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

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.
Portfolio of Six units can be sold together for $2.4mln: 1730, 1232, 1424, 928, 724, and 1203

Property Overview

The 350-square-foot oceanfront studio at 5445 Collins Ave # 724 sits within the Castle Beach Club Condo building. Built in 1966, the unit features tile flooring and one full bathroom. There are no half baths. The listing is for sale at $400,000. The monthly HOA fee is $873. This property has no rental restrictions, making it suitable for short-term rentals or personal use. The building offers resort-style amenities including a pool, gym, spa, Turkish bath, and 24/7 security. Direct beach access and valet parking are also available. A portfolio of six units can be purchased together for $2.4 million.

Frequently Asked Questions

What are the specifics of the unit size and layout?

This is a studio located at 5445 Collins Ave # 724. The living area is 350 square feet and includes 1 full bathroom.

How much is the monthly fee and what does it cover?

The monthly HOA fee is $873. The listing notes that the property is oceanfront with resort-style amenities including direct beach access, a pool, a gym, valet, a spa, Turkish bath, and 24/7 security.

Is there a rental restriction on the property?

No. The listing states there are no rental restrictions, which allows for short-term rentals like Airbnb.

Is there an investment opportunity to buy multiple units?

Yes. A portfolio of six units at the same address (1730, 1232, 1424, 928, 724, and 1203) can be sold together for $2.4 million.

When was the building constructed?

The building was built in 1966.

Monthly Fees & Carrying Costs

Association Fee	$873 / month
Total Monthly Fees	$873 / month

Membership Required: No
Application Fee: $100 (one-time)

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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 August 20, 2026 at 9:54 pm

Property ID A12025306
Price $400,000
Property Size 350 Sq Ft
Bedroom 0
Room 0
Bathroom 1
Garage 1
Year Built 1966
Type Condominium
Property Status Active, Residential

Additional details

Flooring Tile
Waterfront Features Ocean Access, Ocean Front
Bedroom Features Other
Cooling Central Air
Association Type Condo
Building CASTLE BEACH CLUB CONDO
Association Fee Frequency Monthly
Area Castle Beach Club Condo
Annual Tax 5493
Association Yes
Elementary School North Beach
Private Pool No
Listing Terms All Cash, Conventional, Cryptocurrency
Waterfront Yes
Full Bathrooms 1
Subdivision CASTLE BEACH CLUB CONDO
Total Stories 17
Restrictions Corporate Buyer OK, Daily Rentals Allowed, Okay To Lease 1st Year
Maintenance Includes All Amenities, Cable Tv
Amenities Laundry, Elevator(s), Exercise Room, Other, Pool
Parking 1 Space, Guest, No Trucks/Trailers
Heating Central
Structure Type Condo-Hotel, Condo
Tax Year 2025
Construction CBS Construction
Building Area 350
Covered Spaces 1
Middle School Nautilus
Unit Floor 7
View Ocean View, Direct Ocean
Year Built Details Resale
High School Miami Beach
Pets Allowed Yes
Attached Yes
Unit Number 724
Inclusions Deeded Beach Access
Half Bathrooms 0
Flood Zone AE
New Construction No
Garage Spaces 1
Style Condo-Hotel
Association Fee 873
Lot Size (Sq Ft) 0
Membership Purchase Required No