5401 Collins Ave # 340, Miami Beach FL 33140, MIAMI BEACH, FL, 33140
Active207 days on marketListed Jan 21, 2026MLS #A11949111
About this home
5401 Collins Ave # 340, Miami Beach FL 33140
Oceanfront elegance on prestigious Millionaire’s Row! Welcome to this stunning 2-bedroom, 2-bath townhouse-style residence perched on the top floor of the iconic Carriage House at 5401 Collins Ave. This residence offers true Miami Beach resort-style living with direct private beach access and entry to the newly completed, lighted oceanfront boardwalk—perfect for walking, jogging, biking, or rollerblading. The unit features a private balcony with breathtaking ocean, pool, garden, and beach views, floor-to-ceiling windows in the primary bedroom, custom built-out closets, in-unit washer/dryer, and an open layout. The Carriage House is a full-service oceanfront building offering exceptional amenities, including a heated Olympic-size pool, jacuzzi, ocean-view gym, sauna, tennis, basketball and racquetball courts, picnic areas, assigned covered parking, and 24-hour security/front desk. On-site conveniences include a restaurant, mini-market, beauty and nail salon, tailor/dry cleaning services. Jewish-friendly features, including an on-site synagogue and Shabbat elevator, adding unmatched convenience for residents seeking these amenities. Building has completed its full recertification and major upgrades. Maintenance includes water, basic cable, internet, and access to all resort-style amenities. Ideally located minutes from South Beach, Bal Harbour, worldclass dining, shopping, and nightlife, this is the perfect place to call home or enjoy as a luxury beachfront escape.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,230
Sqft
1
Garage
1967
Year built
$467
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.
$5,808 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,808/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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
−18.5%
$/sqft vs THE CARRIAGE HOUSE CONDO
$467 vs $561
Days on market
207 vs 91 typical
Where $467/sqft sits among the 12 homes for sale in THE CARRIAGE HOUSE 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 Oceanfront
Get to know Miami Beach. See the full Miami Beach guide →
Oceanfront — neighborhood snapshot
Population
11,235
Median age
48
Median income
$110,561
Median home value
$633,292
Avg household
2
Households w/ children
959
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
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
0 of 12
THE CARRIAGE HOUSE CONDO have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 48% 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 5401 Collins Ave # 340
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$600,000
5401 Collins Ave # 1220, Miami Beach FL 33140 · same community
1 bd · 2 ba · 1,050 sqft · $571/sqft · 243 DOM
Sold · Mar ’26$800,000
5401 Collins Ave # 102, Miami Beach FL 33140 · same community
2 bd · 2.5 ba · 1,430 sqft · $559/sqft · 50 DOM
Sold · Nov ’25$330,000
5401 Collins Ave # 511, Miami Beach FL 33140 · same community
2 bd · 2 ba · 980 sqft · $337/sqft · 92 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
Tyler Stoddard
REALTOR · CENTURY 21 Edge
Tours, negotiation, and every question about 5401 Collins Ave # 340 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5401 Collins Ave # 340 — before you fall in love.
See it in person
Schedule a tour
Live availability from Tyler's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5401 Collins Ave # 340 FAQs
What would the monthly payment be for 5401 Collins Ave # 340, Miami Beach FL 33140?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,808/mo — principal and interest, the actual property-tax bill, the $1,865/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 5401 Collins Ave # 340, Miami Beach FL 33140?+
The association fee works out to $1,865 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5401 Collins Ave # 340, Miami Beach FL 33140?+
The most recent tax bill on record (2024) was $5,575. 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 5401 Collins Ave # 340, Miami Beach FL 33140?+
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 $575,000, this home is listed about 12% below the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5401 Collins Ave # 340, Miami Beach FL 33140?+
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
$575,000 runs 48% above the MIAMI BEACH 33140 median — but at 1,230 sqft it's also 28% larger than the typical Miami Beach listing.
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 $1,865/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
207 days on market against a Miami Beach median of 91 — 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 Edwin Vega Realty LLC · Gino Russo-Folco. MLS #A11949111.
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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