THE PAVILION

5601 Collins Avenue # M5, Miami Beach FL 33140

2 beds · 2.5 baths · 1,335 ft²

Closed

$700,000

14.11%

Est. Payment $3,726/mo

MLS Sheet Video

2

Bedrooms

2.5

Bathrooms

1,335

Sq. Ft.

1996

Year Built

2

Garage

20

Stories

69

Days on Market

Description

Welcome to The Pavilion -- the ultimate expression of oceanfront living in the heart of Miami Beach's coveted Mid-Beach. Perfectly positioned directly on the sand, this rare oceanfront lanai residence offers breathtaking, unobstructed views of the Atlantic from nearly every room. Whether you're in the living room, kitchen, or spacious primary suite, the endless blue of the sea becomes your everyday backdrop. This oversized 1-bedroom + den / 2.5-bath residence (easily used as a 2-bedroom) spans 1,335 SF and features a private terrace with direct beach walk access -- a truly rare offering in the building. The spacious en-suite primary bedroom includes generous closet space, while the den with window functions perfectly as a second bedroom or office. The open-concept kitchen flows seamlessly into the expansive living area. Concrete walls between units provide exceptional privacy. Additional highlights include washer & dryer, storage room, new impact windows, and an assigned self-parking space conveniently located by the elevators -- in addition to complimentary covered valet parking. The Pavilion is a sought-after, full-service oceanfront building offering: Direct private beach access with complimentary lounge chairs, Heated oceanfront pool, Fully equipped fitness center & sauna, BBQ area for outdoor entertaining, 24/7 security & surveillance, Valet service, Bike storage & package delivery, Brand-new elevators, refreshed carpeting, and freshly painted hallways. Maintenance includes A/C, fiber-optic internet & cable, hot and cold water, gym access, barbecue area, and beach & pool lounges -- exceptional value and convenience. Short- and long-term rentals are permitted (minimum rental period is 6 days), offering outstanding flexibility for investors or owners seeking income potential. Pet-friendly and located in a very secure Mid-Beach neighborhood, the property sits along the beautifully lighted beach walk -- perfect for biking to South Beach or north toward Haulover Cut. Just minutes from world-renowned destinations such as Faena Hotel Miami Beach, The Miami Beach EDITION, and Soho House Miami, as well as Surfside, Bal Harbour, fine dining, shopping, and entertainment. Whether you're seeking a full-time beachfront residence, luxurious vacation retreat, or income-producing investment, this exceptional oceanfront property truly checks every box. Live the beachfront lifestyle you've always dreamed of. The monthly HOA is $1,600 + the following 3 assessments to keep the building up to code: $275.17 per month until 10/31/2028 $237.64 per month, until 07/31/2038 352.18 per month until 12/31/2039

Facts

MLS#
R11166368
Subdivision
THE PAVILION
Property Type
Residential
Property Sub Type
Condominium
Year Built
1996
Lot Size
0 acres
Sq. Ft.
1,335 ft²
Sq. Mt.
124 m²
Price per sq. ft.
$524/ft²
Price per sq. mt.
$5,645/m²
Stories
20
Garage
2 spaces
Pool
Private
Days on Market
69 days
Listed
Feb 24, 2026
Last Updated
May 18, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

48

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/18/2026Sold$700,000
4/14/2026Price change$700,000-14.1%
2/24/2026Listed for sale$815,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$4,459/mo

Principal & Interest

$3,726

Property Tax

$583

Insurance

$150

HOA

$0

20% ($140,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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