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5005 Collins Avenue #1210, Miami Beach, FL, 33140

3beds
2baths
1,385sqft
$675,000
$487price/sqft
$5,331/moest. monthly cost
$213,240/yrincome needed

About This Home

Welcome to your coastal paradise! This southeast corner unit on the 12th floor offers breathtaking oceanfront and Intracoastal views from your private balcony. Featuring 3 bedrooms, 2 bathrooms, and in-unit washer and dryer, this residence is nestled in a full-service building designed to be your personal resort. Enjoy direct beach access, the South Beach boardwalk to the Fontainebleau. The building boasts resort-style amenities, including a heated pool, jacuzzi, gym, 24-hour concierge, valet parking, and more. Maintenance includes A/C, basic cable, water, and an assigned parking spot. Ideally located just minutes from shopping and restaurants—every day feels like a vacation! Motivated Seller!!!

Getting Around

63
WalkingSomewhat Walkable
47
TransitSome Transit
50
BikeBikeable

Schools

10/10
5/10
Nautilus Middle SchoolGrades 6-81.2 mi
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1964

Materials

  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Electric Water Heater,Refrigerator,Washer
  • Laundry features: Washer Dryer Install Allowed

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Bedroom on Main Level,Dining Area,Separate/Formal Dining Room,Tub Shower
  • Flooring: Tile

Heating & Cooling

  • Heating features: Other
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,385 sqft

Property

Details

  • Parcel number: 0232140181410
  • Special condition: Listed As-Is

Features

  • Entry location: First Floor Entry
  • Pool features: Association
  • Patio & porch: Open,Balcony
  • Exterior features: Balcony,Outdoor Living Area
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean
  • On waterfront: Yes
  • Waterfront features: None

Parking

  • Total spaces: 2
  • Parking features: Garage,Valet
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,413$40,956
Home Insurance *$594$7,128
Property Taxes $1,127$13,524
Electricity $197$2,366
Total$5,331$63,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$182,777/yr
40% on housing$159,930/yr
45% on housing$142,160/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$487This listing

vs Other Active Listings

Avg $/sqft

ZIP 33140$10,429
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33140$1,337
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-06-13Price change$675,000
2025-01-16Listed for sale$699,000
2017-12-27Listing removed$2,500
2017-11-20Listed for rent$2,500
1995-06-20Sold$210,000

For Sale by Agent

AgentMartine E Newman
BrokerageThe Newman Group, LLC

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