The Pavilion, 5601 Collins Ave #720

$545K7.3%
$505,000
2
Beds
2
Baths
1,290
SqFt
Status
Sold - May 15, 2026
Parking
1
Size
1,290 SqFt (120 m2)
Price
$391/SqFt ($4,214/m2)
Type
Condo
Built
1968
HOA
$1,578/MO
MLS Number
A11959066
View
Bay
On Site
222 Days
Updated
18 Days ago
Page Views
0
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.

Features

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 NietoMiami Beach Real Estate Group • Buyer Agency Compensation .

Listing Location & Street View
MapStreet View

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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
58

100
Transit Score®
Some Transit. A few nearby public transportation options
47

100
Bike Score®
Bikeable. Some bike infrastructure
53

100
Sound Score®
Very loud
72

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
38

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
1 – 2 BR
Bedrooms
$450K – $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

Miami Beach
Mid-Tier
Mid-Tier Homes & Condos