Atlantic Luxury Advisors
5005 Collins Ave #504 photo 15005 Collins Ave #504 photo 25005 Collins Ave #504 photo 35005 Collins Ave #504 photo 45005 Collins Ave #504 photo 5

33 photos

5005 Collins Ave #504

Miami Beach, FL 33140

$398,000
1
1
942 sq ft
1964
1 car
Condominium
$1,467/mo
Yes
127
Active

Listing courtesy of EXP Realty LLC (Barbara Winbarg). Contact: [email protected].

About this home

OPPORTUNITY TO OWN WITH SPECTACULAR OCEANFRONT LARGE 1 BEDROOM & 1 BATHROOM, 942 SF, WITH ASHTONISHING WATER VIEWS. Building is in good standing with the city, HOA its only $1.4 per SF. There is absolutely no Special Assessments. Enjoy intracoastal views from every room in this bright and spacious residence. Features include a generous living area and a large primary bedroom with walk-in closet. Updated kitchen and bathroom. The building offers direct beach access, Olympic-size pool, gym, and jacuzzi. Ideally located on Millionaire’s Row in a completely renovated building. The apartment is very well kept, filled with natural light, and designed for relaxed coastal living. Schedule your showing today!

What it costs to own
Estimated monthly payment
$4,280/mo
Principal and interest
$2,013
Property tax
$550
Homeowners insurance
$250
HOA
$1,467

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
$6,600/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
$1,467/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.