Atlantic Luxury AdvisorsKeller Williams Realty Services

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5055 Collins Ave #5M

Miami Beach, FL 33140

$675,000
2
3
1,660 sq ft
1961
2 car
Condominium
$1,859/mo
Yes
169
Active

Listing courtesy of Compass Florida, LLC. Contact: [email protected].

About this home

This desirable M-line residence at the iconic Crystal House offers one of the largest two-bedroom floor plans in the building. Featuring 2 bedrooms and 3 full bathrooms, the layout provides the space and functionality typically found in larger three-bedroom residences. Floor-to-ceiling windows showcase expansive views of the Intracoastal Waterway and Miami skyline. The open living and dining areas flow together, with an adjacent eat-in kitchen. The primary suite includes a spacious dressing area, and the residence offers abundant storage throughout. Located on prestigious Collins Avenue, this beachfront address combines comfort, scale, and prime positioning. Amenities include valet, fitness center, sauna, concierge services, pickleball courts, pool, and direct beach access. Competitively priced relative to recent sales, this residence presents a compelling opportunity to own a generously sized two-bedroom in one of Miami Beach’s most established oceanfront buildings.

What it costs to own
Estimated monthly payment
$6,674/mo
Principal and interest
$3,413
Property tax
$977
Homeowners insurance
$425
HOA
$1,859

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
$11,722/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.

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.

HOA
$1,859/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

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.

Florida condo safety laws

Crystal House was built in 1961, 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.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

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.