
$430,000
CondominiumActive5005 Collins Ave, Miami Beach FL 33140
MLS #A12035262About This Property
Discover a rare penthouse opportunity on iconic Millionaire's Row, where sweeping Intracoastal waters and the Miami skyline create an extraordinary backdrop to everyday living. Impeccably maintained and move-in ready, this spacious 1-bedroom, 2-full-bath residence offers the comfort and flexibility today's buyers seek, complemented by abundant natural light and impressive sunset views from the privacy of the top floor. The thoughtfully designed layout provides generous living and entertaining spaces, while the pristine condition allows for immediate enjoyment. Residents enjoy resort-style amenities including 24-hour concierge, heated pool, beach service, fitness center, jacuzzi, library, BBQ area, valet, and direct beach access via the oceanfront boardwalk. The building has completed significant capital improvements, including impact windows and doors, and has successfully passed its 50-year certification. Ideally positioned moments from Fontainebleau, Soho Beach House, the Faena District, world-class dining, and the very best of Miami Beach living. The residence is currently leased through September 30, 2026, offering flexibility for buyers planning a future move or an effortless transition for those wishing to continue generating rental income, as the current tenant has expressed interest in extending their stay. Penthouse residences in this sought-after building rarely become available.
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Blue Mar Real Estate Group
About Miami Beach
Miami Beach is a barrier island city defined by its Art Deco Historic District, oceanfront condos, and year-round tourist energy along Ocean Drive, Lincoln Road, and Collins Avenue. The neighborhood ranges from the party-forward South Beach to quieter mid-Beach and North Beach pockets, plus the Faena District's newer luxury development on 32nd-36th streets. The city draws international buyers and second-home owners who want walkable beach living with full urban amenities.
Property Details
Property Type
Condominium
Year Built
1964
Living Area
1,046 sq ft
Bedrooms
1
Bathrooms
2
Garage
1 Space
Pool
No
Waterfront
Yes
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Flooring
Tile
Construction
CBS Construction
Style
Penthouse
HOA Fee
$1,467 / Monthly
Annual Taxes
$7,076 (2025)
Days on Market
1
MLS #
A12035262
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Miami Beach
Location
City
Miami Beach
State
FL
ZIP Code
33140
County
Miami-Dade County
Listing provided by Jason Turner at Coldwell Banker Realty. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12035262.