5601 Collins Ave # 1420, Miami Beach FL 33140, Miami Beach
$750,000
Miami Beach, FL, 33140
Property details
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,290 sqft
- Year built
- 1968
- Type
- Condominium
- Association fee
- $1,652 / monthly
- Days on market
- 57
- MLS #
- A12023495
Listing courtesy of London Foster Realty · 305-514-0100. Listing agent: Matias Derito. MLS data last updated 2026-07-17.
Description
An exceptional oceanfront apartment in Miami Beach, offering a rare blend of investment potential and beachfront luxury. This well-maintained split floor plan residence features direct beach access and stunning bay views, along with the valuable flexibility for short-term rentals in a highly desirable location. Ideal for generating strong rental income or creating a personalized coastal retreat, the unit includes generous closet space and well-preserved original finishes, providing an excellent opportunity for customization. Maintenance includes cable, high-speed internet, and water. All major building updates have been completed, including new elevators, roof, and renovated common areas, with no ongoing construction impact.
5601 Collins Ave # 1420, Miami Beach FL 33140, Miami Beach — for sale, listed for $750,000 (2 bed, 2 bath, 1,290 sqft).
203 2-bed listings for sale in 33140 · median $750,000.
Local market report
Observed price & status history
Asking price revised from $675,000 to $750,000.
Availability in THE PAVILION CONDO
34 listings are currently active in this building across 32 distinct units (19 × 1-bed, 14 × 2-bed, 1 × 3-bed).
n=34 · 2026-08-14 · Methodology
Run the numbers
Price-reduction climate
38% of 203 active 2-bed listings for sale in 33140 are listed below their original asking price.
n=203 · 2026-08-14 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33140 show a median asking $618/sqft — 11.8% below the Miami Beach median asking of $701/sqft.
n=202 · 2026-08-14 · Methodology
Current market segment
Right now: 203 active 2-bed listings for sale in 33140, median asking price $750,000, median $618/sqft.
n=203 · 2026-08-14 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-08-14 · Methodology
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