$2,950,000

5775 Collins Ave #1005, Miami Beach, FL 33140

Bedrooms
2
Baths
3
Living area
1,245 ft²
Price per ft²
$2,369 / ft²
Type
Condo
Year built
2021
HOA
$3,232 / mo HOA
On market
2 days on market
MLS #
A12100712

Step Inside With Me! Enter a world of luxury at 57 Ocean, a boutique jewel on the sands of Miami Beach. A private foyer leads to an elegant living space with floor-to-ceiling windows illuminating natural light throughout. The open, split floor plan has been adorned with Poliform baths and kitchen with marble waterfall island and premium Subzero/Wolf appliances. Custom closets, cabinetry, and motorized shades add to the refined ambiance. The expansive 12-foot deep terrace offers over 500sf of outdoor living space with western sunsets to admire. With just 69 residences, 57 Ocean provides a discreet setting with 5-star amenities including concierge services, fitness studio, restaurant, club room spa, beach service, and both oceanfront and sunset pools. Minutes to Nobu, Faena and Soho House.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $2,369. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 291% above the median.
  • Position in the area’s price distributionThe asking price is $2,950,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 400% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $3,232 per month comes to $38,784 a year — 1.3% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$885,000
Term

7.28% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 1, 2026.

Estimated monthly payment$14,129
Loan amount
$2,065,000
Total interest over the term
$3,021,434
Total repaid
$5,086,434

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Douglas Elliman

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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