$505,000
SOLD MAY 15, 2026

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

Oceanfront Neighborhood
2 Beds
2 Baths
1,290 Sq Ft
1968 Built

Sale Details

Date Sold: May 15, 2026

$391 Per Sq Ft

7% Below List Price

54 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Private Beach Pavilion
  • Bay View

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

Linda Manuela Nieto

Miami Beach Real Estate Group License #3391154 Listed on: 02/04/2026

Miami Beach Real Estate Group

Last Buyer's Agent

Graciela Barron

AWA Realty LLC License #3253134

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 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,290 Sq Ft Home
  • Furnished
  • Blinds
  • Open Floorplan
  • Ceramic Tile Flooring
  • Clear Impact Glass

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Property has ocean access

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-062-2510

Community Details

Overview

  • The Pavilion Condo Subdivision
  • 18-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Community Center
  • Party Room
  • Laundry Facilities
  • Secure Lobby

Recreation

  • Private Beach Pavilion

Security

  • Security Guard

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

  • Property Type: Residential
  • Year Built: 1968
  • Ownership: Other Ownership
  • Property Sub Type: Condominium
  • Architectural Style: Stilt
  • Entry Level: 7
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • 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
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 505000
  • InternetRemarks: BEST PRICED IN BUILDING – Short-Term Rentals Allowed! Oceanfront building, Bayview- sunset view form your unit.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: First Floor Entry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 1290
  • Possible Use: Investment
  • Stories: 18
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Family/Dining Combination
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE PAVILION CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1578
  • Amenities: Barbecue, Laundry, Community Room, Elevator(s), Exercise Room, Pool, Private Beach Pavilion, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 02-32-11-062-2510

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3018

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

Closed on
May 25, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Type Sale Price Title Company
Deed $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
03/30/2026 03/30/26 Pending -- -- --
02/04/2026 02/04/26 For Sale $545,000 -- $422 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $3,046 $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

  • Linda Manuela Nieto

    Seller's Agent in 2026

    Linda Manuela Nieto

    Miami Beach Real Estate Group

    (786) 498-4988

    1 in this area

    32 Total Sales

    Linda Manuela Nieto
    Section Image
  • Graciela Barron

    Buyer's Agent in 2026

    Graciela Barron

    AWA Realty LLC

    (305) 910-3779

    3 in this area

    13 Total Sales

    Graciela Barron
    Section Image
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About Pavillion Condo

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11959066

MIAMI REALTORS® MLS

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.

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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