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5801 Collins Ave APT 1200, Miami Beach, FL, 33140

5beds
7baths
4,599sqft
$4,299,000
$935price/sqft
$32,578/moest. monthly cost
$1,303,120/yrincome needed

About This Home

Welcome to Residence 1200 at Villa di Mare, an exclusive oceanfront boutique building of just twelve residences in Mid Miami Beach. This stunning 4,600 square foot full floor retreat boasts 5 bedrooms, 6.5 bathrooms, and panoramic views that stretch from ocean to bay to city skyline. A wraparound terrace invites endless sunrises & sunsets, while the sleek Boffi kitchen and open living spaces make entertaining effortless. The oceanfront primary suite features dual walk-in closets and dual ensuite baths with heated floors, with 4 Additional guest bedrooms. This Residence includes a poolside cabana complete with a shower as well 3 side by side parking spaces & a storage space in the garage. Conveniently positioned beside The Bath Club and La Gorce Country Club, with Bal Harbour Shops and South Beach moments away, this is Miami Beach living at its most captivating.

Getting Around

63
WalkingSomewhat Walkable
47
TransitSome Transit
56
BikeBikeable

Schools

10/10
5/10
Nautilus Middle SchoolGrades 6-81.9 mi
4/10

Construction

Condition

  • Year built: 2002

Materials

  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Ice Maker,Microwave,Electric Range,Refrigerator,Oven,Washer
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Features

  • Built-in Features,Elevator,Entrance Foyer,Other,Pantry
  • Window features: Blinds,Sliding
  • Flooring: Marble

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 4,599
  • Total interior livable area: 4,599 sqft

Property

Details

  • Parcel number: 0232140280090
  • Attached to another structure: Yes

Features

  • Entry location: Foyer
  • Exterior features: Balcony
  • Spa features: Community
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean
  • On waterfront: Yes
  • Waterfront features: Ocean Front

Lot

  • Features: East Of Us1

Parking

  • Total spaces: 3
  • Parking features: 2 Or More Spaces,Assigned
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    HurricaneRelatively High
  • 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 $21,738$260,856
Home Insurance *$3,787$45,444
Property Taxes $6,591$79,092
Electricity $462$5,553
Total$32,578$390,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,116,960/yr
40% on housing$977,340/yr
45% on housing$868,746/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

$935This listing

vs Other Active Listings

Avg $/sqft

ZIP 33140$10,420
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)

Price History

DateEventPrice
2026-05-05Price change$4,299,000
2026-04-30Listed for rent$30,000
2026-03-16Listed for sale$4,500,000
2026-03-15Listing removed$30,000
2026-03-07Listing removed$4,980,000
2025-05-14Price change$30,000
2025-04-30Price change$4,980,000
2025-03-17Listed for rent$45,000
2025-03-13Listed for sale$5,600,000
2025-01-20Listing removed$5,799,000
2024-12-01Listed for sale$5,799,000
2024-10-09Listing removed$5,800,000
2024-08-19Listed for sale$5,800,000
2024-08-19Listing removed--
2024-04-16Listed for rent$30,000
2024-03-29Listed for sale$6,100,000
2022-02-22Sold$4,350,000
2022-01-04Contingent$4,595,000
2021-11-16Listed for sale$4,595,000
2004-04-02Sold$1,755,000

For Sale by Agent

AgentDevin Kay
BrokerageDouglas Elliman

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