The Pavilion, 5601 Collins Ave #720

2
Beds
2
Baths
1,290
SqFt
$391
$/SqFt
Mid-Tier CondoProperty Type
1968Year Built
$391/SqFtPrice per sq ft
$1,578/moHOA Fees
1 carParking Spaces
BayView
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.
Listing Courtesy Of: Miami Beach Real Estate Group
Local Realty Services Provided By: Best of Luxury Realty
On Site: 263 DaysUpdated: 59 Days agoPage Views: 0

Features

MLS Number: A11959066
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FamilyDiningRoom, FirstFloorEntry, LivingDiningRoom, TubShower
  • Equipment / Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Description: Other
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: CeramicTile
  • Windows/Treatment: Blinds,ImpactGlass
  • Year Built: 1968
  • Year Built Description: Resale
  • Style: Stilt
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: North Beach
  • Middle School: Nautilus
  • Senior High School: Miami Beach
Other Property Info
  • Garage: 1
  • Listing Date: 2026-02-04T21:34:00.000-00:00
  • Directions: West
  • Pets Allowed: Conditional,Yes
Taxes, Fees & More
  • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, Internet, Laundry, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, Pools, Sewer, Security, Trash, Water
  • Taxes: 3018
  • Security Information: DoorMan, LobbySecured, SecurityGuard
  • Parking Description: OneSpace
  • Total Floors in Building: 18

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Price History

Current
$505K
High
$545K
Low
$505K
Total Change
-7.3%
$550K$525K$500KFeb 26Feb 26May 26
Date
Event
Price
Change
Price Per
05/15/2026
Sold
$505K
0%
$391 ft2
$4,214 m2
02/04/2026
Price Reduced
$505K
-7.34%
$391 ft2
$4,214 m2
02/04/2026
Listed
$545K
 
$422 ft2
$4,548 m2
05/15/2026
$505K
Event
Sold
Change
0%
Price Per
$391 ft2
$4,214 m2
02/04/2026
$505K
Event
Price Reduced
Change
-7.34%
Price Per
$391 ft2
$4,214 m2
02/04/2026
$545K
Event
Listed
Price Per
$422 ft2
$4,548 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Manuela Nieto • Miami Beach Real Estate Group • Buyer Agency Compensation .

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Community Snapshot
1 – 2 BR
Bedrooms
$430K – $855K
Price Tier
140 - 1,460
SqFt Range
1968
Year Build
18
Total Floors

Subdivision Amenities

Barbecue
Beach Rights
Bike Storage
Cabana
Clubhouse
Elevators
Fitness Center
Hobby Room
Laundry
Management
Pool
Trash

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