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Back to results5005 Collins Ave
For sale

5005 Collins Ave

Miami Beach, FL 33140

$809,999

$600/ft²

2Beds
2Baths
1,350Sq ft
1964Year built
CondoType

About this home

Fabulous oceanfront property! Escape to your own paradise & indulge in private resort-style coastal living. Take strolls down the 9-mile long Beachwalk while enjoying the soothing sights & sounds of the turquoise ocean. Live worry-free in a sought after vacation spot all yr. round & enjoy the exclusive amenities of the gated well maintained Carriage Club North on prestigious Millionaire's Row: 24/7 front desk attendant,security guard,valet service,beach chairs,heated pool,hot tub,fitness gym,party room,library,pool tables,beauty salon,paddle+surfboard rack,bike room,marina,smart elevator Fri-Sat on automatic & all incl.fiber optic high speed Internet/central HVAC/hot water/storage.Spacious 2 bed/2 bath split fl. plan,walk-in shower,bathtub-shower combo,2huge walk-in closets,enlarged covered balcony, impact windows,2 separate A/C AHU/thermostats,only 1neighboring wall in the 2nd bedrm,laundry rm conveniently right across the hallway, 2 adjacent garage corner spots. Enjoy the nice northern exposure w/ no direct heat from the sun,no traffic noise from the street,nor direct winds from the ocean.Reside right between Bal Harbour & SoBe,ride from the bus & free trolley stops in front of the bldg.,only minutes away famous places of fine dining,incredible nightlife,luxurious shopping,artsy Feanea district,trendy SoHo House & much more.The condo assoc. has fully funded reserves,bldg. passed 40yr recertification,exclusive smoke-free zone & no AirBnB/pets!Seller pays special assessments!

Features

  • Waterfront

Property details

Listing

MLS #
A12046907
Status
For sale
Listed on
Jul 1, 2026
Days on market
40 days
Listing data updated
Aug 9, 2026

Interior

Beds
2
Baths
2
Living area
1,350 ft²
Price per ft²
$600/ft²
Unit
1224

Building & community

Type
Condo
Year built
1964
HOA fee
$1,761/mo
County
Miami-Dade

Lot & exterior

Waterfront
Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest)
$4,096
Property taxes (est.)
$743
Home insurance (est.)
$600
Flood insurance (est.)
HOA fee
$1,761

Estimated total$7,200*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?

Location

Mortgage calculator

$4,096/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.

Equal Housing Opportunity

This listing is courtesy of Sterling Equity Realty LLC.

Adanna Becker · 305-491-4416 · adanna@sterlingequityrealty.com · 305-804-4848

Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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