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$600,000

5161 Collins Avenue #515, Miami Beach, FL 33140

Bedrooms
2
Baths
2
Type
Condo
Year built
1966
HOA
$1,057 / mo HOA
On market
2 days on market
MLS #
A12106823

SEACOAST 5151 – MILLIONAIRE’S ROW! Fantastic opportunity to own a 2-bedroom, 2-bath residence on the 5th floor with spectacular DIRECT OCEAN VIEWS overlooking the tropical pool deck! Laminate wood flooring throughout. Bring your vision and transform this residence into your dream oceanfront retreat. Enjoy the Miami Beach lifestyle with amenities including valet parking, security, mini-market, fitness center, tiki bar, jacuzzi, beach club with chairs and umbrellas, and beauty salon. Ideally located on 51st Street, with convenient access to the Miami Beach Beachwalk for seaside strolls and enjoying the oceanfront lifestyle. The pool is currently under construction, with anticipated completion in December 2026. GREAT PRICE! FIRM PRICE. CASH ONLY.

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.

  • Position in the area’s price distributionThe asking price is $600,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is close to the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,057 per month comes to $12,684 a year — 2.1% 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%$180,000
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$2,908
Loan amount
$420,000
Total interest over the term
$626,878
Total repaid
$1,046,878

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

Marlin Real Estate, Inc.

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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