Home›5445 Collins Avenue P2

Residential in Miami Beach

Live the ultimate Miami Beach lifestyle or maximize your investment portfolio with this spectacular, fully renovated two-story direct oceanfront condo at 5445 Collins Avenue. Offered at $1,385,000, this sprawling 2,070-square-foot residence perfectly blends the expansive feel of a single-family home with the luxury of high-rise coastal living.With zero rental restrictions and an active, successful short-term rental history on VRBO, this turnkey property is a premier income-producing powerhouse on Millionaire's Row. Even more lucrative for savvy investors: the building sits on a massive 4+ acre oceanfront lot, positioning owners for a massive windfall as major developers consistently compete to buy out the complex at a premium

Property Highlights

View

  • Ocean
  • Direct Ocean

Cooling

  • Ceiling Fan(s)
  • Central Air
  • Electric

Fencing

  • Fenced

Heating

  • Central
  • Electric

Flooring

  • Concrete

Amenities

  • Business Center
  • Cabana
  • Clubhouse
  • Community Room
  • Elevator(s)
  • Fitness Center
  • Laundry
  • Management
  • Parking
  • Sauna
  • Spa/Hot Tub
  • Tennis Court(s)
  • Trash Chute

Appliances

  • Dishwasher
  • Dryer
  • Electric Range
  • Microwave
  • Refrigerator
  • Washer

Possession

  • Negotiable

Water View

  • Direct Ocean
  • Ocean

Dining Area

  • DiningLiving Room

Pets Allowed

  • Cats OK
  • Dogs OK

Water Access

  • Other

Listing Terms

  • Cash
  • Conventional

Balcony Details

  • Balcony - Open

ParkingFeatures

  • Assigned
  • Attached
  • Attached Garage
  • Covered
  • Garage
  • Valet

Pets Allowed YN

  • Yes

Association Type

  • Condominium

ExteriorFeatures

  • Balcony
  • Lighting

InteriorFeatures

  • Elevator
  • High Ceilings
  • Walk-In Closet(s)

Main Living Area

  • Entry Level

Parking Features

  • Assigned
  • Covered
  • Valet
  • Attached
  • Attached Garage
  • Garage

SecurityFeatures

  • Closed Circuit Camera(s)
  • Fire Alarm
  • Security Fence
  • Security System
  • Smoke Detector(s)

Unit Description

  • High Rise

Exterior Features

  • Lighting

Interior Features

  • Elevator
  • High Ceilings
  • Walk-In Closet(s)

Security Features

  • Closed Circuit Camera(s)
  • Fire Alarm
  • Security Fence
  • Security System
  • Smoke Detector(s)

Master BedroomBath

  • Bedroom On Entry Level
  • Dual Sinks
  • Separate Shower
  • Separate Tub

Property Condition

  • Resale
  • UpdatedRemodeled

WaterfrontFeatures

  • Other
  • Ocean

Special Information

  • Sold As-Is

Waterfront Features

  • Ocean

AssociationAmenities

  • Business Center
  • Cabana
  • Clubhouse
  • Community Room
  • Elevator(s)
  • Fitness Center
  • Laundry
  • Management
  • Parking
  • Sauna
  • Spa/Hot Tub
  • Tennis Court(s)
  • Trash Chute

Showing Requirements

  • Showing Service

Outdoor Living Spaces

  • Balcony

Construction Materials

  • CBS

Application Information

  • Association Approval Required

Association Fee Includes

  • Cable TV
  • Common Areas
  • Elevator
  • Insurance
  • Internet
  • LegalAccounting
  • Maintenance Grounds
  • Pool Service
  • Recreation Facility
  • Reserve Funds
  • Security
  • Sewer
  • Trash
  • Water

Leasing Permitted Details

  • Okay To Lease
  • Okay To Lease During First Year
  • Short Term Rentals Allowed

Leasing

  • Minimum lease: 1 day
  • Leases per year: 365
  • Okay to lease: Yes

Property Details

Property TypeResidential
StyleCondominium
Year Built1966
CountyMiami-Dade
SubdivisionCASTLE BEACH CLUB CONDO
Living Area2,070 sq ft
Bedrooms2
Baths3
Half Baths1
WaterfrontYes
Unit NumberP2
HOA Fee$1,527 / Monthly
HOA IncludesRecreation Facility, Pool Service, Cable TV, Common Areas, Elevator, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Reserve Funds, Security, Sewer, Trash, Water
Annual Tax$8,555 (2026)
Special AssessmentNo
Pets AllowedCats OK, Dogs OK, Yes
Listing OfficeElite Ocean View Realty LLC
Listing AgentTeodoro Palmieri
Office Phone305-600-1278

5445 Collins Avenue P2, Miami Beach, FL 33140