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$550,000was $580,000

5601 Collins Ave #622

2 bd · 2 ba · 930 sq ft

Asking price cut 5.2% on August 31, from $580,000.

83 days on marketCondominiumWaterfront

Listing courtesy of Ocean Pavilion Realty Group LLC. 305-527-5497

From the MLS

Bedrooms
2
Bathrooms
2
Living area
930 sq ft
Asking per square foot
$591
Year built
1968
Association fee
$0 monthly
ZIP code
33140
MLS number
A12033745

What the listing says

Experience the pinnacle of coastal luxury living in this absolutely remodeled, turnkey oceanfront residence on prestigious Collins Avenue. This pristine unit has been masterfully converted into a sophisticated 1-bedroom and a complete versatile interior room and two beautifully appointed full bathrooms. No expense was spared in the upscale finishes, offering a seamless blend of modern elegance and beachside comfort. Wake up to dynamic views of Collins Avenue and step right out onto the sand and beach walk. Designed for the discerning buyer, this property comes fully turnkey—ready for you to move right in or immediately start generating income. Whether you are looking for a private luxury oasis or a high-performing addition to your investment portfolio, this building features a highly lucrative rental program that maximizes ROI. Enjoy unbeatable proximity to Miami Beach’s finest dining, shopping, and nightlife. A true coastal gem and an absolute must-see! Special assessment: $195.94 till 10/28, $250.78 till 12/39 and $169.21 till 7/38. Total monthly $1843.08

Description supplied by Ocean Pavilion Realty Group LLC.

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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