What is the asking price and what does it include?

The list price for 5445 Collins Ave # 1506, Miami Beach FL 33140 is $320,000. The property is a Condominium with — bedrooms, 1 bathrooms, approximately 390 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 5445 Collins Ave # 1506, Miami Beach FL 33140 in Miami Beach, 33140. Coordinates are approximately 25.8344402, -80.1201766. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami Beach — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 320,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 5445 Collins Ave # 1506, Miami Beach FL 33140.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

Home
Condominium
5445 Collins Ave # 1506, Miami Beach FL 33140 | Miami-Dade County | A12030790

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5445 Collins Ave # 1506, Miami Beach FL 33140 | Miami-Dade County | A12030790

5445 Collins Ave # 1506, Miami Beach FL 33140

Residential Active

$320,000

22 More

Type
Condominium

0
Bedroom

1
Bathroom

1
Garage

390 Square Feet
Area Size

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Residential Active

5445 Collins Ave # 1506, Miami Beach FL 33140 | Miami-Dade County | A12030790

5445 Collins Ave # 1506, Miami Beach FL 33140

$320,000

Description

This bright and spacious unit offers breathtaking water views, an open layout, and direct access to resort-style amenities including pool, beach access, fitness center, valet parking, and 24-hour security. Perfect as a primary residence, vacation home, or investment property.
Seller financing available up to $100,000, creating a unique opportunity for qualified buyers seeking flexible purchase terms.
Enjoy the best of Miami Beach living just minutes from South Beach, Bal Harbour, fine dining, and world-class shopping.

Address

Open on Google Maps

Address: Collins Ave
City: Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33140
Area: CASTLE BEACH CLUB CONDO

Details

Updated on June 4, 2026 at 2:52 am

Property ID A12030790
Price $320,000
Property Size 390 Square Feet
Bedroom 0
Bathroom 1
Garage 1
Year Built 1966
Type Condominium
Property Status Residential

Additional details

AssociationAmenities Bar, Exercise Room, Heated Pool, Pool, Tennis Court(s), Trash Chute
AssociationFee 858
AssociationFeeFrequency Monthly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaTotal 390
BuildingAreaUnits Square Feet
BuildingName CASTLE BEACH
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-06-03
Cooling Central Air
CoveredSpaces 1
DaysOnMarket 1
DoorFeatures High Impact Doors
ElementarySchool North Beach
EntryLevel 15
ExpirationDate 2026-12-31
Fencing Fenced
Flooring Ceramic Floor
FrontageType Bay
Heating None
HighSchool Miami Beach
Inclusions Deeded Beach Access
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-603-0184
ListingTerms All Cash, Conventional, Owner Will Carry
LotSizeSquareFeet 0
MLSAreaMajor Castle Beach Club Condo
MajorChangeTimestamp June 4, 2026 at 01:26am
MajorChangeType New
MiddleOrJuniorSchool Nautilus
MlsStatus Active
ModificationTimestamp June 4, 2026 at 01:26am
OnMarketDate 2026-06-03
OriginalEntryTimestamp June 4, 2026 at 01:26am
OriginalListPrice 320000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 02-32-14-021-0760
ParkingFeatures 1 Space, Valet
PhotosChangeTimestamp June 4, 2026 at 05:45am
PhotosCount 27
PostalCode 33140
PostalCodePlus4 2552
PriceChangeTimestamp June 4, 2026 at 01:15am
PublicSurveyRange 32
PublicSurveySection 14
PublicSurveyTownship 32
RoomsTotal 0
SecurityFeatures Smoke Detector, Lobby Secured, Security Patrol, TV Camera
ShowingInstructions 24 Hour Notice
SourceSystemKey 504474332
StateOrProvince FL
StatusChangeTimestamp June 4, 2026 at 01:26am
StoriesTotal 18
StreetName Collins Ave
StreetNumber 5445
StreetNumberNumeric 5445
StructureType Condo 1-4 Stories, Condo
SyndicationRemarks This bright and spacious unit offers breathtaking water views, an open layout, and direct access to resort-style amenities including pool, beach access, fitness center, valet parking, and 24-hour security. Perfect as a primary residence, vacation home, or investment property. Seller financing available up to $100, 000, creating a unique opportunity for qualified buyers seeking flexible purchase terms. Enjoy the best of Miami Beach living just minutes from South Beach, Bal Harbour, fine dining, and world-class shopping.
TaxAnnualAmount 5298
TaxLegalDescription CASTLE BEACH CLUB CONDO UNIT 1506 UNDIV 0.001541% INT IN COMMON ELEMENTS OFF REC 15285-1869 OR 15722-2169 1192 1
TaxYear 2025
UnitNumber 1506
View Bay
WaterfrontFeatures Intracoastal Front, Ocean Access
YearBuiltDetails Resale