, MIAMI BEACH, FL, 33140
Active487 days on marketListed Mar 19, 2025MLS #A11762004
About this home
Stunning 2 bedroom, 1.5 bath apartment with amazing Intracoastal and Miami Skyline views. Fully remodeled offering direct ocean views from the open kitchen, featuring stainless steel appliances and a designer living room. Spacious en suite master bedroom, the second bedroom is a den with window. The building allows short-term rentals, making it perfect for living full-time, as a vacation home, or renting out when you’re not using it. Amenities include a gym, pool, beach lounge chairs, valet parking, and 24-hour security. ALL included: AC, fiber optic INTERNET&CABLE, hot/cold water, bike storage, package delivery, gym, barbecue area, and use of beach/pool lounges. Brand-new elevators. New carpeting and freshly painted hallways. Live the beachfront lifestyle you’ve always dreamed of!
Facts & features
The home at a glance
2
Bedrooms
1.5
Bathrooms
930
Sqft
1
Garage
1968
Year built
$558
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$5,288 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$5,288/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−12.4%
$/sqft vs THE PAVILION CONDO
$558 vs $558
Days on market
487 vs 80 typical
Where $558/sqft sits among the 24 homes for sale in THE PAVILION CONDO
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Miami Beach
Get to know Miami Beach. See the full Miami Beach guide →
MIAMI BEACH 33140 — neighborhood snapshot
Population
19,455
Median age
40.9
Median income
$103,898
Median home value
$863,600
Avg household
2.3
Households w/ children
1,748
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$1.0M → $8.7M
Miami Beach median sold, yr/yr
97.9%
Sale-to-list ratio (12 mo)
2 of 24
THE PAVILION CONDO have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 33% above the MIAMI BEACH 33140 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$765,000
5601 Collins Ave # 1409, Miami Beach FL 33140 · same community
2 bd · 2 ba · 930 sqft · $823/sqft · 239 DOM
Sold · Sep ’25$605,000
5601 Collins Ave # 1203, Miami Beach FL 33140 · same community
1 bd · 1.5 ba · 930 sqft · $651/sqft · 158 DOM
Sold · Apr ’26$765,000
5601 Collins Ave # 5, Miami Beach FL 33140 · same community
1 bd · 2 ba · 930 sqft · $823/sqft · 441 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kemarie Johnson
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
FAQs
What would the monthly payment be for ?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $5,288/mo — principal and interest, the actual property-tax bill, the $1,154/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at ?+
The association fee works out to $1,154 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on ?+
The most recent tax bill on record (2024) was $8,268. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at ?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami Beach?+
At $519,000, this home is listed about 48% below the Miami Beach median of $995,000. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
North Beach Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$519,000 runs 33% above the MIAMI BEACH 33140 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $1,154/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
487 days on market against a Miami Beach median of 80 — sellers in this position are usually ready to negotiate.
05Strong assigned schools
North Beach Elementary School, Miami Beach Nautilus Middle School, Miami Beach Senior High School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — North Beach Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Lumer Real Estate · Luciana Gortari Vammalle. MLS #A11762004.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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