5055 Collins Ave # 5M, Miami Beach FL 33140 | Miami-Dade County | A11986651
- $695,000
- Condominium
- 2
- 3
- 2
- 1660 Sq Ft
- $695,000
Description
This desirable M-line residence at the iconic Crystal House offers one of the largest two-bedroom floor plans in the building. Featuring 2 bedrooms and 3 full bathrooms, the layout provides the space and functionality typically found in larger three-bedroom residences. Floor-to-ceiling windows showcase expansive views of the Intracoastal Waterway and Miami skyline. The open living and dining areas flow together, with an adjacent eat-in kitchen. The primary suite includes a spacious dressing area, and the residence offers abundant storage throughout. Located on prestigious Collins Avenue, this beachfront address combines comfort, scale, and prime positioning. Amenities include valet, fitness center, sauna, concierge services, pickleball courts, pool, and direct beach access. Competitively priced relative to recent sales, this residence presents a compelling opportunity to own a generously sized two-bedroom in one of Miami Beach’s most established oceanfront buildings.
Property Overview
This is a 2-bedroom, 3-bath condominium of about 1660 square feet at 5055 Collins Ave # 5M, Miami Beach FL 33140 (Miami Beach 33140), listed at $695,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $1,859.
The tax of record is $2,864 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $13,900/yr (≈ $1,158/mo); with the homestead exemption on a primary residence, about $12,900/yr (≈ $1,075/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 5055 Collins Ave # 5M is $695,000. Fixtures and built-in appliances generally convey with the home, but the MLS record does not state if the unit is furnished; you must confirm exactly what conveys.
Separate from the unit are shared community amenities, which include a basketball court, barbecue, bike/jog path, billiard room, business center, clubhouse-clubroom, laundry, community room, elevators, exercise room, pickleball, pool, and sauna. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
Where exactly is it, and what should I know about the location?
The property is located at 5055 Collins Ave # 5M, Miami Beach FL 33140, situated within the coastal corridor of Miami Beach 33140. This unit is listed at $695,000 and features 2 bedrooms and 3 bathrooms across approximately 1660 sqft.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these location details.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee is $1,859. This cost covers Internet/WiFi, Laundry Facilities, Manager, Pest Control Interior, Pool Service, Security, Sewer, Trash Removal, and Water.
The community is subject to city ordinances found at https://library.municode.com/fl/miami-beach/codes/code_of_ordinances. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $2,864 (2025), but Florida reassesses at sale. As an ESTIMATE ONLY, at this price and a Miami-Dade rate near 2.0%, taxes are about $13,900/yr (≈ $1,158/mo) without homestead, or about $12,900/yr (≈ $1,075/mo) with the homestead exemption. Florida's homestead exemption lowers taxable value only for a primary residence.
These are estimates, not quotes; confirm all figures with the Miami-Dade Property Appraiser and a tax professional. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
Is the home in a flood zone, and what does that mean?
Flood zones identify areas at risk for flooding, which you can understand through FEMA definitions. Lenders often require flood insurance for properties in high-risk zones. View the FEMA flood map for this address to see the specific designation for 5055 Collins Ave # 5M.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
Are pets allowed?
Records indicate pets are not allowed or are heavily restricted at 5055 Collins Ave # 5M. However, service animals are protected under the ADA and Fair Housing Act and generally cannot be categorically banned. Emotional Support Animals (ESAs) are treated as a reasonable accommodation under the FHA with proper documentation, subject to association review and evolving 2026 HUD guidance. These animals function more like a wheelchair than a pet.
Review this guide and this article for more detail, and consult a Florida real-estate attorney for legal advice. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify current rules.
How is the price set and is there room to negotiate?
Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026). The list price of $695,000 for 5055 Collins Ave # 5M is derived from a CMA.
I provide a Miami Beach-specific CMA to ensure your offer is precise. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these figures.
What financing step do you recommend before touring?
Secure a pre-approval before touring this 2-bedroom, 3-bathroom residence to establish your buying power. Connect with a Florida-licensed mortgage originator to formalize your financing.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify current availability.
Monthly Fees & Carrying Costs
| Association Fee | $1,859 / month |
| Total Monthly Fees | $1,859 / month |
- Membership Required: No
- Application Fee: $100 (one-time)
Have a question about this Miami Beach listing?
Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Collins Ave
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33140
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Area: CRYSTAL HOUSE CONDO
Details
Updated on August 20, 2026 at 5:36 am-
Property ID A11986651
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Price $695,000
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Property Size 1660 Sq Ft
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Bedrooms 2
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Room 0
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Bathrooms 3
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Garages 2
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Year Built 1961
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Carpet, Tile
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Waterfront Features Intracoastal Front
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Bedroom Features At Least 1 Bedroom Ground Level, Primary Bath Shower, Sitting Area - Primary Bedroom
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Cooling Central Air
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Association Type Condo
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Building CRYSTAL HOUSE CONDO
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Association Fee Frequency Monthly
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Area Crystal House Condo
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Annual Tax 2864
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Association Yes
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Elementary School North Beach
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront Yes
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Full Bathrooms 3
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Subdivision CRYSTAL HOUSE CONDO
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Total Stories 14
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Restrictions Ok To Lease
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Maintenance Includes Internet/WiFi, Laundry Facilities, Manager, Pest Control Interior, Pool Service, Security, Sewer, Trash Removal, Water
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Parking 2 Or More Spaces
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction Concrete Block Construction
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Building Area 1660
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Covered Spaces 2
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Middle School Nautilus
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Unit Floor 5
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View Intracoastal View, Other View, Water View
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Year Built Details Resale
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High School Miami Beach
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Pets Allowed No
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Attached Yes
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Unit Number 5M
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Inclusions Deeded Beach Access
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Half Bathrooms 0
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Flood Zone AE
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New Construction No
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Garage Spaces 2
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Style Condo 5+ Stories
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Association Fee 1859
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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