Atlantic Luxury Advisors
5161 Collins Ave #1101 photo 15161 Collins Ave #1101 photo 25161 Collins Ave #1101 photo 35161 Collins Ave #1101 photo 45161 Collins Ave #1101 photo 5

31 photos

5161 Collins Ave #1101

Miami Beach, FL 33140

$800,000
2
2
1,040 sq ft
1966
1 car
Condominium
$1,067/mo
Yes
Yes
2
Active

Listing courtesy of My Realty Group, LLC. (Fernando Ostolaza). 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

What it costs to own
Estimated monthly payment
$6,781/mo
Principal and interest
$4,045
Property tax
$1,169
Homeowners insurance
$500
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
$14,033/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.

HOA
$1,067/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

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.

Location

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. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.