$650,000
5225 Collins Avenue 1408
Miami Beach, FL 33140
MLS# R11122020
2 beds  |  2 baths  |  960 sqft
4-web-or-mls-003_8H3A3188
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Property Description
AIRBNB PERMITTED - AMAZING INVESTMENT OPPORTUNITY IN MIAMI BEACH! TURNKEY - MOVE RIGHT IN OR START RENTING IMMEDIATELY. MOTIVATED SELLER. FULLY UPDATED 2 bedroom, 2 bathroom condo for sale - EVERYTHING IS BRAND NEW. SOLD FULLY FURNISHED. - Brand New A/c. Updated electrical. Modern finishes throughout. Direct BEACH ASSESS and resort style amenities. This is TRULY a rare opportunity for investors looking for high income potential in MIAMI BEACH.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-09-07
Status: Active
Original List Price: 850000
List Price: $650,000
Current Price: $650,000
Negotiable Seller Concessions YN: Yes
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 5225
Street Name: Collins
Street Suffix: Avenue
Unit Number: 1408
City Name: Miami Beach
State Or Province: FL
Postal Code: 33140
Postal Zip: 33140
Subdivision Name: THE ALEXANDER CONDO
Area: 2320
Geographic Area: DADE
Special Assessment YN: No
Parcel Number: 0232140191000
Zoning: 4100
Directions: Use google map.
General Property Information
Unit Floor #: 1408
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 960
Building Area Source: Public Records
Living Area Main: 960
Year Built: 1962
Gated Community YN: No
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Direction Faces: East
Pool Private YN: No
Furnished: Furnished
Financial Information
Association YN: 1
Association Deposit YN: No
Association Fee: 2500
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 2500
Membership Fee Required YN: No
Tax Annual Amount: 7939.91
Tax Year: 2024
Tax Legal Description: THE ALEXANDER CONDO UNIT 1408 UNDIV 0.37671 INT IN COMMON ELEMENTS OFF REC 14648-1569 OR 19447-3767 0101 1
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Leasing Permitted Details
Leasing Permitted YN: Yes
Capital Contributions
Capital Contributions YN: No
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 1
Storm Protection
Impact Glass: Complete
Room Types
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 770.83
Status Change Information
Major Change Timestamp: 2026-08-14T14:48:10Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-14T14:48:10Z
Status Change Date: 2025-09-08
Originating Details
Originating System Key: 20250907215630748839000000
Originating System ID: M00000170
Property Features
Application Information: Personal Interview Required
Association Fee Includes: Elevator; Insurance; Maintenance Structure; Pest Control; Security
Flooring: Marble
Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed
Parking Features: Assigned
Property Condition: Resale
Appliances: Dishwasher; Microwave; Refrigerator
Construction Materials: CBS; Concrete
Cooling: Central Air
Association Type: Homeowner Association
Heating: Central
Interior Features: Bedroom Layout - Split; Closet Cabinetry; Custom Mirrors; Kitchen Island; Pantry
Levels: Multi/Split
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: Breed Restrictions
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Road Frontage Type: East of US-1
Security Features: Key Card Entry; Lobby - Attended; Security Patrol; Security System
Sewer: Public Sewer
Special Information: Sold As-Is
Structure Type: Multi Family
Tax Information: No Homestead
Unit Description: Condominium Hotel; Interior Hallway
Utilities: Cable Available; Sewer Available
Water Access: Ocean Access
Water View: Ocean
Window Features: Storm Window(s)
Showing Requirements: Call Listing Agent; Text Listing Agent
Outdoor Living Spaces: Balcony
Room Types: Kitchen; Living Room; Master Bedroom
Room Information
Room Name Length Width Level
Living Room10.0015.00Main
Kitchen6.0010.00Main
Master Bedroom10.0015.00Main
IDX
Listing Office: LoKation
Source MLS Verified

Last Updated: November - 05 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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