$690,000
Sold · May 12, 2026
5601 Collins Avenue M5
Miami Beach, FL 33140
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $690,000
- Vs. list price
- 1.4% under
- Days on market
- 69
- Price per sq ft
- $517
This 2-bedroom condo in The Pavilion sold for $690,000 on May 12, 2026. That was 1.4% below its final list price of $700,000. It first came on the market at $815,000, so the price was adjusted before it sold. It spent 69 days on the market. At $517 per square foot, it closed 3.5% below the $536 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $690,000
- Sold On
- May 12, 2026
- Days on Site
- 69 Days
- Bedrooms
- 2
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 1,335 sqft
- Total Sq Ft
- 1,335 sqft
- Year Built
- 1996
- Property Type
- Condo
- MLS #
- R11166368
- Property Tax
- $9,437 (2025)
- HOA Fees
- $1,600 / Monthly
- Subdivision
- THE PAVILION
- County
- Miami Dade
- Status
- Sold
About This Property
Welcome to The Pavilion -- the ultimate expression of oceanfront living in the heart of Miami Beach's coveted Mid-Beach. Perfectly positioned directly on the sand, this rare oceanfront lanai residence offers breathtaking, unobstructed views of the Atlantic from nearly every room. Whether you're in the living room, kitchen, or spacious primary suite, the endless blue of the sea becomes your everyday backdrop. This oversized 1-bedroom + den / 2.5-bath residence (easily used as a 2-bedroom) spans 1,335 SF and features a private terrace with direct beach walk access -- a truly rare offering in the building. The spacious en-suite primary bedroom includes generous closet space, while the den with window functions perfectly as a second bedroom or office. The open-concept kitchen flows seamlessly into the expansive living area. Concrete walls between units provide exceptional privacy. Additional highlights include washer & dryer, storage room, new impact windows, and an assigned self-parking space conveniently located by the elevators -- in addition to complimentary covered valet parking. The Pavilion is a sought-after, full-service oceanfront building offering: Direct private beach access with complimentary lounge chairs, Heated oceanfront pool, Fully equipped fitness center & sauna, BBQ area for outdoor entertaining, 24/7 security & surveillance, Valet service, Bike storage & package delivery, Brand-new elevators, refreshed carpeting, and freshly painted hallways. Maintenance includes A/C, fiber-optic internet & cable, hot and cold water, gym access, barbecue area, and beach & pool lounges -- exceptional value and convenience. Short- and long-term rentals are permitted (minimum rental period is 6 days), offering outstanding flexibility for investors or owners seeking income potential. Pet-friendly and located in a very secure Mid-Beach neighborhood, the property sits along the beautifully lighted beach walk -- perfect for biking to South Beach or north toward Haulover Cut. Just minutes from world-renowned destinations such as Faena Hotel Miami Beach, The Miami Beach EDITION, and Soho House Miami, as well as Surfside, Bal Harbour, fine dining, shopping, and entertainment. Whether you're seeking a full-time beachfront residence, luxurious vacation retreat, or income-producing investment, this exceptional oceanfront property truly checks every box. Live the beachfront lifestyle you've always dreamed of. The monthly HOA is $1,600 + the following 3 assessments to keep the building up to code: $275.17 per month until 10/31/2028 $237.64 per month, until 07/31/2038 352.18 per month until 12/31/2039
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1996
- Property Condition
- Resale
- Number of Stories
- 20
- Garage Spaces
- 2
- Parking
- Garage
- Direction Faces
- East
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,335
- Total Sq Ft
- 1,335
- Structure Type
- Multi Family
- Zoning
- R
Interior Features
- Appliances
- Dryer / Electric Range / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Interior Features
- None
- Laundry
- Inside / Laundry Closet
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 6
Exterior Features
- Construction
- Concrete
- Pool Features
- Association
- Waterfront
- Yes
- Waterfront Features
- Ocean Access / Ocean Front
Community & HOA
- HOA Fee
- $1,600 / Monthly
- HOA Includes
- Internet
- Association Amenities
- Beach Rights / Beach Access / Business Center / Elevators / Fitness Center / Pool
- Community Features
- Gated
- Security
- Gated Community
- Utilities
- Cable Available
- Pets Allowed
- No
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / Rental Restriction
- MLS Area
- 2320
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 M5, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5601 Collins Avenue M5, 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 M5, Miami Beach, FL 33140 still available?
- 5601 Collins Avenue M5, Miami Beach, FL 33140 is currently listed as Sold, and has been on the market 69 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 M5, Miami Beach, FL 33140?
- With 20% down ($140,000) on the $700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5601 Collins Avenue M5, Miami Beach, FL 33140 is about $3,679/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 M5, 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 M5, 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 M5, Miami Beach, FL 33140 have an HOA fee?
- Yes: 5601 Collins Avenue M5, Miami Beach, FL 33140 carries an HOA fee of about $1,600 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 M5, Miami Beach, FL 33140?
- 5601 Collins Avenue M5, 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 M5, Miami Beach, FL 33140?
- Often, yes. The right offer on 5601 Collins Avenue M5, 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 Florida Listings Real Estate
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 July 1, 2026.
$690,000
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Listed by Alexey Kogan, Florida Listings Real Estate
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Recent Sales
Recently sold homes in The Pavilion
These are the last 6 recorded closings in The Pavilion, 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$580,000
Sold · March 4, 2026
5601 Collins Avenue 820
2 bed · 2 bath · 1,290 sqft · $450/sqft
$79,000 under the asking price
See every recorded sale in The Pavilion or find out what your The Pavilion home is worth.
