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$895,000
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Property Description
Set along Indian Creek on Miami Beach's Millionaire's Row, Unit 7B at Ashley Apartments is a bright, spacious corner condo with an open floor plan and rare extra interior square footage. This unit is in a quiet boutique building with only four units per floor, offering a private and peaceful lifestyle. A dock is available for rent to residents. Natural light fills the space and showcases views of Miami Beach the moment you step inside. The enclosed patio and newly updated floors add valuable interior space, perfect for a den, office, or easily converted into a third bedroom. Spacious bedrooms are paired with updated bathrooms. Enjoy a relaxing afternoon on the pool deck while you soak up the sun and watch the nonstop activity along Indian Creek. Amazing location just steps from the beach.
Full Property Details
Full Property Details for 5640 Collins Ave #7B
General
- Price: $895,000
- HOA FEE: $1,500/month
- Taxes: $8,948 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11850978
- Updated: 8/13/2025
- Added to Site: 166 day(s) ago
Interior
- Interior Features: Lobby, First Floor Entry, Built-in Features, Closet Cabinetry, Pantry, Walk-In Closet(s), Other, Storage
- Appliances: Dishwasher, Ice Maker, Electric Range, Refrigerator
- Flooring: Ceramic Floor, Marble, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Combination Tub & Shower, Whirlpool/Spa
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Primary Bath Tub
Other Rooms
- Living Room: Glassed Porch, Other, Stora Sq. Ft.
- Dining Room: Dining/Living Room
- Laundry: Common Area
Additional Information
- Shared Amenities: Boat Dock, Laundry, Community Room, Elevator(s), Exterior Lighting, Library, Pool
- Maint. Includes: All Amenities, Building Exterior, Common Area, Elevator, Hot Water, Laundry Facilities, Outside Maintenance, Parking, Recreation Facilities, Sewer, Trash Removal, Water
- Security/Safety: Smoke Detector, Card Entry, Phone Entry, Other
Exterior
- Exterior Features: East Of Us1
- Deck/Patio: Glass Enclosed
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Detached, Other
Location
- Area: Ashley Apartments Condomi
- County: Miami-Dade County
- Subdivision: ASHLEY APARTMENTS CONDOMI
- Building Name: Ashley Apartments
Community
- Community Name: Ashley Apartments Condomi
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Doors: High Impact Doors
- Entry Floor Number: 7
- Building Size: 1935
- Square Feet: 1,935
- Living Area: 1,935 Sq. Ft.
- Year Built: 1967
Lot Features
- Property View: Bay, Ocean View, Water View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $462.53
- Association Fee: $1,500
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,948
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: ASHLEY APARTMENTS CONDOMINIUM PARCEL 7-B SEVENTH FL UNDIV 1/27 % INT IN COMMON ELEMENTS CLERKS FILE 67R 171742 OR 20482-0136 06 2002 4
- Restrictions: No Lease First 2 years, No Lease-1st Year Owned, Other Restrictions
- Inclusions: Other
- Property ID: 02-32-14-005-0220
Listed by Compass Florida, LLC
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Schools
Schools serving 5640 Collins Ave #7B
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
North Beach Elementary School 4100 Prairie Avenue, Miami Beach, FL 33140 | PK-5 | 1.7 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.7 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5640 Collins Ave #7B
Date
Details
Price
Change
Source
8/04/2025
Listed
$895,000
49.17%
MLS
2/18/2022
Sold
$600,000
—
Public Record
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 5640 Collins Ave #7B
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,316
-3%
$493,240
—
2023
$8,543
1%
$493,240
—
2022
$8,493
-4%
$493,236
8%
2021
$8,818
-15%
$456,700
-14%
2019
$10,350
9%
$534,118
9%
2018
$9,537
7%
$492,149
-1%
2017
$8,882
4%
$499,176
23%
2016
$8,577
17%
$406,736
10%
2015
$7,326
-8%
$369,760
13%
2014
$7,981
30%
$328,091
10%
2013
$6,144
—
$298,265
—
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 5640 Collins Ave #7B
5640 Collins Ave #7B, Miami Beach, FL 33140 (MLS# A11850978) is a Condo property with 2 bedrooms and 2 full bathrooms. 5640 Collins Ave #7B is currently listed for $895,000 and was received on August 04, 2025. Want to learn more about 5640 Collins Ave #7B? 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.

