Atlantic Luxury AdvisorsKeller Williams Realty Services

31 photos

5161 Collins Ave #1101

Miami Beach, FL 33140

$785,000
2
2
1,040 sq ft
1966
1 car
Condominium
$1,067/mo
Yes
Yes
65
Active

Listing courtesy of My Realty Group, LLC.. Contact: [email protected].

About this home

Exceptional investment opportunity on Miami Beach’s prestigious Millionaire’s Row. This renovated 2-bedroom, 2-bathroom oceanfront residence at the iconic Seacoast offers breathtaking views from both bedrooms and the spacious living area. The thoughtfully designed layout features an expansive primary suite with walk-in closet and an open-concept living space ideal for entertaining or enjoying stunning ocean and city views. Designed by renowned architect Morris Lapidus, Seacoast offers a resort-style lifestyle with an impressive array of amenities, including direct beach access with complimentary chairs and umbrellas, a scenic beachfront boardwalk, poolside tiki bar, hot tub, fitness center, convenience store, hair salon, library, ballroom, and valet service. A brand-new pool and deck are currently under construction, further enhancing the property’s appeal. The residence includes one assigned garage parking space, with maintenance covering A/C, hot water, cable, internet, security, and beach service. The building’s 40- and 50-year recertifications have been completed. Offered fully furnished with high-end furniture or unfurnished, providing flexibility for end-users and investors. With 30-day rentals permitted, this property attracts opportunity for investors seeking a Miami Beach asset with strong lifestyle appeal, rental flexibility, and long-term potential. A rare opportunity to own a renovated oceanfront residence in one of Miami Beach’s most recognized buildings

Virtual tour
What it costs to own
Estimated monthly payment
$6,674/mo
Principal and interest
$3,969
Property tax
$1,146
Homeowners insurance
$492
HOA
$1,067

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.

Florida cost of ownership
Estimated property tax
$13,755/yr

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.

HOA
$1,067/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

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.

Florida condo safety laws

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.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

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.