Atlantic Luxury Advisors
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31 photos

5401 Collins Ave #514

Miami Beach, FL 33140

$549,770
2
2
980 sq ft
1967
1 car
Condominium
$1,330/mo
Yes
388
Active

Listing courtesy of Beachfront Realty Inc (Marilina Apfelbaum). Contact: [email protected].

About this home

Rare opportunity to own a direct oceanfront 2BD/2BA in a full-service luxury building on Millionaire’s Row. This spacious, remodeled unit features an open kitchen, updated baths, ceramic floors, with ocean views, and new central A/C. The building offers resort-style amenities: Olympic-size heated pool, oceanview gym, sauna, hot tub, valet, 24-hr security, doorman, synagogue, restaurant, mini-market, salon, marina, racquetball court & 2 lighted tennis courts. Recent capital improvements include full concrete restoration, impact windows/doors, and completed 40-year recertification. Prime location—just minutes to South Beach, Bal Harbour, top dining, shopping, cultural venues & Miami Airport.

What it costs to own
Estimated monthly payment
$5,236/mo
Principal and interest
$2,780
Property tax
$784
Homeowners insurance
$342
HOA
$1,330

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
$9,406/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
$1,330/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.