Atlantic Luxury Advisors
5601 Collins Ave #423 photo 15601 Collins Ave #423 photo 25601 Collins Ave #423 photo 35601 Collins Ave #423 photo 45601 Collins Ave #423 photo 5

32 photos

5601 Collins Ave #423

Miami Beach, FL 33140

$450,000
1
1.5
930 sq ft
1968
1 car
Condominium
$1,118/mo
Yes
132
Active

Listing courtesy of Brier Real Estate Group (Adriana Brier). Contact: [email protected].

About this home

DON'T MISS this excellent investment opportunity on Millionaire's Row! Completely remodeled with 1 bedroom and 2 converted dens, turn-key furnished and ready for short term rentals right away! New hurricane windows and doors already in place. Spacious balcony with intracoastal views. Amenities include valet parking, large heated pool, gym, picnic & BBQ area right on the beach! Association fee includes cable, internet and air conditioning.

What it costs to own
Estimated monthly payment
$4,306/mo
Principal and interest
$2,275
Property tax
$630
Homeowners insurance
$283
HOA
$1,118

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
$7,562/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
$1,118/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.