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5161 Collins Ave #1508
Miami Beach, FL 33140
Listing courtesy of IBuy SFL. Contact: [email protected].
Stunning 2-bedroom, 2-bathroom condo in Miami Beach offering breathtaking views day and night from both bedrooms and the living area. This fully renovated unit features a spacious primary suite with a walk-in closet and a generous, open living space perfect for relaxing or entertaining. Located in the iconic Seacoast on Millionaire’s Row, designed by renowned architect Morris Lapidus, residents enjoy resort-style amenities including an on-site convenience store, fitness center, hair salon, library, ballroom, poolside tiki bar, hot tub, and direct beach access with complimentary chairs and umbrellas, along with a scenic boardwalk. A brand-new pool and deck area is currently under construction and expected to be completed this summer. Valet available along with 1 assigned parking space in the garage. Maintenance includes A/C, hot water, cable, internet, security, and beach service. 40- and 50-year recertifications completed. Offered furnished with very high-end furniture or unfurnished, this is an outstanding opportunity to own a move-in ready oceanfront condo in one of Miami Beach’s most recognized buildings with 30-day rentals allowed.
- Principal and interest
- $5,562
- Property tax
- $1,632
- Homeowners insurance
- $692
- HOA
- $1,069
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
This building was built in 1966, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.