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$545,000
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Property Description
BEST PRICED IN BUILDING - Short-Term Rentals Allowed! Discover an exceptional oceanfront opportunity in Miami Beach where investment potential meets beachfront luxury. This beautifully maintained split-floor plan residence sits first row on the ocean with direct beach access and stunning bay views, offering the rare advantage of short-term rental flexibility in one of Miami Beach's most desirable locations. Enjoy complimentary beach chairs provided by this meticulously kept building while generating impressive rental income or creating your personalized coastal retreat. With generous closet space throughout and well-preserved original finishes, this unit presents the perfect canvas to customize to your exact vision and style. Whether you're an investor seeking maximum returns or a discerning buyer looking for beachfront value, this is your chance to own a piece of paradise at an unbeatable price in a prime oceanfront building. Maintenance includes cable, high-speed internet, and water. All building structural updates are complete, including brand new elevators, roof, hallways & more. No construction impact.
Full Property Details
Full Property Details for 5601 Collins Ave #720
General
- Price: $545,000
- HOA FEE: $1,578/month
- Taxes: $3,018 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11959066
- Updated: 2/5/2026
- Added to Site: 16 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher, Microwave, Refrigerator
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Combination Tub & Shower
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level
Other Rooms
- Dining Room: Dining/Living Room, Family/Dining Combination
- Laundry: Common Area
Additional Information
- Shared Amenities: Barbecue, Laundry, Community Room, Elevator(s), Exercise Room, Pool, Private Beach Pavilion, Trash Chute
- Maint. Includes: All Amenities, Building Exterior, Common Area, Internet/WiFi, Landscaping/Lawn Maintenance, Laundry Facilities, Legal/Accounting, Manager, Pool Service, Security, Sewer, Trash Removal, Water
- Security/Safety: Doorman, Guard At Site, Lobby Secured
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space
Location
- Area: The Pavilion Condo
- County: Miami-Dade County
- Subdivision: THE PAVILION CONDO
- Building Name: THE PAVILION CONDO
- Direction Faces: West
School Information
- Elementary School: North Beach
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: The Pavilion Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Other
Structural Information
- Architectural Style: Stilt
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Windows: Clear Impact Glass, Blinds
- Entry Floor Number: 7
- Building Size: 1290
- Square Feet: 1,290
- Living Area: 1,290 Sq. Ft.
- Year Built: 1968
Lot Features
- Property View: Bay
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Access, Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $422.48
- Association Fee: $1,578
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,018
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Ownership: Other Ownership
- Legal Description: THE PAVILION CONDO UNIT 720 UNDIV 0.0034045 % INT IN COMMON ELEMENTS OFF REC 16366-0389 OR 16383-2843 0594 1
- Restrictions: No Restrictions, Ok To Lease, See Broker Remarks
- Inclusions: Other
- Property ID: 02-32-11-062-2510
Listed by Miami Beach Real Estate Group
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Price & Sales History for 5601 Collins Ave #720
Date
Details
Price
Change
Source
2/04/2026
Listed
$545,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5601 Collins Ave #720
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,046
3%
$203,305
3%
2023
$2,953
5%
$197,384
6%
2021
$2,802
-1%
$186,054
-3%
2022
$2,826
1%
$191,635
4%
2021
$2,802
4%
$183,486
2%
2019
$2,686
6%
$179,361
2%
2018
$2,538
1%
$176,017
2%
2017
$2,506
1%
$172,397
2%
2016
$2,492
-1%
$168,852
1%
2015
$2,522
-40%
$167,679
-14%
2014
$4,193
-8%
$194,993
-7%
2013
$4,563
—
$208,549
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5601 Collins Ave #720
5601 Collins Ave #720, Miami Beach, FL 33140 (MLS# A11959066) is a Condo property with 2 bedrooms and 2 full bathrooms. 5601 Collins Ave #720 is currently listed for $545,000 and was received on February 04, 2026. Want to learn more about 5601 Collins Ave #720? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

