$539,500
SOLD JUN 27, 2025

5640 Collins Ave Unit 8B Miami Beach, FL 33140

Oceanfront Neighborhood
2 Beds
2 Baths
1,935 Sq Ft
1967 Built

Recently Sold

$279 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Direct Ocean View
  • Boat Dock
  • Furnished
  • North Beach Elementary School Rated A-
  • Property fronts an intracoastal waterway
  • L-Shaped Dining Room

About This Home

As of June 2025

Boat dock available for rent! Direct ocean view in this Penthouse corner 2 bedroom at The
Ashley. 1935 sq. Ft of spacious living, plus enclosed balcony, set on Indian Creek waterway.
The large Windows allow you to see water from every room. Ashley boasts a private, tranquil
back yard, on site janitor, guest parking & more. Do not eliminate this from your viewing!
Newer roof, assessments paid, work completed. NO RENTING 1st 2 years. Boutique living on
Millionaires Row, Miami Beach. Steps to the beach & the waters of the Atlantic Ocean. Peaceful
waterfront heated pool on the tranquil intracoastal. Cafe right next door. Being sold “As Is”
furnished.

Last Agent to Sell the Property

Debi Quade

Cervera Real Estate Inc. License #0199513 Listed on: 05/19/2025

Cervera Real Estate Inc.

Last Buyer's Agent

Tess Price

One Sotheby's International Realty License #3612264

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,037

Year Built

  • Built in 1967

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

Parking

  • 1 Car Garage
  • Open Parking
  • Assigned Parking

Property Views

  • Direct Ocean
  • Intracoastal

Interior Spaces

  • 1,935 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • L-Shaped Dining Room
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

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

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-005-0260

Community Details

Overview

  • Property has a Home Owners Association
  • 28 Units
  • Mid-Rise Condominium
  • The Ashley Condos
  • The Ashley Subdivision, Penthouse Ocean Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 8-Story Property

Amenities

  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Laundry Facilities
  • Elevator
  • Secure Lobby
  • Interior Hall

Recreation

  • Boat Dock
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $1,500

Security

  • Phone Entry
  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,037

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Collins Ave. Miami Beach to 56th Street. Bldg. Between 5th and 57th St. West side of Collins. Look for Visitor parking.
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available, Dock Available
  • Master Model: Penthouse Ocean
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Ashley
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Interior Hall, First Floor Entry, Built-in Features, Closet Cabinetry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile
  • Furnished: Furnished
  • Living Area: 1935
  • Possible Use: Primary
  • Stories: 8
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: L Shaped Dining
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Intracoastal View, Direct Ocean, Water View
  • Exterior Features: East Of Us1
  • Construction Type: Concrete Block Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: The Ashley
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Assigned, Open, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Phone Entry, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Amenities: Barbecue, Boat Dock, Laundry, Community Room, Elevator(s), Heated Pool, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-005-0260

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1500
  • Number Of Units In Community: 28
  • Number Of Units Total: 28

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
Sheinberg Carol
Bought by
Carol Sheinberg Revocable Trust and Sheinberg

Purchase Details

Closed on
Apr 11, 1997
Sold by
Pr Gloria Sandler and Pr Michael Albert
Bought by
Steinberg Carol
Source: Public Records

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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
Quit Claim Deed -- None Listed On Document
Personal Reps Deed $100 --
Trustee Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $539,500 -1.9% $279 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/19/2025 05/19/25 For Sale $550,000 -- $284 / 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 $3,920 $256,054 -- --
2023 $3,920 $248,597 $0 $0
2022 $3,760 $241,357 $0 $0
2021 $3,734 $234,328 $0 $0
2020 $3,684 $231,093 $0 $0
2019 $3,587 $225,898 $0 $0
2018 $3,397 $221,686 $0 $0
2017 $3,357 $217,127 $0 $0
2016 $3,343 $212,662 $0 $0
2015 $3,384 $211,184 $0 $0
2014 $3,440 $209,508 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11804766

MIAMI REALTORS® MLS

APN: 02-3214-005-0260