$497,200
5600 E Collins Avenue 5B
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
- $497,200
- Price per sq ft
- $418
- Vs. nearby sales
- 6.3% below
- Days on market
- 28
This 2-bedroom condo in 5600 Condo is listed at $497,200, or $418 per square foot. The asking price has come down 0.2% from its original $498,000. It has been on the market for 28 days. The 6 most recent condo sales in the closings shown below sold at a median of $446 per square foot, so the asking price is 6.3% below what comparable homes here actually sold for.
Estimated monthly payment
$2,613 /mo
Principal and interest only, based on $99,440 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,455/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $497,200
- Days on Site
- 28 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,190 sqft
- Total Sq Ft
- 1,190 sqft
- Year Built
- 1967
- Property Type
- Condo
- MLS #
- A12085782
- Property Tax
- $6,854 (2025)
- HOA Fees
- $1,455 / Monthly
- Subdivision
- 5600 CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Spacious 2-bedroom, 2-bathroom residence at 5600 Collins Ave #5B, offering 1,190 sq. ft. on Miami Beach’s prestigious Millionaire’s Row. This well designed layout features elegant wood floors, a modern kitchen with updated appliances, and an in unit washer and dryer. Impact windows in the bedrooms and a large private balcony offer comfort, peace of mind, and effortless indoor outdoor living.5600 Collins is a full service waterfront building featuring marina access, a heated pool, fitness center, spa, on site restaurant, and a recently renovated lobby. The comprehensive maintenance fee includes cable, high-speed internet, water, and air conditioning. Offering exceptional versatility, the pet friendly building features a flexible rental policy allowing 30 day minimum stays, seasonal leases, or annual rentals. Whether you are seeking a primary residence, a seasonal getaway, or a high performing investment property, this turnkey condo delivers. Prime location directly across from the beach with seamless access to the oceanfront boardwalk.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1967
- Number of Stories
- 18
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Assigned / Attached / Covered / Garage
- Direction Faces
- East
- Living Sq Ft
- 1,190
- Total Sq Ft
- 1,190
Interior Features
- Appliances
- Dryer / Dishwasher / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile / Laminate
- Interior Features
- Bedroom On Main Level / Family Dining Room / Separate Shower / Walk In Closets
- Windows
- Blinds
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Exterior Features
- Balcony / Barbecue / Courtyard / Outdoor Living Area
- Pool Features
- Association / Heated
- Patio & Porch
- Deck / Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access / No Fixed Bridges / Ocean Access
- View
- Ocean / Other
Community & HOA
- HOA Fee
- $1,455 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Internet / Legal Accounting / Pest Control / Sewer / Security / Trash / Water
- Association Amenities
- Bike Storage / Business Center / Pool / Parking
- Security
- Closed Circuit Cameras / Lobby Secured / Security Guard
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional / Other
- Restrictions
- No Truck / No Trailer Parking / Okay To Lease1st Year / Ok To Lease / See Remarks
- MLS Area
- 2320
This home's HOA fee works out to $1,455 a month, in line with the $1,455 median across 14 homes for sale in 5600 Condo. See 5600 Condo HOA fees
Schools
- Elementary School
- North Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
5600 Condo is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $495,000 to $2,800,000. At least one resident per home must be 55 or older. Pure Equity lists homes in 5600 Condo 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
- 14
- Under Contract
- 0
- Median List Price
- $724,500
- Median $/Sq Ft
- $537
- Avg Days on Market
- 126
Frequently Asked Questions
- How do I schedule a tour of 5600 E Collins Avenue 5B, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5600 E Collins Avenue 5B, 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 5600 E Collins Avenue 5B, Miami Beach, FL 33140 still available?
- 5600 E Collins Avenue 5B, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 28 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 5600 E Collins Avenue 5B, Miami Beach, FL 33140?
- With 20% down ($99,440) on the $497,200 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5600 E Collins Avenue 5B, Miami Beach, FL 33140 is about $2,613/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 5600 E Collins Avenue 5B, Miami Beach, FL 33140?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5600 E Collins Avenue 5B, 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 5600 E Collins Avenue 5B, Miami Beach, FL 33140 have an HOA fee?
- Yes: 5600 E Collins Avenue 5B, Miami Beach, FL 33140 carries an HOA fee of about $1,455 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 5600 E Collins Avenue 5B, Miami Beach, FL 33140?
- 5600 E Collins Avenue 5B, 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 5600 E Collins Avenue 5B, Miami Beach, FL 33140?
- Often, yes. The right offer on 5600 E Collins Avenue 5B, 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 Insignia International Properties
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 10, 2026.
$497,200
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Listed by Michael A Rasch, Insignia International Properties
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Recent Sales
Recently sold homes in 5600 Condo
These are the last 6 recorded closings in 5600 Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $446 per square foot. The most recent closed on August 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$529,000
Sold · August 21, 2026
5600 Collins Avenue 15B
2 bed · 2 bath · 1,190 sqft · $445/sqft
Sold$400,000
Sold · June 17, 2026
5600 Collins Avenue 5C
2 bed · 2 bath · 1,190 sqft · $336/sqft
$95,000 under the asking price
Sold$415,000
Sold · April 3, 2026
5600 Collins Avenue 10A
1 bed · 1 bath · 930 sqft · $446/sqft
$14,000 under the asking price
Sold$455,000
Sold · March 25, 2026
5600 Collins Avenue 5L
1 bed · 1 bath · 930 sqft · $489/sqft
$14,900 under the asking price
Sold$525,000
Sold · March 20, 2026
5600 Collins Avenue 7V
2 bed · 2 bath · 1,190 sqft · $441/sqft
$5,000 over the asking price
Sold$2,400,000
Sold · January 28, 2026
5600 Collins Avenue PH C
2 bed · 2 bath · 2,100 sqft · $1,143/sqft
See every recorded sale in 5600 Condo or find out what your 5600 Condo home is worth.
