5757 Collins Ave # 504, Miami Beach FL 33140 | Miami-Dade County | A11947340
- $1,100,000
- $1,100,000
Description
Beautifully remodeled 2-bedroom, 2-bathroom apartment located on the iconic Millionaire’s Row, one of Miami Beach’s most prestigious waterfront corridors. This residence features a modern open layout with updated flooring, a sleek contemporary kitchen with stainless steel appliances, custom cabinetry, and elegant finishes throughout. Both bathrooms have been fully renovated with stylish fixtures and spa-inspired details.
Enjoy bright living spaces filled with natural light, generous closet space, and a private balcony perfect for relaxing or entertaining. The building offers a prime location just minutes from the beach, fine dining, luxury shopping, and major highways, combining comfort, style, and convenience in an unbeatable setting. Ideal as a primary residence, second home, or investment opportunity in one of Miami’s most sought-after areas.
Property Overview
This is a 2-bedroom, 2-bath condominium of about 1510 square feet at 5757 Collins Ave # 504, Miami Beach FL 33140 (Miami Beach 33140), listed at $1,100,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $2,605.
The tax of record is $11,526 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $22,000/yr (≈ $1,833/mo); with the homestead exemption on a primary residence, about $21,000/yr (≈ $1,750/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 $1,100,000. This residence is explicitly offered as furnished, so all furniture, fixtures, and built-in appliances will convey to the buyer.
The community offers shared amenities including a billiard room, child play area, elevators, exercise room, and pool. For a complete verification of the included furnishings and a review of the HOA's governing documents, you should contact Christopher Lazaro, Miami Beach Real Estate Expert.
Where exactly is it, and what should I know about the location?
The property is located at 5757 Collins Ave #504 in Miami Beach, Florida, 33140. This places it directly on the coastal Collins Avenue corridor, offering proximity to the beach and key thoroughfares.
For a detailed evaluation of the building's specific amenities, traffic patterns, and surrounding developments, contact Christopher Lazaro, Miami Beach Real Estate Expert, to discuss your priorities.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for this condominium is $2,605. This fee provides access to and maintenance of All Amenities, as defined in the association's governing documents.
Please be aware that community governance and certain regulations are also subject to Miami Beach city ordinances, which can be reviewed online. For a precise breakdown of services and a full verification of the financial obligations, you should contact Christopher Lazaro, Miami Beach Real Estate Expert.
What are the property taxes and homestead implications?
The recorded tax is $11,526 for 2025. As an estimate only, Florida reassesses upon sale. At the $1,100,000 list price and a Miami-Dade rate near 2.0%, the estimated annual property tax would be about $22,000 without a homestead exemption, or about $21,000 with one, as the exemption lowers the taxable value for a primary residence.
These are estimates, not quotes. You must confirm all figures with the Miami-Dade Property Appraiser and a tax professional. For precise verification, contact Christopher Lazaro, Miami Beach Real Estate Expert.
Is the home in a flood zone, and what does that mean?
The property is located in a high-risk flood zone, specifically FEMA Zone AE. This classification means there is at least a 1% annual chance of flooding, a standard that lenders use to mandate flood insurance. You can review the official FEMA definitions and View the FEMA flood map for this address for precise details.
To understand the specific insurance implications for this condominium listed at $1,100,000, contact Christopher Lazaro, Miami Beach Real Estate Expert, for a complete verification.
Are pets allowed?
Pets are allowed, with restrictions (or possible restrictions). We will pull the exact current pet rules from the condominium association for this specific unit upon request.
Separate federal accommodation rules apply for documented service or emotional support animals. For verification of the precise policy, please contact Christopher Lazaro, Miami Beach Real Estate Expert.
How is the price set and is there room to negotiate?
The price is set using a competitive market analysis for this specific building and vicinity. Recent Miami-Dade condo sales have been closing at 94% of list price, averaging 64 days on market. This suggests a defined negotiation range exists from the listed $1,100,000.
To establish the precise target for unit 504, I recommend a current Miami Beach CMA before you draft an offer. Contact Christopher Lazaro, Miami Beach Real Estate Expert, to verify the analysis and discuss strategy.
What financing step do you recommend before touring?
I recommend securing a mortgage pre-approval before scheduling a tour. This involves connecting with a Florida-licensed mortgage originator, which you can do here, to confirm your budget for a property like this one listed at $1,100,000.
Once you have that letter, reach out to me, Christopher Lazaro, to verify the financial details and arrange a viewing that fits your confirmed parameters.
Monthly Fees & Carrying Costs
| Association Fee | $2,605 / month |
| Total Monthly Fees | $2,605 / 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
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: LEXCELLENCE CONDO
Details
Updated on August 15, 2026 at 1:59 am-
Property ID A11947340
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Price $1,100,000
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Property Size 1510 Sq Ft
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Bedrooms 2
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Room 0
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Bathrooms 2
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Garage 1
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Year Built 1991
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Ceramic Floor
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Bedroom Features At Least 1 Bedroom Ground Level
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Cooling Central Air
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Association Type Condo
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Building LEXCELLENCE CONDO
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Association Fee Frequency Monthly
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Area Lexcellence Condo
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Annual Tax 11526
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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 No
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Full Bathrooms 2
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Subdivision LEXCELLENCE CONDO
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Total Stories 24
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Restrictions Ok To Lease, Okay To Lease 1st Year
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Maintenance Includes All Amenities
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Amenities Billiard Room, Child Play Area, Elevator(s), Exercise Room, Pool
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Parking 1 Space
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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 CBS Construction
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Building Area 1510
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Covered Spaces 1
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Middle School Nautilus
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Unit Floor 5
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View Intracoastal View, Ocean View, Pool Area View
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Year Built Details Effective Year Built
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High School Miami Beach
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Pets Allowed Yes
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Unit Number 504
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Half Bathrooms 0
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Flood Zone AE
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 2605
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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