Atlantic Luxury Advisors
5600 Collins Ave #5B photo 15600 Collins Ave #5B photo 25600 Collins Ave #5B photo 35600 Collins Ave #5B photo 45600 Collins Ave #5B photo 5

14 photos

5600 Collins Ave #5B

Miami Beach, FL 33140

$498,000
2
2
1,190 sq ft
1967
1 car
Condominium
$1,455/mo
Yes
2
Active

Listing courtesy of Insignia International Properties (Michael Rasch). Contact: [email protected].

About this home

Spacious 2-bedroom, 2-bathroom residence at 5600 Collins Ave #5B, offering 1,190 sq. ft. on Miami Beach’s prestigious Millionaire’s Row. This well designed layout features elegant wood floors, a modern kitchen with updated appliances, and an in unit washer and dryer. Impact windows in the bedrooms and a large private balcony offer comfort, peace of mind, and effortless indoor outdoor living. 5600 Collins is a full service waterfront building featuring marina access, a heated pool, fitness center, spa, on site restaurant, and a recently renovated lobby. The comprehensive maintenance fee includes cable, high-speed internet, water, and air conditioning. Offering exceptional versatility, the pet friendly building features a flexible rental policy allowing 30 day minimum stays, seasonal leases, or annual rentals. Whether you are seeking a primary residence, a seasonal getaway, or a high performing investment property, this turnkey condo delivers. Prime location directly across from the beach with seamless access to the oceanfront boardwalk.

What it costs to own
Estimated monthly payment
$4,985/mo
Principal and interest
$2,518
Property tax
$704
Homeowners insurance
$308
HOA
$1,455

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
$8,449/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
$1,455/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.