NOT LISTED FOR SALE

Pavillion Condo 5601 Collins Ave Unit 5 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $680,000 - $818,000

1 Bed
1 Bath
930 Sq Ft
$810/Sq Ft Est. Value

About This Home

***UPDATE*** UNIT IS RESERVED THROUGH 5/23/25

Beautifully furnished direct oceanfront apartment on the 5th floor of a 17 story quiet residential building. Located on 56th and Collins. This unit is decorated with contemporary furnishings with every comfort in mind.

Unit has a large living room featuring a comfortable sectional with floor to ceiling impact glass sliding doors leading to large balcony with patio set overlooking Collins Avenue and Inter-coastal. 65’ LED TV.

Dining room seats 6. Fully equipped kitchen with microwave, toaster, coffee machine, etc.
Separate Half bath.

Convenience of having a washer and dryer inside the unit. Additional large capacity machines located on each floor.

Master bedroom consists of 2 queen sized beds, dresser and 42’ Led TV. Window treatments allow clear view shade and blackout for night. Master bath With plenty of clean white linens and plenty of closet space.
Iron/ironing board. Hairdryer in the unit.
Free high speed WIFI with private unit internet WiFi password.
Unit includes Free Valet parking.

Building features lobby with 24 security, fitness center, large pool, paved beach boardwalk, direct beach access with chairs for use by residents/tenants.

Occupancy: Up to 4 persons. No nightly rentals accepted. Lease must be signed illustrating all terms and conditions. A $500 deposit is required to reserve the unit and returned immediately upon departure after inspection.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2014
Sold by
Pasol Investments Llc
Bought by
Siepert Lars and Siepert Regine
Current Estimated Value
$753,481

Purchase Details

Closed on
Mar 16, 2013
Sold by
Bree David N
Bought by
Pasol Investments Llc

Purchase Details

Closed on
Dec 1, 1999
Sold by
Waters Jerome F
Bought by
Bree David N

Purchase Details

Closed on
Apr 29, 1996
Sold by
Gispert Jorge A and Gispert Tania C
Bought by
Waters Jerome F

Purchase Details

Closed on
Jun 21, 1994
Sold by
Crescent Hgts 40 Inc
Bought by
Gispert Jorge A and Gispert Tania C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.73%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
Siepert Lars $530,000 Attorney
Pasol Investments Llc $344,000 Dba Ewm Title
Bree David N $175,000 --
Waters Jerome F $165,000 --
Gispert Jorge A $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bree David N $140,000
Previous Owner Gispert Jorge A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Off Market $3,950 -- --
03/23/2025 03/23/25 Price Changed $3,950 -1.3% $4 / Sq Ft
02/20/2025 02/20/25 Price Changed $4,000 -2.4% $4 / Sq Ft
02/08/2025 02/08/25 For Rent $4,100 -- --

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
2025 $8,309 $420,862 -- --
2024 $8,096 $382,602 -- --
2023 $8,096 $347,820 $0 $0
2022 $6,561 $330,620 $0 $0
2021 $6,014 $300,564 $0 $0
2020 $5,409 $290,000 $0 $0
2019 $4,814 $248,400 $0 $0
2018 $5,190 $276,000 $0 $0
2017 $5,252 $275,816 $0 $0
2016 $6,697 $344,770 $0 $0
2015 $6,831 $344,770 $0 $0
2014 $5,388 $265,210 $0 $0
Source: Public Records

About Pavillion Condo

Map

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5601 Collins Ave Unit 5, Miami Beach, FL

This home is located at 5601 Collins Ave Unit 5, Miami Beach, FL 33140 and is currently estimated at $753,481, approximately $810 per square foot. 5601 Collins Ave Unit 5 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.

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