$445,000
SOLD MAR 6, 2025

Pavillion Condo 5601 Collins Ave Unit 1123 Miami Beach, FL 33140

Oceanfront Neighborhood
1 Bed
1.5 Baths
930 Sq Ft
$874/mo HOA Fee

Recently Sold

$478 Per Sq Ft

27% Below List Price

129 Days on Market

Highlights

  • Valet Parking
  • Ocean View
  • Waterfront
  • North Beach Elementary School Rated A-
  • Property has ocean access
  • Balcony

About This Home

As of March 2025

This elegant 930 sqft 1 Bed, 1.5 Bath condo is a rare gem, offering a spacious sanctuary for relaxation. With impact windows and doors, you’ll enjoy peace and tranquility, complemented by direct access to the boardwalk and beach, complete with convenient towel and chair service. The building is currently undergoing extensive renovations, enhancing hallways, elevators, and more, ensuring a modern and inviting atmosphere.
Residents can indulge in top-notch amenities, including a heated pool, fitness center, 24/7 security, front desk service, and valet parking—complete with one valet spot and additional storage. Seasonal rentals and Airbnb are permitted, making this a prime investment opportunity. Don't let this chance pass you by; bring your offers today!

Last Agent to Sell the Property

Walter Vivancos

Epic Choice Realty License #3152321 Listed on: 09/20/2024

Last Buyer's Agent

Maria Jose Diaz Mendizabal

Fortune Christie's International Real Estate License #3065456

Fortune Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,528

Year Built

  • Built in 1968

HOA Fees

  • $874 Monthly HOA Fees

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 930 Sq Ft Home
  • Tile Flooring
  • Video Cameras

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Property has ocean access

Additional Features

  • Accessible Elevator Installed
  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-062-2940

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • The Pavilion Condos
  • The Pavilion Condo Subdivision
  • 12-Story Property

Amenities

  • Valet Parking
  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,528

Year Built

Built in 1968

Lot Details

0

HOA Fees

$874 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Entry Level: 11
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE PAVILION CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 930
  • Possible Use: Investment
  • Stories: 12
  • Bedroom Features: Other

Exterior Features

  • View: Canal, Ocean View, Water View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE PAVILION
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Guard At Site, TV Camera

Condo/Co-op/Association

  • Association Fee: 874
  • Amenities: Elevator(s), Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-062-2940
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6528

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Feb 26, 2025
Sold by
Aleman Victor and Aleman Xiomara
Bought by
Joben5 Llc
Seller's Agent
Walter Vivancos
Epic Choice Realty
Buyer's Agent
Maria Jose Diaz Mendizabal
Fortune Christie's International Real Estate
List Price
$610,000
Sold Price
$445,000
Premium/Discount to List
-$165,000
-27.05%
Total Days on Market
129
Views
2
Current Estimated Value
$465,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,353
Avg. Annual Appreciation
18.01%

Purchase Details

Closed on
Jun 1, 1994
Sold by
Crescent Heights 40 Inc
Bought by
Aleman Victor and Aleman Ciomara
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $445,000 Ads Title
Deed $101,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $445,000 -1.1% $478 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $450,000 -10.0% $484 / Sq Ft
12/10/2024 12/10/24 Price Changed $499,900 -8.3% $538 / Sq Ft
11/27/2024 11/27/24 Price Changed $544,900 +20.0% $586 / Sq Ft
11/25/2024 11/25/24 Price Changed $454,000 -25.6% $488 / Sq Ft
09/20/2024 09/20/24 For Sale $610,000 -- $656 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,528 $332,616 -- --
2023 $6,528 $302,379 $0 $0
2022 $5,280 $274,890 $0 $0
2021 $4,825 $249,900 $0 $0
2020 $4,608 $238,000 $0 $0
2019 $5,081 $262,200 $0 $0
2018 $5,190 $276,000 $0 $0
2017 $4,798 $251,980 $0 $0
2016 $4,733 $238,631 $0 $0
2015 $4,565 $216,938 $0 $0
2014 $4,068 $197,217 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Walter Vivancos

    Seller's Agent in 2025

    Walter Vivancos

    Epic Choice Realty

    (786) 402-4821

    1 in this area

    129 Total Sales

    Walter Vivancos
    Section Image
  • Maria Jose Diaz Mendizabal

    Buyer's Agent in 2025

    Maria Jose Diaz Mendizabal

    Fortune Christie's International Real Estate

    (305) 926-2725

    22 in this area

    62 Total Sales

    Maria Jose Diaz Mendizabal
    Section Image
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About Pavillion Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11663411

MIAMI REALTORS® MLS

APN: 02-3211-062-2940

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5601 Collins Ave Unit 1123, Miami Beach, FL

This home is located at 5601 Collins Ave Unit 1123, Miami Beach, FL 33140 and is currently priced at $445,000, approximately $478 per square foot. This property was built in 1968. 5601 Collins Ave Unit 1123 is a home with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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