, non-commercial use. Listing data last updated every 30 minutes.

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+20

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

Mortgage Calculator

Estimate your monthly payment for this waterfront property

Loan Term

Down Payment

20%

$86,000 down

Interest Rate

%

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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Estimated payments only. Actual rates and terms may vary.

Comparable Sales

$430,000Tour the dockSchedule a Showing

$1,467

HOA / Monthly

0

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, while 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—contact Jason Turner for additional information or to schedule your private showing.

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See the property and tour the dock. A licensed waterfront specialist will arrange your private showing.

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Location

Miami Beach, FL, 33140

No price history available for this property.

Listing courtesy of Coldwell Banker Realty

Last updated: 6/24/2026

© 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 →

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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

Tree of Knowledge Learning Academy1.4 mi

School data from Miami-Dade County Open Data Hub. Verify attendance zones with the school district.