Atlantic Luxury AdvisorsKeller Williams Realty Services

36 photos

5600 Collins Ave #D

Miami Beach, FL 33140

$2,650,000
2
2
2,100 sq ft
1967
2 car
Condominium
$2,726/mo
Yes
0
Active

Listing courtesy of One Sotheby's International Realty. Contact: [email protected].

About this home

Experience elevated Miami Beach living in this beautifully renovated 2-bedroom, 2-bath penthouse offering 3,300 SF of indoor-outdoor living, including an expansive 1,200 SF private terrace with panoramic views of La Gorce Golf Course, the Intracoastal Waterway, and the Miami skyline. Designed for effortless entertaining, the landscaped terrace features multiple lounge and dining areas, while four sets of French doors seamlessly connect the outdoor space to the open-concept interiors. The residence showcases a custom solid oak kitchen with Miele appliances, spacious living and dining areas, and a luxurious primary bath with freestanding soaking tub. Additional highlights include a private waterfront cabana with full bath, two covered parking spaces, private storage, and in-unit laundry. Enjoy direct elevator access to the marina with boat slips accommodating vessels up to 50 feet, fitness center, and waterfront restaurant. Building's 40-year renovation completed in 2025, with all assessments paid.

Virtual tour
What it costs to own
Estimated monthly payment
$21,804/mo
Principal and interest
$13,400
Property tax
$4,020
Homeowners insurance
$1,658
HOA
$2,726

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
$48,238/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
$2,726/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

5600, A Condo was built in 1967, 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.