$450,000
5601 Collins Avenue 423
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
- $450,000
- Price per sq ft
- $484
- Vs. nearby sales
- 12.6% below
- Days on market
- 143
This 1-bedroom condo in The Pavilion Condo is listed at $450,000, or $484 per square foot. The asking price has come down 16.7% from its original $540,000. It has been on the market for 143 days. The 6 most recent condo sales in the closings shown below sold at a median of $554 per square foot, so the asking price is 12.6% below what comparable homes here actually sold for.
Estimated monthly payment
$2,365 /mo
Principal and interest only, based on $90,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,118/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $450,000
- Days on Site
- 143 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 1
- Partial Baths
- 1
- Living Area
- 930 sqft
- Total Sq Ft
- 930 sqft
- Year Built
- 1968
- Property Type
- Condo
- MLS #
- A11965448
- Property Tax
- $6,902 (2025)
- HOA Fees
- $1,118 / Monthly
- Subdivision
- THE PAVILION CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
DON'T MISS this excellent investment opportunity on Millionaire's Row! Completely remodeled with 1 bedroom and 2 converted dens, turn-key furnished and ready for short term rentals right away! New hurricane windows and doors already in place. Spacious balcony with intracoastal views. Amenities include valet parking, large heated pool, gym, picnic & BBQ area right on the beach! Association fee includes cable, internet and air conditioning.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1968
- Number of Stories
- 18
- Garage Spaces
- 1
- Parking
- Assigned / Valet
- Direction Faces
- West
- Living Sq Ft
- 930
- Total Sq Ft
- 930
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile / Tile
- Interior Features
- Bedroom On Main Level / Other
- Windows
- Blinds
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Beach Access / Deeded Access / Ocean Access / Ocean Front
- View
- City / Intercoastal
Community & HOA
- HOA Fee
- $1,118 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Internet / Maintenance Structure / Roof / Sewer / Security / Trash / Water
- Association Amenities
- Fitness Center / Maintenance Grounds / Laundry / Other / Pool / Parking / Trash / Elevators
- Security
- Security System / Elevator Secured / Secured Garage Parking
- Utilities
- Cable Available
- Pets Allowed
- No
- Financing Terms
- Cash / Conventional
- Restrictions
- Okay To Lease1st Year / Other Restrictions / Ok To Lease
- MLS Area
- 2320
This home's HOA fee works out to $1,118 a month, 5% below the $1,175 median across 29 homes for sale in The Pavilion Condo. See The Pavilion Condo HOA fees
Schools
- Elementary School
- North Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
The Pavilion Condo is a waterfront community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $485,000 to $890,000. Homes were built starting 1968. Pure Equity lists homes in The Pavilion 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
- 29
- Under Contract
- 1
- Median List Price
- $620,000
- Median $/Sq Ft
- $545
- Avg Days on Market
- 194
Frequently Asked Questions
- How do I schedule a tour of 5601 Collins Avenue 423, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5601 Collins Avenue 423, 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 5601 Collins Avenue 423, Miami Beach, FL 33140 still available?
- 5601 Collins Avenue 423, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 143 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 5601 Collins Avenue 423, Miami Beach, FL 33140?
- With 20% down ($90,000) on the $450,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5601 Collins Avenue 423, Miami Beach, FL 33140 is about $2,365/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 5601 Collins Avenue 423, Miami Beach, FL 33140?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5601 Collins Avenue 423, 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 5601 Collins Avenue 423, Miami Beach, FL 33140 have an HOA fee?
- Yes: 5601 Collins Avenue 423, Miami Beach, FL 33140 carries an HOA fee of about $1,118 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 5601 Collins Avenue 423, Miami Beach, FL 33140?
- 5601 Collins Avenue 423, 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 5601 Collins Avenue 423, Miami Beach, FL 33140?
- Often, yes. The right offer on 5601 Collins Avenue 423, 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 Brier Real Estate Group
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.
$450,000
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Listed by Adriana Brier, Brier Real Estate Group
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Recent Sales
Recently sold homes in The Pavilion Condo
These are the last 6 recorded closings in The Pavilion Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $591 per square foot. The most recent closed on October 6, 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$620,000
Sold · October 6, 2026
5601 Collins Avenue 1420
2 bed · 2 bath · 1,290 sqft · $481/sqft
$130,000 under the asking price
Sold$550,000
Sold · August 3, 2026
5601 Collins Avenue 511
1 bed · 1.5 bath · 930 sqft · $591/sqft
$60,000 under the asking price
Sold$595,000
Sold · July 27, 2026
5601 Collins Avenue 711
1 bed · 1.5 bath · 930 sqft · $640/sqft
$15,000 under the asking price
Sold$765,000
Sold · July 14, 2026
5601 Collins Avenue 1409
2 bed · 2 bath · 930 sqft · $823/sqft
$60,000 under the asking price
Sold$505,000
Sold · May 15, 2026
5601 Collins Avenue 720
2 bed · 2 bath · 1,290 sqft · $391/sqft
$40,000 under the asking price
Sold$690,000
Sold · May 12, 2026
5601 Collins Avenue M5
2 bed · 2.5 bath · 1,335 sqft · $517/sqft
$10,000 under the asking price
See every recorded sale in The Pavilion Condo or find out what your The Pavilion Condo home is worth.
