What is the asking price and what does it include?

The list price for 5880 Collins Ave # 1007, Miami Beach FL 33140 is $499,900. The property is a Condominium with 2 bedrooms, 2 bathrooms, approximately 959 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 5880 Collins Ave # 1007, Miami Beach FL 33140 in Miami Beach, 33140. Coordinates are approximately 25.840907, -80.1217907. 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 499,900 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 5880 Collins Ave # 1007, 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.

Home
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Home
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Selling
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Contact

Get Pre-Approved !

Home
Buying
Selling
Property Search
Contact

Get Pre-Approved !

Home
Condominium
5880 Collins Ave # 1007, Miami Beach FL 33140 | Miami-Dade County | A12020672

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5880 Collins Ave # 1007, Miami Beach FL 33140 | Miami-Dade County | A12020672

5880 Collins Ave # 1007, Miami Beach FL 33140

Residential Active

$499,900

25 More

Type
Condominium

2
Bedrooms

2
Bathrooms

1
Garage

959 Square Feet
Area Size

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Residential Active

5880 Collins Ave # 1007, Miami Beach FL 33140 | Miami-Dade County | A12020672

5880 Collins Ave # 1007, Miami Beach FL 33140

$499,900

Description

MUST-SEE OPPORTUNITY! Beautifully remodeled 2-bedroom, 2-bathroom residence featuring 959 sq. ft. of interior living space and an oversized balcony with breathtaking views of the ocean, Intracoastal, downtown Miami, and Biscayne Bay.

Located in Miami Beach, this property offers the ultimate blend of luxury, lifestyle, and investment potential. The building features excellent amenities, including a pool, clubhouse, gated guest parking, and 1 assigned covered parking space. Shared W/D located same floor

Perfect as a primary residence, vacation home, or investment property. Rentals are allowed immediately with a minimum 30-day lease term.

Address

Open on Google Maps

Address: Collins Ave
City: Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33140
Area: LA RIVE GAUCHE CONDO

Details

Updated on June 1, 2026 at 4:26 pm

Property ID A12020672
Price $499,900
Property Size 959 Square Feet
Bedrooms 2
Bathrooms 2
Garage 1
Year Built 1989
Type Condominium
Property Status Residential

Additional details

AssociationAmenities Laundry, Elevator(s), Pool
AssociationFee 1034
AssociationFeeFrequency Monthly
BathroomsFull 2
BathroomsHalf 0
BuildingAreaTotal 959
BuildingAreaUnits Square Feet
BuildingName LA RIVE GAUCHE CONDO
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-05-08
Cooling Central Air
CoveredSpaces 1
DaysOnMarket 24
DoorFeatures High Impact Doors
ElementarySchool North Beach
EntryLevel 10
ExpirationDate 2026-11-30
Flooring Tile, Wood
Heating Central
HighSchool Miami Beach
Inclusions Restricted Salt Water Access
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Common Area
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-355-2501
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor La Rive Gauche Condo
MajorChangeTimestamp May 18, 2026 at 07:58pm
MajorChangeType New
MiddleOrJuniorSchool Nautilus
MlsStatus Active
ModificationTimestamp June 1, 2026 at 05:30pm
NumberOfUnitsInCommunity 83
NumberOfUnitsTotal 83
OnMarketDate 2026-05-08
OriginalEntryTimestamp May 18, 2026 at 07:58pm
OriginalListPrice 499900
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 02-32-11-055-0790
ParkingFeatures 1 Space, Assigned, Guest
PetsAllowed Restrictions Or Possible Restrictions
PhotosChangeTimestamp May 18, 2026 at 08:02pm
PhotosCount 30
Possession Funding
PostalCode 33140
PostalCodePlus4 2206
PriceChangeTimestamp May 17, 2026 at 11:31pm
PublicSurveyRange 32
PublicSurveySection 11
PublicSurveyTownship 32
RoomsTotal 0
SecurityFeatures Fire Sprinklers, Smoke Detector, Secured Garage/Parking, Lobby Secured, Other, TV Camera
ShowingInstructions Appointment Only
SourceSystemKey 479242285
StateOrProvince FL
StatusChangeTimestamp May 18, 2026 at 07:58pm
StoriesTotal 14
StreetName Collins Ave
StreetNumber 5880
StreetNumberNumeric 5880
StructureType Condo 5+ Stories, Condo
SyndicationRemarks MUST-SEE OPPORTUNITY! Beautifully remodeled 2-bedroom, 2-bathroom residence featuring 959 sq. ft. of interior living space and an oversized balcony with breathtaking views of the ocean, Intracoastal, downtown Miami, and Biscayne Bay. Located in Miami Beach, this property offers the ultimate blend of luxury, lifestyle, and investment potential. The building features excellent amenities, including a pool, clubhouse, gated guest parking, and 1 assigned covered parking space. Shared W/D located same floor Perfect as a primary residence, vacation home, or investment property. Rentals are allowed immediately with a minimum 30-day lease term.
TaxAnnualAmount 6691
TaxLegalDescription LA RIVE GAUCHE CONDO UNIT 1007 UNDIV O.0134626 INT IN COMMON ELEMENTS OFF REC 14338-2449 OR 21292-1379 05 2003 4 COC 22885-2343 10 2004 1
TaxYear 2025
UnitNumber 1007
View Ocean View, Other View, Water View
WaterfrontFeatures Ocean Front
YearBuiltDetails Resale