Atlantic Luxury Advisors
5601 Collins Ave #1216 photo 15601 Collins Ave #1216 photo 25601 Collins Ave #1216 photo 35601 Collins Ave #1216 photo 45601 Collins Ave #1216 photo 5

30 photos

5601 Collins Ave #1216

Miami Beach, FL 33140

$798,000
2
2
1,290 sq ft
1968
Condominium
$1,640/mo
Yes
28
Active

Listing courtesy of Sime Realty Corporation (Belinda Sime). Contact: [email protected].

About this home

Perched high within the premier oceanfront enclave of 5601 Collins Avenue, Unit 1216 delivers a sprawling 1,290-square-foot sanctuary where coastal elegance meets functional design. This stunning two-bedroom residence is designed for effortless everyday living and entertaining, featuring a seamless open-concept layout that connects the generous living area to a dedicated formal dining room. Flooded with natural light, the spacious floor plan is thoughtfully optimized for organization, boasting an abundance of deep closets and integrated storage solutions throughout. Beyond the front door lies a resort-style lifestyle paired with unmatched flexibility. Residents and guests enjoy an array of full-service amenities, including 24/7 lobby concierge and security, valet parking, a state-of-the-art fitness center, a billiards room, and an on-site convenience market perfect for quick daily essentials. Stepping outside, direct beach access puts the sand and surf just steps away, complemented by a oceanfront pool deck complete with lounge chairs, barbecue facilities, and shaded picnic areas. Offering rare investment versatility, the building’s flexible rental policy allows for short-term and Airbnb hosting—making this high-floor coastal residence both an elevated sanctuary and a prime income-generating opportunity on Millionaire's Row.

What it costs to own
Estimated monthly payment
$7,341/mo
Principal and interest
$4,035
Property tax
$1,166
Homeowners insurance
$500
HOA
$1,640

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
$13,996/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
$1,640/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.