$895,000
RENTED SEP 22, 2025

5640 Collins Ave Unit 7B Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated payment $6,940/month

Total Views 3,788
2 Beds
2 Baths
1,935 Sq Ft
$463 Price per Sq Ft

Highlights

  • Ocean View
  • Boat Dock
  • Marble Flooring
  • North Beach Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Jetted Tub and Shower Combination in Primary Bathroom

About This Home

Set along Indian Creek on Miami Beach’s Millionaire’s Row, Unit 7B at Ashley Apartments is a bright, spacious corner condo with an open floor plan and rare extra interior square footage. This unit is in a quiet boutique building with only four units per floor, offering a private and peaceful lifestyle. A dock is available for rent to residents. Natural light fills the space and showcases views of Miami Beach the moment you step inside. The enclosed patio and newly updated floors add valuable interior space, perfect for a den, office, or easily converted
into a third bedroom. Spacious bedrooms are paired with updated bathrooms. Enjoy a relaxing afternoon on the pool deck while you soak up the sun and watch the nonstop activity along Indian Creek. Amazing location just steps from the beach.

Listing Agent

Menachem Fellig

Compass Florida, LLC License #3291623 Listed on: 08/04/2025

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,948

Year Built

  • Built in 1967

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,935 Sq Ft Home
  • Built-In Features
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Bathtub

Home Security

Outdoor Features

  • Exterior Lighting
  • Enclosed Glass Porch

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-005-0220

Community Details

Overview

  • Mid-Rise Condominium
  • Ashley Apartments Condos
  • Ashley Apartments Condomi Subdivision
  • 8-Story Property

Amenities

  • Community Center
  • Party Room
  • Community Library
  • Laundry Facilities
  • Elevator
  • Lobby

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Cats Allowed

Security

  • Card or Code Access
  • Phone Entry
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,948

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,500 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • 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: ASHLEY APARTMENTS CONDOMI
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 895000
  • InternetRemarks: Waterfront condo with stunning Miami Beach views, enclosed patio, newly done floors, and pool deck. Steps from the beach with dock access.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Electric Range, Refrigerator
  • Interior Amenities: Lobby, First Floor Entry, Built-in Features, Closet Cabinetry, Pantry, Walk-In Closet(s), Other, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Marble, Tile
  • Living Area: 1935
  • Stories: 8
  • Bedroom Features: Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Glassed Porch, Other, Storage Room
  • Master Bathroom Features: Combination Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Bay, Ocean View, Water View
  • Exterior Features: East Of Us1
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Glass Enclosed
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Ashley Apartments
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Detached, Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Card Entry, Phone Entry, Other

Condo/Co-op/Association

  • Association Fee: 1500
  • Amenities: Boat Dock, Laundry, Community Room, Elevator(s), Exterior Lighting, Library, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-005-0220

Rental Info

  • Pets Allowed: Cats OK

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8948

Map

Range of Values:

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Value Increase
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Percent Increase
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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

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 $8,316 $493,240 -- --
2024 $9,321 $483,750 -- --
2023 $9,321 $493,240 $0 $0
2022 $8,493 $493,236 $0 $0
2021 $8,818 $456,700 $0 $0
2020 $8,842 $456,700 $0 $0
2019 $10,350 $534,118 $0 $0
2018 $9,537 $534,118 $0 $0
2017 $8,882 $447,409 $0 $0
2016 $8,577 $406,736 $0 $0
2015 $7,326 $369,760 $0 $0
2014 $7,981 $328,091 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2025 09/22/25 Rented $5,500 -6.8% --
09/17/2025 09/17/25 Under Contract -- -- --
08/04/2025 08/04/25 For Rent $5,900 0.0% --
08/04/2025 08/04/25 For Sale $895,000 +49.2% $463 / Sq Ft
02/18/2022 02/18/22 Sold $600,000 +21328.6% $310 / Sq Ft View Prior Sale
12/01/2021 12/01/21 Pending -- -- --
08/15/2019 08/15/19 Rented $2,800 -99.5% --
08/02/2019 08/02/19 Under Contract -- -- --
06/03/2019 06/03/19 For Sale $599,000 0.0% $310 / Sq Ft
05/30/2019 05/30/19 For Rent $2,800 0.0% --
03/18/2014 03/18/14 Sold $439,000 0.0% $227 / Sq Ft View Prior Sale
02/18/2014 02/18/14 Pending -- -- --
12/13/2013 12/13/13 For Sale $439,000 0.0% $227 / Sq Ft
01/28/2013 01/28/13 Rented $2,700 -1.8% --
12/29/2012 12/29/12 Under Contract -- -- --
12/17/2012 12/17/12 For Rent $2,750 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 Marili Cancio Johnson Pa
Warranty Deed $439,000 Attorney
Interfamily Deed Transfer $78,500 --
Quit Claim Deed -- --
Warranty Deed $350,000 --
Warranty Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $132,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11850978

MIAMI REALTORS® MLS

APN: 02-3214-005-0220

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5640 Collins Ave Unit 7B, Miami Beach, FL

For Sale

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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Menachem Fellig
Listing Agent
Menachem Fellig
Section Image
Compass Florida, LLC
(645) 230-1007