Atlantic Luxury Advisors
5225 Collins Ave #1509 photo 15225 Collins Ave #1509 photo 25225 Collins Ave #1509 photo 35225 Collins Ave #1509 photo 45225 Collins Ave #1509 photo 5

26 photos

5225 Collins Ave #1509

Miami Beach, FL 33140

$699,000
2
2
960 sq ft
1962
1 car
Condominium
$2,595/mo
Yes
9
Active

Listing courtesy of Douglas Elliman (David Nguah). Contact: [email protected].

About this home

Oceanfront condo hotel on Miami Beach's iconic Collins Avenue. This fully furnished 2-bedroom, 2-bathroom residence on the 15th floor offers 960 SF of living space with stunning ocean and Intracoastal views. Located in a completely remodeled building with direct beach access and no rental restrictions. Ideal for investors or owner-occupants — rent through the hotel program, use an operator, list on Airbnb, or live in it full-time. The flexibility is yours. Maintenance fees include electricity, cable, A/C, Wi-Fi, and hot water. One assigned garage parking space included. Building amenities include two outdoor pools with tiki bar, beach service, spa, gym, full-service restaurant, cafe-bakery, bar, salon, mini market, maid service, valet parking, and event/wedding facilities. An exceptional opportunity in one of Miami Beach's most sought-after oceanfront locations. Must see.

What it costs to own
Estimated monthly payment
$7,577/mo
Principal and interest
$3,535
Property tax
$1,014
Homeowners insurance
$433
HOA
$2,595

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
$12,165/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
$2,595/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.