5601 Collins Ave # 504, Miami Beach FL 33140 | Miami-Dade County | A11894284
  • $725,000

Description

Wake up to breathtaking ocean and Miami Beach skyline views from this beautifully appointed residence featuring 1 bedroom, a spacious den, and 2 full bathrooms. The open-concept layout offers bright living and dining areas complemented by a renovated kitchen with stainless steel appliances. Ideally located directly on the beach, this residence provides private beach access. Residents enjoy a heated pool, fitness center, attended front desk, 24-hour security, valet parking, plus cable TV and high-speed internet included in the maintenance. This property is ideal for investors, seasonal owners, or a private vacation retreat. Short-term rentals (VRBO) are permitted.

Property Overview

This is a 1-bedroom, 2-bath condominium of about 930 square feet at 5601 Collins Ave # 504, Miami Beach FL 33140 (Miami Beach 33140), listed at $725,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $1,125.

The tax of record is $1 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $14,500/yr (≈ $1,208/mo); with the homestead exemption on a primary residence, about $13,500/yr (≈ $1,125/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 5601 Collins Ave # 504, Miami Beach FL 33140 is $725,000. With this home, fixtures and built-in appliances generally convey, but the furnished status is not stated on the record, so it should be confirmed what, if any, furniture or personal items are included in the sale. The property itself includes features such as 1 bedroom and 2 bathrooms within approximately 930 square feet of living space.

It's worth noting that the community offers various on-site amenities, including a Bar, Billiard Room, Cabana, Exercise Room, and Pool, which are shared among residents as part of the HOA. These amenities do not convey with the home but are available for use by residents. To verify what specifically conveys with this property and to discuss the details of the sale, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to schedule a viewing or request more information about this listing at $725,000.

Where exactly is it, and what should I know about the location?

The property at 5601 Collins Ave # 504 is located in Miami Beach, FL 33140, along the coastal corridor of Miami Beach. This address places the unit in a prominent area, with the city and zip code providing a clear indication of its location. The property's specifics, including its 1 bedroom and 2 bathrooms within approximately 930 square feet, are listed at $725,000.

To verify the details of this listing and discuss how it meets your needs, consider contacting Christopher Lazaro, Miami Beach Real Estate Broker Associate, to schedule a viewing or request more information about the property and its location.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee for 5601 Collins Ave # 504 is $1,125. According to the record, this fee covers a range of items, including All Amenities, Building Exterior, Cable Tv, Common Area, Insurance, Internet/WiFi, Landscaping/Lawn Maintenance, Manager, Parking, Pest Control Interior, Reserve Fund, Roof Repairs, and Water. It's also important to note that there is an active special assessment on record, but the balance and terms are subject to verification. As the community is subject to city ordinances, buyers should review the municipal code at https://library.municode.com/fl/miami-beach/codes/code_of_ordinances for more information.

To confirm the details of the HOA fee and special assessment, as well as to discuss other aspects of this $725,000 property, buyers should contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify the information and get a clearer understanding of what to expect. Buyers can reach out to Christopher Lazaro to schedule a viewing of the property, which features 1 bedroom, 2 bathrooms, and approximately 930 square feet of living space, and to get guidance on navigating the purchase process for 5601 Collins Ave # 504, Miami Beach, FL 33140.

What are the property taxes and homestead implications?

The property taxes for 5601 Collins Ave # 504, Miami Beach FL 33140, listed at $725,000, can be estimated in two ways. As an ESTIMATE ONLY, considering the Miami-Dade rate near 2.0%, the annual property tax would be about $14,500/yr (approximately $1,208/mo) without homestead, and about $13,500/yr (approximately $1,125/mo) with the homestead exemption, which lowers the taxable value only for a primary residence. These are ESTIMATES, not quotes, and the tax of record is $1 (2024), but Florida reassesses at sale.

To confirm these ESTIMATES and understand how they apply to this property, it is essential to consult the Miami-Dade Property Appraiser and a tax professional. For accurate and personalized information, reach out to Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify the details and discuss how these estimates may impact your purchase of 5601 Collins Ave # 504, Miami Beach FL 33140.

