Real Estate by Fania — Stefania Riverin
(786) 828-0091

$490,000was $499,000

5161 Collins Ave #310

1 bd · 2 ba · 930 sq ft

Asking price cut 1.8% on August 27, from $499,000.

78 days on marketCondominiumWaterfront
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Listing courtesy of Serhant. 646-480-7665

From the MLS

Bedrooms
1
Bathrooms
2
Living area
930 sq ft
Asking per square foot
$527
Year built
1966
Association fee
$887 monthly
ZIP code
33140
MLS number
A12035142

What the listing says

Exceptional investment opportunity on prestigious Millionaire’s Row in Miami Beach. This spacious 1-bedroom, 1.5-bath residence offers flexible rental options, allowing short-term rentals up to 12 times per year. Enjoy resort-style living with a heated oceanfront pool, hot tub, fitness center, tiki bar, convenience store, hair salon, and direct beach access with chairs and umbrellas. Whether you're seeking a vacation retreat, primary residence, or income-producing asset, this property delivers the perfect blend of lifestyle, flexibility, and investment potential. SPECIAL assesment $948 until 01/2027.

Description supplied by Serhant.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

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