How do I schedule a tour of 5601 Collins Avenue 720, Miami Beach, FL 33140?

Use the Tour button on this listing to request a showing of 5601 Collins Avenue 720, 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 720, Miami Beach, FL 33140 still available?

5601 Collins Avenue 720, Miami Beach, FL 33140 is currently listed as Sold, 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 5601 Collins Avenue 720, Miami Beach, FL 33140?

With 20% down ($109,000) on the $545,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5601 Collins Avenue 720, Miami Beach, FL 33140 is about $2,864/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 720, 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 720, 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 720, Miami Beach, FL 33140 have an HOA fee?

Yes: 5601 Collins Avenue 720, Miami Beach, FL 33140 carries an HOA fee of about $1,578 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 720, Miami Beach, FL 33140?

5601 Collins Avenue 720, 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 720, Miami Beach, FL 33140?

Often, yes. The right offer on 5601 Collins Avenue 720, 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.

Sold

38 Days on Market

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$505,000

Sold · May 15, 2026

5601 Collins Avenue 720

Miami Beach, FL 33140

THE PAVILION CONDO

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

Sale Summary

What this home sold for

Sold price: $505,000
Vs. list price: 7.3% under
Days on market: 38
Price per sq ft: $391

This 2-bedroom condo in The Pavilion Condo sold for $505,000 on May 15, 2026. That was 7.3% below its final list price of $545,000. It spent 38 days on the market. At $391 per square foot, it closed 29.4% below the $554 median of the 6 other condo sales in the recent closings shown below.

Bedrooms

Bathrooms

1,290

Living Sq Ft

1968

Year Built

Listing Snapshot

Sold Price: $505,000
Sold On: May 15, 2026
Days on Site: 38 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,290 sqft
Total Sq Ft: 1,290 sqft
Year Built: 1968
Property Type: Condo
MLS #: A11959066
Property Tax: $3,018 (2025)
HOA Fees: $1,578 / Monthly
Subdivision: THE PAVILION CONDO
County: Miami Dade
Status: Sold

About This Property

BEST PRICED IN BUILDING – Short-Term Rentals Allowed! Discover an exceptional oceanfront opportunity in Miami Beach where investment potential meets beachfront luxury. This beautifully maintained split-floor plan residence sits first row on the ocean with direct beach access and stunning bay views, offering the rare advantage of short-term rental flexibility in one of Miami Beach's most desirable locations. Enjoy complimentary beach chairs provided by this meticulously kept building while generating impressive rental income or creating your personalized coastal retreat. With generous closet space throughout and well-preserved original finishes, this unit presents the perfect canvas to customize to your exact vision and style. Whether you're an investor seeking maximum returns or a discerning buyer looking for beachfront value, this is your chance to own a piece of paradise at an unbeatable price in a prime oceanfront building. Maintenance includes cable, high-speed internet, and water. All building structural updates are complete, including brand new elevators, roof, hallways & more. No construction impact.

MLS media link

General Features

Property Type: Condo
Status: Sold
Year Built: 1968
Property Condition: Resale
Number of Stories: 18
Garage Spaces: 1
Direction Faces: West
Living Sq Ft: 1,290
Total Sq Ft: 1,290

Interior Features

Appliances: Dishwasher / Microwave / Refrigerator
Cooling: Central Air
Heating: Other
Flooring: Ceramic Tile
Interior Features: Bedroom On Main Level / Family Dining Room / Living Dining Room / Tub Shower
Windows: Blinds

Exterior Features

Construction: Block
Exterior Features: Balcony / Outdoor Living Area
Architectural Style: Stilt
Pool Features: Association
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Bayfront / Ocean Access / Ocean Front / Other
View: Bay

Community & HOA

HOA Fee: $1,578 / Monthly
HOA Includes: Common Areas / Internet / Legal Accounting / Maintenance Grounds / Maintenance Structure / Pools / Sewer / Security / Trash / Water
Association Amenities: Beach Rights / Clubhouse / Elevators / Fitness Center / Maintenance Grounds / Laundry / Management / Picnic Area / Pool / Trash
Security: Security System / Lobby Secured / Security Guard
Utilities: Cable Available
Pets Allowed: Pet Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: No Restrictions / See Remarks
MLS Area: 2320

Schools

Elementary School: North Beach
Middle School: Miami Beach Nautilus
High School: Miami Beach

About the Community

The Pavilion

View Community Details →

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

View all 29 homes for sale in The Pavilion →

Frequently Asked Questions

How do I schedule a tour of 5601 Collins Avenue 720, Miami Beach, FL 33140?: Use the Tour button on this listing to request a showing of 5601 Collins Avenue 720, 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 720, Miami Beach, FL 33140 still available?: 5601 Collins Avenue 720, Miami Beach, FL 33140 is currently listed as Sold, 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 5601 Collins Avenue 720, Miami Beach, FL 33140?: With 20% down ($109,000) on the $545,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5601 Collins Avenue 720, Miami Beach, FL 33140 is about $2,864/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 720, 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 720, 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 720, Miami Beach, FL 33140 have an HOA fee?: Yes: 5601 Collins Avenue 720, Miami Beach, FL 33140 carries an HOA fee of about $1,578 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 720, Miami Beach, FL 33140?: 5601 Collins Avenue 720, 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 720, Miami Beach, FL 33140?: Often, yes. The right offer on 5601 Collins Avenue 720, 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 Miami Beach 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 August 30, 2026.

$505,000

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Listed by Manuela Nieto, Miami Beach Real Estate Group

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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.