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Condominium

5225 Collins Avenue # 1408

5225 Collins Avenue # 1408, Miami Beach FL 33140 Get directions

$650,000

For Sale 3D Tour

Price cut: $50,000 (−7.1%)

2 Beds · 2 Baths · 960 SqFt

See estimated monthly cost

This listing is courtesy of LoKation. Eleonora Lisitskova

Overview

AIRBNB PERMITTED - AMAZING INVESTMENT OPPORTUNITY IN MIAMI BEACH! TURNKEY - MOVE RIGHT IN OR START RENTING IMMEDIATELY. MOTIVATED SELLER. FULLY UPDATED 2 bedroom, 2 bathroom condo for sale - EVERYTHING IS BRAND NEW. SOLD FULLY FURNISHED. - Brand New A/c. Updated electrical. Modern finishes throughout. Direct BEACH ASSESS and resort style amenities. This is TRULY a rare opportunity for investors looking for high income potential in MIAMI BEACH.

Facts & features

Interior

Living area (sq ft): 960
Full bathrooms: 2
Furnished: Furnished,Furniture Only

Interior Hall
Lobby
Closet Cabinetry
Cooking Island
Custom Mirrors
Pantry
Split Bedroom

Building & exterior

Year built: 1962
Pool: Yes
Waterfront: Yes

Ocean
Direct Ocean
Ocean View
Ocean Access
East Of Us1
Assigned

HOA (homeowners association)

Association fee: $2,500 per month

Barbecue
Gated
Laundry
Community Pool
Elevator(s)
Exercise Room
Laundry Facility
Pool
Private Pool
Security Patrol
Spa/Hot Tub
Daily Rentals Allowed
No Restrictions
Yes

Taxes

Annual tax: $7,939
Tax year: 2024
Parcel number: 02-32-14-019-1000

Listing

MLS number: R11122020
Property type: Condominium
Price per SqFt: $677
Subdivision: THE ALEXANDER CONDO
On market since: Sep 7, 2025
Days on market: 432

Price history

Date	Event	Price	Change
Sep 7, 2025	Listed	$850,000	—
Aug 14, 2026	Price change	$650,000	−$50,000 (−7.1%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$6,936 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $3,287
Property tax: $662
Insurance (estimated): $488
Association fee: $2,500

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

The Montessori Academy at St. John''s Private · PK-02 · 0.56 mi

$499,999 View details

3D Tour

My Realty Group, LLC.

For Sale

5225 Collins Ave # 1509, Miami Beach FL 33140

2 Beds · 2 Baths · 960 Sq Ft

$2,595/mo HOA

$699,000 View details

Douglas Elliman

For Sale

5225 Collins Ave # 1015, Miami Beach FL 33140

2 Beds · 2 Baths · 960 Sq Ft

$1,808/mo HOA

$522,000 View details

Marcos Real Estate Svcs, Inc.

For Sale

5225 Collins Ave # 714, Miami Beach FL 33140

2 Beds · 2 Baths · 960 Sq Ft

$1,807/mo HOA

$525,000 View details

3D Tour

Marcos Real Estate Svcs, Inc.

The Alexander

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