5601 Collins Ave # 423, Miami Beach FL 33140, Miami Beach
$450,000
Miami Beach, FL, 33140
Property details
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 930 sqft
- Year built
- 1968
- Type
- Condominium
- Association fee
- $1,118 / monthly
- Days on market
- 132
- MLS #
- A11965448
Listing courtesy of Brier Real Estate Group · 786-553-9133. Listing agent: Adriana Brier. MLS data last updated 2026-06-26.
Description
DON'T MISS this excellent investment opportunity on Millionaire's Row! Completely remodeled with 1 bedroom and 2 converted dens, turn-key furnished and ready for short term rentals right away! New hurricane windows and doors already in place. Spacious balcony with intracoastal views. Amenities include valet parking, large heated pool, gym, picnic & BBQ area right on the beach! Association fee includes cable, internet and air conditioning.
5601 Collins Ave # 423, Miami Beach FL 33140, Miami Beach — for sale, listed for $450,000 (1 bed, 2 bath, 930 sqft).
$484/sqft · 28% percentile · based on 128 1-bed listings for sale in 33140 (median $564/sqft).
Association fee context
The $1,118 association fee compares with a $1,173 median across 118 1-bed listings for sale in 33140 that report fees.
n=118 · 2026-08-14 · Methodology
Run the numbers
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
How is this priced?
At $484 per square foot, this listing sits at the 28% percentile of the 128 comparable 1-bed listings for sale in 33140 on the market right now.
The current median for that group is $564/sqft, so this asking price is below the middle of its market.
n=128 · 2026-08-14 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33140 show a median asking $564/sqft — 4.5% above the Miami Beach median asking of $540/sqft.
n=128 · 2026-08-14 · Methodology
Browse this price segment
n=648 · 2026-08-14 · Methodology
Observed price & status history
Asking price reduced from $540,000 to $450,000.
About THE PAVILION CONDO
THE PAVILION CONDO: built 1968; current sale asking prices $449,900–$855,000; current rents $4,200–$7,000; association fees $1,118–$1,652/month.
Market intelligence recomputed weekly from the full live MLS feed · 2026-08-14 · Methodology
The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.