Is the home in a flood zone, and what does that mean?

The property at 5601 Collins Ave # 504, Miami Beach FL 33140, listed at $725,000, is located in a area that buyers should investigate for flood risk. Flood zones are areas designated by the Federal Emergency Management Agency (FEMA) as being at risk for flooding, which can impact insurance requirements and costs. For more information on flood zones, visit the FEMA definitions page. To determine the specific flood zone designation for this property, you can View the FEMA flood map for this address.

Lenders often require flood insurance for properties located in high-risk zones, so it's essential to understand the implications for this property. To verify the flood zone designation and discuss how it may affect your purchase, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to review the details and determine the best course of action for your situation.

Are pets allowed?

According to the MLS record, the pet policy for 5601 Collins Ave # 504, Miami Beach FL 33140, listed at $725,000, indicates restrictions or possible restrictions. This means pets are allowed, with restrictions or possible restrictions. We can pull the association's exact current pet rules for this unit on request. If a documented service animal or ESA is involved, separate federal accommodation rules can apply.

To verify the pet policy and other details about this 1bd/2ba ~930 sqft property, contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to discuss your specific situation and get the most up-to-date information.

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, according to MIAMI REALTORS®, May 2026. This market data suggests that there is some room for negotiation, but it is essential to consider the specific circumstances of the property in question. The listing price of $725,000 for 5601 Collins Ave # 504, a 1bd/2ba ~930 sqft unit, may be influenced by various factors, including the building's amenities and the vicinity's desirability. A more precise assessment of the property's value can be obtained through a Comparative Market Analysis (CMA) specific to Miami Beach, which I can provide to help you make an informed decision. To verify the market value and discuss your options, I recommend reaching out to me, Christopher Lazaro, Miami Beach Real Estate Broker Associate, to review a customized CMA and determine the best course of action for your offer.

What financing step do you recommend before touring?

To ensure a smooth process, it's recommended that you get pre-approved for a mortgage before touring properties like 5601 Collins Ave # 504, listed at $725,000. Speaking with a Florida-licensed Mortgage Loan Originator (MLO) can help you understand your financing options. You can start this process by visiting https://Get-PreApproved.com to get pre-approved. This step will give you a clear idea of your budget and help you make a more informed decision when finding your ideal property.

Once you have your pre-approval in place, you can reach out to Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify the details of this listing, including the 1 bedroom, 2 bathroom, and approximately 930 square feet of living space, and schedule a tour of 5601 Collins Ave # 504, Miami Beach, FL 33140, to see if it's the right fit for you.

Monthly Fees & Carrying Costs

Association Fee $1,125 / month
Total Monthly Fees $1,125 / month
  • Membership Required: No
  • Application Fee: $150 (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: Collins Ave
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33140
  • Area: THE PAVILION CONDO

Details

Updated on August 12, 2026 at 7:34 am
  • Property ID A11894284
  • Price $725,000
  • Property Size 930 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathrooms 2
  • Garage 1
  • Year Built 1968
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Waterfront Features Ocean Access, Ocean Front
  • Bedroom Features Entry Level, Primary Bedroom Ground Level, Studio
  • Cooling Central Air, Electric
  • Association Type Condo
  • Building The Pavilion
  • Association Fee Frequency Monthly
  • Area The Pavilion Condo
  • Annual Tax 1
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 2
  • Subdivision THE PAVILION CONDO
  • Total Stories 18
  • Restrictions Ok To Lease
  • Amenities Bar, Billiard Room, Cabana, Exercise Room, Pool
  • Parking 1 Space, Covered, Valet
  • Heating Central, Electric
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2024
  • Construction Concrete Block Construction
  • Building Area 930
  • Covered Spaces 1
  • Unit Floor 5
  • View Ocean View, Direct Ocean, Water View
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 504
  • Inclusions Deeded Beach Access
  • Flood Zone AE
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 1125
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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