5601 Collins Ave 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
Closing Date
May 15, 2026
MLS#
A11959066
Complex Name
The Pavilion Condo
Status
CLOSED
Type
Condo
Bedrooms
2
Full baths
2
Living Area
1,290

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

Days on Market
38
Interior Features
First Floor Entry
Tax Amount
$3,018
Waterfront Description
Ocean Access, Ocean Front
Water Access
Other
Parcel Number
02-32-11-062-2510
#Garage Spaces
1
Bedroom Description
Entry Level
Front Exposure
West
Exterior Features
Open Balcony
Association Fee
$1578
Unit View
Bay
Parking Restrictions
1 Space
Pet Restrictions
Restrictions Or Possible Restrictions
Pets Allowed
Yes
Unit Number
720
Elementary School
North Beach
SqFt Liv Area
1,290
Amenities
Barbecue, Laundry, Community Room, Elevator(s), Exercise Room, Pool, Private Beach Pavilion, Trash Chute
Year Built
1968
Style
Condo 5+ Stories, Condo
Restrictions
No Restrictions, Ok To Lease, See Broker Remarks
Development Name
The Pavilion Condo
Middle School
Nautilus
Senior High School
Miami Beach
Construction Type
CBS Construction
Section
11

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Calculator source: Real Geeks

Listing Courtesy of Miami Beach Real Estate Group, Contact:

Selling Office: AWA Realty LLC.