How do I schedule a tour of 5225 Collins Avenue 1408, Miami Beach, FL 33140?

Use the Tour button on this listing to request a showing of 5225 Collins Avenue 1408, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 5225 Collins Avenue 1408, Miami Beach, FL 33140 still available?

5225 Collins Avenue 1408, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 393 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 5225 Collins Avenue 1408, Miami Beach, FL 33140?

With 20% down ($130,000) on the $650,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5225 Collins Avenue 1408, Miami Beach, FL 33140 is about $3,416/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 5225 Collins Avenue 1408, Miami Beach, FL 33140?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5225 Collins Avenue 1408, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 5225 Collins Avenue 1408, Miami Beach, FL 33140 have an HOA fee?

Yes: 5225 Collins Avenue 1408, Miami Beach, FL 33140 carries an HOA fee of about $2,500 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

Can I negotiate the price of 5225 Collins Avenue 1408, Miami Beach, FL 33140?

Often, yes. The right offer on 5225 Collins Avenue 1408, Miami Beach, FL 33140 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Active

393 Days on Market

1 / 30

All Listings

$650,000

5225 Collins Avenue 1408

Miami Beach, FL 33140

THE ALEXANDER CONDO

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $650,000
Price per sq ft: $677
Vs. nearby sales: 29.9% above
Days on market: 393

This 2-bedroom condo in The Alexander Condo is listed at $650,000, or $677 per square foot. The asking price has come down 23.5% from its original $850,000. It has been on the market for 393 days. The 6 most recent condo sales in the closings shown below sold at a median of $521 per square foot, so the asking price is 29.9% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

960

Living Sq Ft

1962

Year Built

Estimated monthly payment

$3,416 /mo

Principal and interest only, based on $130,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,500/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $650,000
Days on Site: 393 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 960 sqft
Total Sq Ft: 960 sqft
Year Built: 1962
Property Type: Condo
MLS #: R11122020
Property Tax: $7,940 (2024)
HOA Fees: $2,500 / Monthly
Subdivision: THE ALEXANDER CONDO
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

AIRBNB PERMITTED - AMAZING INVESTMENT OPPORTUNITY IN MIAMI BEACH! TURNKEY - MOVE RIGHT IN OR START RENTING IMMEDIATELY. MOTIVATED SELLER. FULLY UPDATED 2 bedroom, 2 bathroom condo for sale - EVERYTHING IS BRAND NEW. SOLD FULLY FURNISHED. - Brand New A/c. Updated electrical. Modern finishes throughout. Direct BEACH ASSESS and resort style amenities. This is TRULY a rare opportunity for investors looking for high income potential in MIAMI BEACH.

Virtual Tour

General Features

Property Type: Condo
Status: Active
Year Built: 1962
Property Condition: Resale
Levels: Multi Split
Parking: Assigned
Direction Faces: East
Lot Size (Acres): 0
Living Sq Ft: 960
Total Sq Ft: 960
Structure Type: Multi Family
Sewer: Public Sewer
Zoning: 4100

Interior Features

Appliances: Dishwasher / Microwave / Refrigerator
Cooling: Central Air
Heating: Central
Flooring: Marble
Interior Features: Closet Cabinetry / Kitchen Island / Custom Mirrors / None / Pantry / Split Bedrooms / Separate Shower
Windows: Storm Windows
Main Level Bedrooms: 1
Main Level Baths: 2
Furnished: Furnished

Exterior Features

Construction: CBS Concrete Block Structure / Block / Concrete
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Association
Patio & Porch: Balcony
Waterfront Features: Ocean Access
View: Ocean

Community & HOA

HOA Fee: $2,500 / Monthly
HOA Includes: Insurance / Maintenance Structure / Pest Control / Security
Association Amenities: Beach Rights / Beach Access / Fitness Center / Laundry / Picnic Area / Pool / Restaurant / Spa Hot Tub / Sidewalks / Elevators
Community Features: Home Owners Association
Security: Security System / Key Card Entry / Lobby Secured / Security Guard
Utilities: Cable Available / Sewer Available
Pets Allowed: Breed Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: No Restrictions / Ok To Lease / Short Term Rentals Allowed
MLS Area: 2320

This home's HOA fee works out to $2,500 a month, 38% above the $1,808 median across 17 homes for sale in The Alexander Condo. See The Alexander Condo HOA fees

About the Community

The Alexander

View Community Details →

The Alexander Condo is a waterfront community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $479,000 to $9,900,000. Homes were built starting 1962. Pure Equity lists homes in The Alexander and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 17
Median List Price: $550,000
Median $/Sq Ft: $588
Avg Days on Market: 192

View all 17 homes for sale in The Alexander →

Frequently Asked Questions

How do I schedule a tour of 5225 Collins Avenue 1408, Miami Beach, FL 33140?: Use the Tour button on this listing to request a showing of 5225 Collins Avenue 1408, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 5225 Collins Avenue 1408, Miami Beach, FL 33140 still available?: 5225 Collins Avenue 1408, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 393 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 5225 Collins Avenue 1408, Miami Beach, FL 33140?: With 20% down ($130,000) on the $650,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5225 Collins Avenue 1408, Miami Beach, FL 33140 is about $3,416/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5225 Collins Avenue 1408, Miami Beach, FL 33140?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5225 Collins Avenue 1408, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5225 Collins Avenue 1408, Miami Beach, FL 33140 have an HOA fee?: Yes: 5225 Collins Avenue 1408, Miami Beach, FL 33140 carries an HOA fee of about $2,500 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 5225 Collins Avenue 1408, Miami Beach, FL 33140?: Often, yes. The right offer on 5225 Collins Avenue 1408, Miami Beach, FL 33140 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of LoKation

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$650,000

Interested in This Property?

Own a home near this one? See what it would sell for today

Listed by Eleonora Lisitskova, LoKation

Map & Location

Get Directions →

Featured Communities

Aquabella Homes for Sale$500,000 Satori Homes for Sale$832,000 Aston Martin Residences Homes for Sale$3,250,000 Kendall Homes for Sale Aventura Marina Homes for Sale$765,000 Star Island Homes for Sale Doral Estates Homes for Sale$3,238,500

See All Featured Communities →

Cities in Miami-Dade County

Miami Homes for Sale$639,000 Miami Beach Homes for Sale$650,000 Homestead Homes for Sale$449,000 Aventura Homes for Sale$465,000 Hialeah Homes for Sale$480,000 Doral Homes for Sale$570,000 North Miami Homes for Sale$360,000 North Miami Beach Homes for Sale$529,000 Coral Gables Homes for Sale$1,950,000 Miami Gardens Homes for Sale$530,000 Cutler Bay Homes for Sale$600,000 Florida City Homes for Sale$399,990 Key Biscayne Homes for Sale$2,490,000 Pinecrest Homes for Sale$4,947,500 Bal Harbour Homes for Sale$2,865,000 Palmetto Bay Homes for Sale$1,475,000 Surfside Homes for Sale$1,150,000 Miami Lakes Homes for Sale$855,000 Miami Shores Homes for Sale$1,499,000 Opa-locka Homes for Sale$480,000 Sweetwater Homes for Sale$382,500 South Miami Homes for Sale$1,112,000 Miami Springs Homes for Sale$990,000 El Portal Homes for Sale$1,150,000 West Miami Homes for Sale$807,000

Property Types

Homes for Sale Luxury Homes New Construction Single-Family Homes Condos Townhouses Villas 55+ Communities

Recently sold homes in The Alexander Condo

These are the last 6 recorded closings in The Alexander Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $542 per square foot. The most recent closed on September 21, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.