5445 Collins Avenue, Miami Beach, FL 33140 (MLS# A12029398)

5445 Collins Avenue, Miami Beach, FL 33140

$2,400,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12029398

Property Type: Residential Income Status: Active

Current Price: $2,400,000 List Date: 6/23/2026 Last Modified: 7/06/2026

Overview

Description

Unique investment opportunity featuring a package of 6 fully furnished studio residences at Castle Beach Club, located directly on the ocean in the heart of Miami Beach’s prestigious Millionaire’s Row. This income-producing portfolio includes units 1730, 1232, 1424, 928, 724, and 1203, offering exceptional flexibility for short-term rentals, vacation stays, or Airbnb operations with no rental limitations. The building offers resort-style amenities including beachfront access, swimming pool, fitness center, valet parking, and on-site conveniences, all just minutes from South Beach, Lincoln Road, and Bal Harbour Shops. Strong rental demand and Miami Beach’s year-round tourism make this an attractive opportunity for investors seeking immediate cash flow and future value appreciation.

Listing Details MLS# A12029398

General Property Information

Number Of Units Total: 4
Property Sub Type: Duplex
Year Built: 1966
Parking Total: Yes
Waterfront YN: Yes
Stories Total: 18
Pool Private YN: Yes
Water Frontage Feet: 0

Property Features

Documents Available: Other Available Information Flooring: Tile Property Condition: Resale Structure Type: Duplex Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Listing Terms: Cash; Conventional; Cryptocurrency; Other Lot Features: Other Pool Features: Other Possession: Negotiable Roof: Other Special Information: Corporate Owned Tax Information: Tax Reflects No Exemptions Utilities: Cable Available; Sewer Available Water Access: Deeded Beach Access; Ocean Access Waterfront Features: Ocean Front Showing Requirements: 24 Hour Notice; Call Listing Agent Unit 1 Parking Features: Other Unit 1 Rooms: Kitchen Unit 2 Parking Features: Other Unit 3 Parking Features: Other Unit 4 Parking Features: Open Parking

Contract Information

Comp Sale YN: No
Original List Price: 2400000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 5445
Street Name: Collins
Street Suffix: Avenue
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33140
Postal Code +4: 2561
Postal Zip: 33140
Subdivision Name: CASTLE BEACH CLUB CONDO
Area: 2320
Elementary School: North Beach
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Special Assessment YN: No
Parcel Number: 0230000000000
Subdivision Number: 21
Zoning: 22
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 5235
Association Fee Frequency: Monthly
Estimated Monthly Assoc Recurring Fee: 5235
Tax Annual Amount: 35903
Tax Year: 2025
Tax Legal Description: CASTLE BEACH CLUB CONDO UNIT 1730 UNDIV 0.001541% INT IN COMMON ELEMENTS OFF REC 15285-1869 OR 16776-1146 16794-0852 0595 1

Status Change Information

Major Change Timestamp: 2026-06-23T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-01

More Information

Income and Expenses

Gross Income: 400

Unit 1 Details

Baths Full: Yes
Efficiency YN: No
Furnished: Furnished
SqFt: 430

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Baths Full: Yes
Efficiency YN: No
Furnished: Furnished
SqFt: 400

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Baths Full: Yes
Efficiency YN: No
SqFt: 350

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 400
Baths Full: Yes
Efficiency YN: No

Unit 4 Lease Description

Currently Leased YN: Yes

Section Details

Parcel Number MLX: 3770

Originating Details

Originating System Key: 503237181
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes

Property Condition

Resale: Yes

Special Information

Corporate Owned: Yes

Documents Available

Other Available Information: Yes

Structure Type

Duplex: Yes

Possession

Negotiable: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes

Heating

Central: Yes

Water Access

Deeded Beach Access: Yes
Ocean Access: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Cryptocurrency: Yes
Other: Yes

Lot Features

Other: Yes

Pool Features

Other: Yes

Roof

Other: Yes

Waterfront Features

Ocean Front: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Parking Features

Other: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Parking Features

Other: Yes

Unit 3 Parking Features

Other: Yes

Unit 4 Parking Features

Open Parking: Yes

Listing Office: Golden Keys Inc

Last Updated: July - 06 - 2026

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