5445 Collins Ave # P2, Miami Beach FL 33140 | Miami-Dade County | A12026552
  • $1,385,000

Description

Live the ultimate Miami Beach lifestyle or maximize your investment portfolio with this spectacular, fully renovated two-story direct oceanfront condo at 5445 Collins Avenue. Offered at $1,385,000, this sprawling 2,070-square-foot residence perfectly blends the expansive feel of a single-family home with the luxury of high-rise coastal living.With zero rental restrictions and an active, successful short-term rental history on VRBO, this turnkey property is a premier income-producing powerhouse on Millionaire’s Row. Even more lucrative for savvy investors: the building sits on a massive 4+ acre oceanfront lot, positioning owners for a massive windfall as major developers consistently compete to buy out the complex at a premium

Property Overview

This two-story, two-bedroom, two-and-a-half-bathroom condo at 5445 Collins Avenue sits in the Castle Beach Club Condo building, a 2,070-square-foot residence with direct oceanfront access. The property, built in 1966, is fully renovated and offered at $1,385,000. Located in Miami Beach, it's part of an active short-term rental market, with no rental restrictions in place. The home is listed for sale as a single-family-style condo with the added convenience of high-rise coastal living. It has a successful history on VRBO, making it a turnkey investment opportunity. The unit is situated on Millionaire's Row and is positioned for potential value appreciation due to the building's location on a 4+ acre oceanfront lot. The HOA fee is $1,527. The property is located in the Castle Beach Club Condo subdivision. For more information or to discuss the property in detail, buyers are encouraged to call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does the Castle Beach Club Condo have?

The condo has 2 bedrooms and 3 bathrooms, including 2 full bathrooms and 1 half bathroom.

What is the size of the unit, and how many stories does it span?

The unit is 2,070 square feet and spans two floors.

What is the monthly HOA fee, and are there any rental restrictions?

The monthly HOA fee is $1,527. The property has zero rental restrictions and has a successful short-term rental history.

What is the price of the unit, and where is it located?

The unit is listed for $1,385,000. It is located at 5445 Collins Ave # P2, Miami Beach, FL 33140.

What are the advantages for an investor looking to purchase this unit?

The unit offers an active short-term rental history and is located in a building with a large 4+ acre oceanfront lot, which has attracted interest from major developers.

Monthly Fees & Carrying Costs

Association Fee $1,527 / month
Total Monthly Fees $1,527 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)

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  • Address: Collins Ave
  • City: Miami Beach
  • Zip/Postal Code: 33140

Details

Updated on June 26, 2026 at 2:53 am
  • Property ID A12026552
  • Price $1,385,000
  • Property Size 2070 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2.5
  • Year Built 1966
  • Property Status Active, Residential

Additional details

  • Flooring Concrete
  • Waterfront Features Ocean Front
  • Bedroom Features Entry Level
  • Cooling Ceiling Fan(s), Central Air, Electric
  • Association Type Condo
  • Building Castle Beach Club Condo
  • Association Fee Frequency Monthly
  • Area Castle Beach Club Condo
  • Annual Tax 8555
  • Association Yes
  • Elementary School North Beach
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 2
  • Subdivision CASTLE BEACH CLUB CONDO
  • Total Stories 17
  • Restrictions Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
  • Parking Assigned, Covered, Valet
  • Heating Central, Electric
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 2070
  • Covered Spaces 1
  • Middle School Nautilus
  • Unit Floor 2
  • View Ocean View, Direct Ocean
  • Year Built Details Resale
  • High School Miami Beach
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number P2
  • Inclusions Other
  • Half Bathrooms 1
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 1527
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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