5601 Collins Avenue Unit 720, Miami Beach, FL 33140

$505,000
2
BD
2
BA
1,290
SqFt

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Sold Price
$505,000
List Price
$545,000
Days on Market
54
Closing Date
May 15, 2026
MLS#
A11959066
Year Built
1968
Bedrooms
2
Bathrooms
2
Living Area
1,290
MLS Area Major
2320

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.

Additional Information

Taxes
$3,018
Hoa Fee
$1,578
Property Description
Stilt
Interior Features
Bedroom on Main Level, Family/Dining Room, Living/Dining Room, Tub Shower
Appliances
Dishwasher, Microwave, Refrigerator
Utilities
Cable Available
Heating
Other
Air Conditioning
Central Air
Exterior Construction
Block
Garage Spaces
1
Elementary School
North Beach
Middle School
Miami Beach Nautilus
High School
Miami Beach

Listing courtesy of Miami Beach Real Estate Group. Contact:

Selling Office: AWA Realty LLC.

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