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$525,000

5445 Collins Ave #BAY11, Miami Beach, FL 33140

Bedrooms
1
Baths
1
Living area
900 ft²
Price per ft²
$583 / ft²
Type
Condo
Year built
1966
HOA
$1,315 / mo HOA
On market
2 days on market
MLS #
A12108380

Excellent opportunity to own Bay 11 at Castle Beach Club, a desirable oceanfront condominium located on Collins Avenue in Miami Beach. This spacious unit offers an exceptional opportunity for personal use, a vacation getaway, or investment in a prime beachfront location. Castle Beach Club is an Airbnb-friendly building, offering potential for short-term rental income, subject to condominium rules and applicable regulations. Enjoy direct beach access, resort-style amenities, and a convenient location near South Beach, restaurants, shopping, and entertainment. Don’t miss this opportunity to own in one of Miami Beach’s sought-after oceanfront communitie

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 $583. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 4% below the median.
  • Position in the area’s price distributionThe asking price is $525,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 11% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,315 per month comes to $15,780 a year — 3.0% 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%$157,500
Term

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

Estimated monthly payment$2,544
Loan amount
$367,500
Total interest over the term
$548,518
Total repaid
$916,018

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

Design Suites Real Estate

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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