NOT LISTED FOR SALE

Pavillion Condo 5601 Collins Ave Unit 720 Floor 7 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $508,000 - $552,117

2 Beds
2 Baths
1,290 Sq Ft
$411/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2026

Last sale price $505,000 $391 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,763 / mo

37 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Clubhouse
  • North Beach Elementary School Rated A-
  • Bay View
  • Main Floor Bedroom

About This Home

As of May 2026

BEST PRICED IN BUILDING – Short-Term Rentals Allowed! Discover an exceptional oceanfront opportunity in Miami Beach where investment potential meets beachfront luxury. This beautifully maintained split-floor plan residence sits first row on the ocean with direct beach access and stunning bay views, offering the rare advantage of short-term rental flexibility in one of Miami Beach's most desirable locations. Enjoy complimentary beach chairs provided by this meticulously kept building while generating impressive rental income or creating your personalized coastal retreat. With generous closet space throughout and well-preserved original finishes, this unit presents the perfect canvas to customize to your exact vision and style. Whether you're an investor seeking maximum returns or a discerning buyer looking for beachfront value, this is your chance to own a piece of paradise at an unbeatable price in a prime oceanfront building. Maintenance includes cable, high-speed internet, and water. All building structural updates are complete, including brand new elevators, roof, hallways & more. No construction impact.

Last Agent to Sell the Property

Manuela Nieto

Miami Beach Real Estate Group License #3391154 Listed on: 02/05/2026

Last Buyer's Agent

Graciela Barron

AWA Realty LLC License #3253134

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 1968

Lot Details

  • West Facing Home

HOA Fees

  • $1,578 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Stilt Home
  • Entry on the 1st floor

Interior Spaces

  • 1,290 Sq Ft Home
  • Blinds
  • Open Floorplan
  • Ceramic Tile Flooring
  • Home Security System

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features

Outdoor Features

  • Property has ocean access
  • Open Patio
  • Outdoor Living Area

Schools

  • North Beach Elementary School
  • Miami Beach Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Air
  • Heating Available
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0232110622510

Community Details

Overview

  • Association fees include common areas, internet, legal/accounting, ground maintenance, maintenance structure, pool(s), sewer, security, trash, water
  • The Pavilion Condo Subdivision
  • Maintained Community
  • 18-Story Property

Amenities

  • Picnic Area
  • Clubhouse
  • Laundry Facilities
  • Secure Lobby

Recreation

Security

  • Security Guard
  • On-Site Manager or Management

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,018

Year Built

Built in 1968

Lot Details

0 Sq Ft Lot

HOA Fees

$1,578 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1968
  • Architectural Style: Stilt
  • Entry Level: 1
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Family/Dining Room, Living/Dining Room, Tub Shower
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Accessibility Features: Accessibility Features, Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1290.0
  • Stories: 18
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Bay
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Bayfront, Ocean Access, Ocean Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Open, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Security: Security System, Lobby Secured, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1578.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Beach Rights, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Laundry, Management, Picnic Area, Pool, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Internet, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Security, Trash, Water

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Miami Beach Nautilus

Lot Info

  • Parcel #: 0232110622510
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3018.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2026
Closed on
May 15, 2026
Sold by
Jeffrey Kossis and Neil Kossis
Bought by
Seller's Agent
Manuela Nieto
Miami Beach Real Estate Group
Buyer's Agent
Graciela Barron
AWA Realty LLC
List Price
$545,000
Sold Price
$505,000
Premium/Discount to List
-$40,000
-7.34%
Current Estimated Value
$529,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,779
Avg. Annual Appreciation
17.31%

Purchase Details

Closed on
May 25, 1994
Sold by
Crescent Heights 40 Inc
Bought by
Kossis Bertram and Kossis Reda
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Oceanfront, FL

  • Mariana Cabrera Real Estate Agent - Miami Beach Real Estate Group

    Mariana Cabrera

    Miami Beach Real Estate Group

    (877) 760-3458

    64 Total Sales

    11 in Oceanfront

    $328K - $650K Price Range

    Mariana Cabrera
     Section Image
  • Brian Rokicki Real Estate Agent - Compass Florida, LLC

    Brian Rokicki

    Compass Florida, LLC

    (786) 789-1373

    46 Total Sales

    1 in Oceanfront

    $669,500 Price

    Brian Rokicki
     Section Image
  • Silvia Coltrane Real Estate Agent - The Corcoran Group

    Silvia Coltrane

    The Corcoran Group

    (888) 618-6209

    24 Total Sales

    1 in Oceanfront

    $1,685,000 Price

    Silvia Coltrane
     Section Image
  • Luis Apa Real Estate Agent - NV Realty

    Luis Apa

    NV Realty

    (786) 321-2920

    81 Total Sales

    2 in Oceanfront

    $680,000 Price Range

    Luis Apa
     Section Image
  • Nick Quay Real Estate Agent - Real Broker LLC

    Nick Quay

    Real Broker LLC

    (786) 321-8564

    33 Total Sales

    2 in Oceanfront

    $1,050,000 Price Range

    Nick Quay
     Section Image
  • Rodes Robinson Real Estate Agent - Compass Florida LLC

    Rodes Robinson

    Compass Florida LLC

    (561) 250-0959

    49 Total Sales

    2 in Oceanfront

    $6,100,000 Price Range

    Rodes Robinson
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$505,000 None Listed On Document
Kossis Bertram $135,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2026 05/15/26 Sold $505,000 -7.3% $391 / Sq Ft
03/14/2026 03/14/26 Pending -- -- --
02/05/2026 02/05/26 For Sale $545,000 -- $422 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,144 $209,200
2024 $2,953 $203,305
2023 $2,953 $197,384 $0 $0
2022 $2,826 $191,635 $0 $0
2021 $2,802 $186,054 $0 $0
2020 $2,762 $183,486 $0 $0
2019 $2,686 $179,361 $0 $0
2018 $2,538 $176,017 $0 $0
2017 $2,506 $172,397 $0 $0
2016 $2,492 $168,852 $0 $0
2015 $2,522 $167,679 $0 $0
2014 $4,193 $166,349 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MN

    Seller's Agent in 2026

    Manuela Nieto

    Miami Beach Real Estate Group

  • Graciela Barron Real Estate Agent - AWA Realty LLC

    Buyer's Agent in 2026

    Graciela Barron

    AWA Realty LLC

    (305) 910-3779

    4 in this area

    15 Total Sales

    Graciela Barron
    Section Image
See All Agents

About Pavillion Condo

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11959066

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3211-062-2510

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5601 Collins Ave Unit 720, Miami Beach, FL

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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.