What is the asking price and what does it include?

The list price for 5445 Collins Ave # 724, Miami Beach FL 33140 is $400,000. The property is a Condominium with — bedrooms, 1 bathrooms, approximately 350 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 # 724, Miami Beach FL 33140 in Miami Beach, 33140. Coordinates are approximately 25.8342473, -80.1201699. 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 400,000 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 # 724, 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.

5445 Collins Ave # 724, Miami Beach FL 33140 | Miami-Dade County

Residential Active

5445 Collins Ave # 724, Miami Beach FL 33140 | Miami-Dade County | A12025306

$400,000

Description

Renovated oceanfront studio at Castle Beach Club on Millionaire’s Row with no rental restrictions. Ideal for short-term rentals/Airbnb or personal use. Features tile flooring, ocean views, and resort-style amenities including direct beach access, pool, gym, valet, spa, Turkish bath, and 24/7 security. Prime Miami Beach location minutes from South Beach, Bal Harbour Shops, and Lincoln Road. Excellent investment opportunity with strong income potential.

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 May 28, 2026 at 3:55 am

Property ID A12025306
Price $400,000
Property Size 350 Square Feet
Bedroom 0
Bathroom 1
Garage 1
Year Built 1966
Type Condominium
Property Status Residential

Additional details

AssociationAmenities Laundry, Elevator(s), Exercise Room, Other, Pool
AssociationFee 873
AssociationFeeFrequency Monthly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaTotal 350
BuildingAreaUnits Square Feet
BuildingName CASTLE BEACH CLUB CONDO
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-05-27
Cooling Central Air
CoveredSpaces 1
DaysOnMarket 0
ElementarySchool North Beach
EntryLevel 7
ExpirationDate 2027-05-27
Flooring Tile
Heating Central
HighSchool Miami Beach
Inclusions Deeded Beach Access
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-904-9998
ListingTerms All Cash, Conventional, Cryptocurrency
LotSizeSquareFeet 0
MLSAreaMajor Castle Beach Club Condo
MajorChangeTimestamp May 27, 2026 at 05:03pm
MajorChangeType New
MiddleOrJuniorSchool Nautilus
MlsStatus Active
ModificationTimestamp May 27, 2026 at 05:05pm
OnMarketDate 2026-05-27
OriginalEntryTimestamp May 27, 2026 at 05:03pm
OriginalListPrice 400000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 02-32-14-021-2900
ParkingFeatures 1 Space, Guest, No Trucks/Trailers
PhotosChangeTimestamp May 27, 2026 at 05:08pm
PhotosCount 1
Possession Negotiable
PostalCode 33140
PostalCodePlus4 2527
PriceChangeTimestamp May 26, 2026 at 05:22pm
PublicSurveyRange 32
PublicSurveySection 14
PublicSurveyTownship 32
RoomsTotal 0
SecurityFeatures Fire Sprinklers, Lobby Secured
ShowingContactType Agent
ShowingInstructions 24 Hour Notice, Call Listing Agent
SourceSystemKey 495652788
StateOrProvince FL
StatusChangeTimestamp May 27, 2026 at 05:03pm
StoriesTotal 17
StreetName Collins Ave
StreetNumber 5445
StreetNumberNumeric 5445
StructureType Condo-Hotel, Condo
SyndicationRemarks Renovated oceanfront studio at Castle Beach Club on Millionaire’s Row with no rental restrictions. Ideal for short-term rentals/Airbnb or personal use. Features tile flooring, ocean views, and resort-style amenities including direct beach access, pool, gym, valet, spa, Turkish bath, and 24/7 security. Prime Miami Beach location minutes from South Beach, Bal Harbour Shops, and Lincoln Road. Excellent investment opportunity with strong income potential.
TaxAnnualAmount 5493
TaxLegalDescription CASTLE BEACH CLUB CONDO UNIT 724 UNDIV 0.001541% INT IN COMMON ELEMENTS OFF REC 15285-1869 OR 15546-4131 0692 1 COC 25706-3299 05 2007 5
TaxYear 2025
UnitNumber 724
View Ocean View, Direct Ocean
WaterfrontFeatures Ocean Access, Ocean Front
WindowFeatures Clear Impact Glass, Blinds
YearBuiltDetails Resale