5600 Collins Ave # 5R, Miami Beach FL 33140, MIAMI BEACH, FL, 33140
Active158 days on marketListed Mar 13, 2026MLS #A11982848
About this home
5600 Collins Ave # 5R, Miami Beach FL 33140
Beautiful 2BD/2BA apartment with amazing direct Bay views, located in the heart of Millionaire’s Road. Fully furnished and featuring washer and dryer inside the unit and one assigned covered parking space. Enjoy spectacular bay views from the residence. Building amenities include fitness center, billiard/card room, restaurant, marina, business center, pool and much more. Very easy to show. Available April 2026
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,190
Sqft
1
Garage
1967
Year built
$4
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$196 /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
$196/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.
$/sqft vs 5600 CONDO
$4 vs $475
Days on market
158 vs 91 typical
Where $4/sqft sits among the 9 homes for sale in 5600 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 9
5600 CONDO have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the MIAMI BEACH 33140 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 5600 Collins Ave # 5R
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$600,000
5600 Collins Ave # 14H, Miami Beach FL 33140 · same community
2 bd · 2 ba · 1,190 sqft · $504/sqft · 137 DOM
Sold · Mar ’26$525,000
5600 Collins Ave # 7V, Miami Beach FL 33140 · same community
2 bd · 2 ba · 1,190 sqft · $441/sqft · 303 DOM
Sold · Oct ’25$550,000
5600 Collins Ave # 10J, Miami Beach FL 33140 · same community
2 bd · 2 ba · 1,190 sqft · $462/sqft · 172 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
Moe Thouk Oo
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5600 Collins Ave # 5R — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5600 Collins Ave # 5R — before you fall in love.
See it in person
Schedule a tour
Live availability from Moe's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5600 Collins Ave # 5R FAQs
What would the monthly payment be for 5600 Collins Ave # 5R, Miami Beach FL 33140?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $196/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 5600 Collins Ave # 5R, 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 $5,000, this home is listed about 99% below the Miami Beach median of $649,450. The market section on this page shows how the area is trending.
Which schools are assigned to 5600 Collins Ave # 5R, 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
Three things that matter here
01Under the MIAMI BEACH 33140 market on paper
$5,000 is 99% below the MIAMI BEACH 33140 median of $389,500, and at $4/sqft it sits under the Miami Beach average of $1,073.
02Bay views
The bay view is part of what you're buying — views hold value independently of the structure.
03Strong 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 Unique International Properties · Paula Sanchez. MLS #A11982848.
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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