$564,000
5225 Collins Avenue 1516
Miami Beach, FL 33140
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $564,000
- Price per sq ft
- $588
- Vs. nearby sales
- 12.9% above
- Days on market
- 38
This 2-bedroom condo in The Alexander Condo is listed at $564,000, or $588 per square foot. It has been on the market for 38 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 12.9% above what comparable homes here actually sold for.
Estimated monthly payment
$2,964 /mo
Principal and interest only, based on $112,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,807/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $564,000
- Days on Site
- 38 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 #
- A12078502
- Property Tax
- $7,140 (2025)
- HOA Fees
- $1,807 / Monthly
- Subdivision
- THE ALEXANDER CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Excellent opportunity in Miami Beach! This 2-bedroom, 2-bathroom residence at The Alexander Condo offers 960 sq. ft. in an oceanfront building on prestigious Collins Avenue. Ideal for buyers looking for a Miami Beach residence with the flexibility to enjoy the property during their stays while also taking advantage of the building’s rental options, subject to condominium rules and regulations. Enjoy direct beach access, resort-style amenities, pools, valet parking and more. Conveniently located near dining, shopping and entertainment. A great opportunity to own a residence in Miami Beach that combines personal enjoyment with rental flexibility. Easy to show.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1962
- Property Condition
- Updated Remodeled
- Number of Stories
- 17
- Garage Spaces
- 1
- Parking
- Covered / Valet
- Living Sq Ft
- 960
- Total Sq Ft
- 960
Interior Features
- Appliances
- Dishwasher / Electric Range / Electric Water Heater / Microwave
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Other
- Interior Features
- Family Dining Room / Main Level Primary / Pantry / Separate Shower
- Total Rooms
- 1
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Lighting / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / No Fixed Bridges
- View
- Ocean / Skyline / Water
Community & HOA
- HOA Fee
- $1,807 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hot Water / Internet / Maintenance Grounds / Maintenance Structure / Pools / Water
- Association Amenities
- Clubhouse / Pool / Trails / Elevators
- Security
- Elevator Secured / Fire Alarm / Key Card Entry / Other
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease / Short Term Rentals Allowed
- MLS Area
- 2320
This home's HOA fee works out to $1,807 a month, in line with the $1,808 median across 17 homes for sale in The Alexander Condo. See The Alexander Condo HOA fees
Schools
- Elementary School
- North Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
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
- 191
Frequently Asked Questions
- How do I schedule a tour of 5225 Collins Avenue 1516, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5225 Collins Avenue 1516, 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 1516, Miami Beach, FL 33140 still available?
- 5225 Collins Avenue 1516, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 38 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 1516, Miami Beach, FL 33140?
- With 20% down ($112,800) on the $564,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5225 Collins Avenue 1516, Miami Beach, FL 33140 is about $2,964/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 1516, 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 1516, 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 1516, Miami Beach, FL 33140 have an HOA fee?
- Yes: 5225 Collins Avenue 1516, Miami Beach, FL 33140 carries an HOA fee of about $1,807 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5225 Collins Avenue 1516, Miami Beach, FL 33140?
- 5225 Collins Avenue 1516, Miami Beach, FL 33140 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5225 Collins Avenue 1516, Miami Beach, FL 33140?
- Often, yes. The right offer on 5225 Collins Avenue 1516, 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 EXP Realty LLC
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 September 1, 2026.
$564,000
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Listed by Rina Giulietta Pangourelis, EXP Realty LLC
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Recent Sales
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.
Sold$450,000
Sold · September 21, 2026
5225 Collins Avenue 1214
2 bed · 2 bath · 960 sqft · $469/sqft
$50,000 under the asking price
Sold$520,000
Sold · September 18, 2026
5225 Collins Avenue 1606
2 bed · 2 bath · 960 sqft · $542/sqft
$30,000 under the asking price
Sold$480,000
Sold · May 12, 2026
5225 Collins Avenue 1108
2 bed · 2 bath · 960 sqft · $500/sqft
$25,000 under the asking price
Sold$622,500
Sold · April 15, 2026
5225 Collins Avenue 1411
2 bed · 2 bath · 960 sqft · $648/sqft
$76,500 under the asking price
Sold$460,000
Sold · March 24, 2026
5225 Collins Avenue 1403
1 bed · 1.5 bath · 790 sqft · $582/sqft
$29,000 under the asking price
Sold$425,000
Sold · February 12, 2026
5225 Collins Avenue 1216
2 bed · 2 bath · 960 sqft · $443/sqft
$14,000 under the asking price
See every recorded sale in The Alexander Condo or find out what your The Alexander Condo home is worth.
