5225 Collins Ave # 1221, Miami Beach FL 33140 | Miami-Dade County | A11937465
- $1,349,000
- $1,349,000
Description
Turnkey 4 Bedroom 3 Full Bathroom with separate Enclosed Den at the Famous Alexander Hotel with amazing Ocean, Bay, Golf Course, & Iconic Miami Downtown Views. The Hotel Resort was Renewed & Remodeled Fully. New lobby, New Adult Pool & Expansive Deck Seating & Fire Pit With Ocean Views, New Bar & Lounge, New Cafe & Convenience Store, New Pool Amenities. This unique combined floor plan was fully renovated, professionally constructed designed, and is a South & West facing with high-end Italian furnishings and finishes. Offers a spectacular Direct Ocean & City Skyline & Gorgeous Sunset views. 1 Parking Spot Assigned & 1 Valet Included. Pool, Gym & Beach Chair/Towel Service Included. High-Speed Internet, Cable, and All Utilities included. AIRBNB FRIENDLY, perfect for investors or second home. KOSHER restaurant on site.
Property Overview
This is a 4-bedroom, 3-bath condominium of about 1800 square feet at 5225 Collins Ave # 1221, Miami Beach FL 33140 (Miami Beach 33140), listed at $1,349,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $3,145.
The tax of record is $10,951 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $26,980/yr (≈ $2,248/mo); with the homestead exemption on a primary residence, about $25,980/yr (≈ $2,165/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 is $1,349,000. The MLS record does not explicitly state the furnished status; a specific verification of what personal property conveys is required. Fixtures and built-in appliances are generally included with the home, while community amenities such as the bar, business center, cabanas, exercise room, and pool are shared HOA features.
For a precise inventory of inclusions and to review the current condominium resale package, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, for verification.
Where exactly is it, and what should I know about the location?
The property is a condominium at 5225 Collins Avenue, Unit 1221, within Miami Beach, Florida 33140. This address places it directly on the coastal Collins Avenue corridor, a primary thoroughfare connecting the beachfront communities.
For a detailed discussion of the building's amenities, traffic patterns, and immediate surroundings, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to arrange a review.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee of $3,145 covers Air Conditioning Maintenance, All Amenities, Building Exterior, Cable Tv, Common Area maintenance, Sewer, Trash Removal, and Water. The community is also subject to Miami Beach city ordinances, which you can review via the municipal code.
For precise verification of these fees and governing rules, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.
What are the property taxes and homestead implications?
The tax of record is $10,951 (2025). As an estimate only—Florida reassesses upon sale—at the list price of $1,349,000 and a Miami-Dade rate near 2.0%, the projected annual property tax would be approximately $26,980 without a homestead exemption, or about $25,980 with one. The homestead exemption lowers the taxable value for a Florida primary residence.
These are estimates, not quotes. For precise verification, consult the Miami-Dade Property Appraiser, a tax professional, and contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.
Is the home in a flood zone, and what does that mean?
The property is in a high-risk flood zone, specifically a FEMA Special Flood Hazard Area (SFHA). This classification means there's at least a 1% annual chance of flooding, which lenders use to mandate flood insurance. You can review the FEMA definitions and View the FEMA flood map for this address for the official data.
For a precise assessment of insurance requirements and associated costs, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify the details for this listing.
Are pets allowed?
The MLS record indicates pets are allowed, with restrictions (or possible restrictions). We will obtain the building association's exact, current pet rules for this specific unit on your behalf.
Separate federal accommodation rules apply for documented service or emotional support animals. To verify the precise policy for unit 1221, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.
How is the price set and is there room to negotiate?
The price is anchored by a comparative market analysis of the building and vicinity. Current Miami-Dade condo metrics show a market closing at 94% of the final list price, averaging 64 days on market. This establishes a realistic baseline for negotiation on this $1,349,000 listing.
For precise guidance, a detailed Miami Beach-specific CMA is essential before drafting an offer. To verify the analysis and discuss strategy, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate.
What financing step do you recommend before touring?
Before touring, I recommend obtaining a pre-approval from a Florida Licensed Mortgage Loan Officer. This clarifies your budget and positions you as a serious buyer for a property like 5225 Collins Ave #1221, listed at $1,349,000.
Contact me, Christopher Lazaro, Miami Beach Real Estate Broker Associate, to discuss this step and verify your financial readiness for a competitive purchase.
Monthly Fees & Carrying Costs
| Association Fee | $3,145 / month |
| Total Monthly Fees | $3,145 / 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: THE ALEXANDER CONDO
Details
Updated on September 20, 2026 at 4:41 pm-
Property ID A11937465
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Price $1,349,000
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Property Size 1800 Sq Ft
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Bedrooms 4
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Room 0
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Bathrooms 3
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Garages 2
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Year Built 1962
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Type Condominium
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Property Status Active, Residential
Additional details
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View Bay, Intracoastal View, Ocean View
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Cooling Electric
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Heating Electric
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Tax Year 2025
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Flooring Marble, Tile
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Unit Floor 12
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Inclusions Community Boat Dock
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Unit Number 1221
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Building THE ALEXANDER CONDO
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Frontage Bay
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Garage Spaces 2
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Listing Terms All Cash, Conventional
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Area The Alexander Condo
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Total Stories 15
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Waterfront Yes
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Association Yes
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Full Bathrooms 3
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Half Bathrooms 0
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Covered Spaces 2
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Style Condo-Hotel
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Private Pool No
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Structure Type Condo-Hotel, Condo
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Association Fee 3145
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Parking 2 Or More Spaces, Assigned, Valet
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Subdivision THE ALEXANDER CONDO
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Annual Tax 10951
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Year Built Details Resale
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Building Area 1800
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Lot Size (Sq Ft) 0
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Flood Zone AE
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New Construction No
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Attached Yes
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Bedroom Features Other
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Amenities Bar, Business Center, Cabana, Exercise Room, Other, Pool
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Restrictions Daily Rentals Allowed, Ok To Lease
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Construction CBS Construction
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Pets Allowed Yes
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Patio / Porch Open Balcony
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Association Fee Frequency Monthly
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Association Type Condo
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Maintenance Includes Air Conditioning Maintenance, All Amenities, Building Exterior, Cable Tv, Common Area, Sewer, Trash Removal, Water
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Membership Purchase Required No
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