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5601 Collins Ave #520
Miami Beach, FL 33140
Listing courtesy of AWA Realty LLC. Contact: [email protected].
Spectacular fully renovated and beautifully furnished residence, first row on the ocean with direct beach access, breathtaking unobstructed Intracoastal views, and the rare advantage of short-term rental flexibility in one of Miami Beach's most desirable waterfront locations. This designer-inspired unit has been completely remodeled from top to bottom with impeccable attention to detail. Features include a stunning modern kitchen, fully renovated bathrooms, upgraded flooring throughout, elegant lighting, custom window treatments with blackout shades, and tasteful high-end furnishings carefully selected to create a sophisticated yet comfortable living environment. The bright and open layout is filled with natural light and showcases magnificent water views from the moment you enter. Whether you're looking for a primary residence, a vacation getaway, or an income-producing investment, this exceptional property offers the best of both worlds. Enjoy your own private Miami Beach retreat while taking advantage of the building's short-term rental policy and excellent income potential. The Pavilion has completed major building improvements, including new elevators, renovated hallways, updated common areas, and significant structural enhancements. Maintenance includes cable, high-speed internet, and water. For showings and additional information, please see Broker Remarks.
- Principal and interest
- $3,519
- Property tax
- $1,009
- Homeowners insurance
- $433
- HOA
- $1,651
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.
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.
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.
Pavilion, A Condo, The was built in 1968, 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.
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.