$690,000
5601 Collins Avenue 505
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
- $690,000
- Price per sq ft
- $742
- Original price
- $769,000
- Days on market
- 236
This 2-bedroom condo in The Pavilion Condo is listed at $690,000, or $742 per square foot. The asking price has come down 10.3% from its original $769,000. It has been on the market for 236 days.
Estimated monthly payment
$3,626 /mo
Principal and interest only, based on $138,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,201/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $690,000
- Days on Site
- 236 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Living Area
- 930 sqft
- Total Sq Ft
- 930 sqft
- Year Built
- 1968
- Property Type
- Condo
- MLS #
- A11977899
- Property Tax
- $8,390 (2025)
- HOA Fees
- $1,201 / Monthly
- Subdivision
- THE PAVILION CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Beautiful direct ocean front residence with breathtaking ocean views from almost every room. the spacious unit features two bedrooms and two full bathrooms, an exceptional floor plan, and abundant closet space throughout.The building offers outstanding amenities including a magnificent fully equipped gym, a heated swimming pool, BBQ area in the backyard, and a 24 hours security for comfort and peace of mind.Short terms rentals (VRBO) are permitted, making this property and excellent income-producing investment or the perfect place to relax and enjoy life by the peaceful ocean.
General Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1968
- Property Condition
- Resale
- Number of Stories
- 18
- Garage Spaces
- 1
- Living Sq Ft
- 930
- Total Sq Ft
- 930
Interior Features
- Appliances
- Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- None
- Flooring
- Tile
- Interior Features
- Bedroom On Main Level
Exterior Features
- Construction
- Block
- Exterior Features
- Barbecue / Lighting / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Private / Association / Heated
- Patio & Porch
- Deck / Patio
- Waterfront
- Yes
- Waterfront Features
- Beach Access / Deeded Access / Ocean Front
- View
- Ocean
Community & HOA
- HOA Fee
- $1,201 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hvac / Hot Water / Insurance / Internet / Maintenance Grounds / Maintenance Structure / Pest Control / Pools / Security / Trash
- Association Amenities
- Bike Storage / Cabana / Fitness Center / Laundry / Management / Picnic Area / Pool / Parking / Trash / Elevators
- Security
- Smoke Detectors / Security Guard
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2320
This home's HOA fee works out to $1,201 a month, in line with 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 505, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5601 Collins Avenue 505, 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 505, Miami Beach, FL 33140 still available?
- 5601 Collins Avenue 505, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 236 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 505, Miami Beach, FL 33140?
- With 20% down ($138,000) on the $690,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5601 Collins Avenue 505, Miami Beach, FL 33140 is about $3,626/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 505, 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 505, 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 505, Miami Beach, FL 33140 have an HOA fee?
- Yes: 5601 Collins Avenue 505, Miami Beach, FL 33140 carries an HOA fee of about $1,201 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 505, Miami Beach, FL 33140?
- 5601 Collins Avenue 505, 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 505, Miami Beach, FL 33140?
- Often, yes. The right offer on 5601 Collins Avenue 505, 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 Galiano Realty 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.
$690,000
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Listed by Maxima S Beckman, Galiano Realty 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.
