ActiveMLS® R11122020

$650,000

5225 Collins Avenue 1408, Miami Beach, FL 33140

Beds: 2
Baths: 2
Sqft: 960

Est. payment$6,859/mo

Home type: Condominium
Year built: 1962
Lot size: 0 sqft
Price / sqft: $677
HOA: $2,500/mo
Community: THE ALEXANDER CONDO

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.

Listing activity

Days on market: 419
Listed: Sep 7, 2025
MLS listing updated: Oct 31, 2026
Feed last checked: 11 minutes ago

Listed by Eleonora Lisitskova · LoKation

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0
Main-level bedrooms: 1
Main-level bathrooms: 2

Rooms & features

Rooms: 3
Interior features: Bedroom Layout - Split, Closet Cabinetry, Custom Mirrors, Kitchen Island, Pantry
Flooring: Marble
Appliances: Dishwasher, Microwave, Refrigerator
Furnished: Furnished
Window features: Storm Window(s)

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Covered spaces: 0
Parking features: Assigned
Attached garage: No

Exterior

Building area: 960 sqft
Exterior features: Balcony
Pool: No
View: Ocean
Waterfront: Ocean Access
Waterfront property: No

Lot

Lot size: 0 sqft
Lot size (acres): 0 acres
Zoning: 4100
Road frontage: East of US-1

Construction

Type & style

Home type: Condominium
Structure type: Multi Family
Year built: 1962
New construction: No

Materials

Construction: CBS, Concrete
Property condition: Resale
Levels: Multi/Split
Faces: East

Utilities & green energy

Utilities

Sewer: Public Sewer
Utilities: Cable Available, Sewer Available

Community & HOA

Community

Subdivision: THE ALEXANDER CONDO
MLS area: 2320
MLS subarea: DADE
Security: Key Card Entry, Lobby - Attended, Security Patrol, Security System
Pets allowed: Breed Restrictions, Yes
55+ community: No

Association

Has association: Yes
Association fee: $2,500 monthly
Estimated monthly dues: $2,500
Amenities: Pool, Beach Access, Cafe/Restaurant, Elevator(s), Fitness Center, Laundry, Lobby, Picnic Area, Sidewalks, Spa/Hot Tub
Services included: Elevator, Insurance, Maintenance Structure, Pest Control, Security

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33140

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: R11122020
Possession: Close Of Escrow, Negotiable
Original list price: $850,000
Parcel number: 0232140191000
Annual property tax: $7,939.91
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

Additional MLS details

Reported by the listing source

Association Amenities: Pool, Beach Access, Cafe/Restaurant, Elevator(s), Fitness Center, Laundry, Lobby, Picnic Area, Sidewalks, Spa/Hot Tub
Association Fee Frequency: Monthly
Association Fee Includes: Elevator, Insurance, Maintenance Structure, Pest Control, Security
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 960
Construction Materials: CBS, Concrete
County Or Parish: Miami-Dade
Days On Market: 419
Direction Faces: East
List Price: 650000
Listing Contract Date: 2025-09-07
Living Area: 960
Lot Size Acres: 0
Lot Size Area: 0
MLSArea Major: 2320
MLSArea Minor: DADE
Main Level Bathrooms: 2
Main Level Bedrooms: 1
Mls Status: Active
On Market Date: 2025-09-08
Photos Count: 37
Postal Code: 33140
Price Change Timestamp: 2026-08-14T14:48:10Z
Property Sub Type: Condominium
Property Type: Residential
Road Frontage Type: East of US-1
Rooms Total: 3
Security Features: Key Card Entry, Lobby - Attended, Security Patrol, Security System
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2025-09-08T15:41:42Z
Subdivision Name: THE ALEXANDER CONDO
Waterfront Features: Ocean Access
Tax Annual Amount: 7939.91
Bathrooms Full: 2
Pool Private: No
Bedrooms Total: 2
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 2500

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Sep 7, 2025	ListedBeachesMLS	$850,000$885/sqft
Aug 14, 2026	Price reducedBeachesMLS	$650,000$677/sqft

Public tax history

Year	Property taxes	Assessment
2024	$7,940	—

Payment calculator

Estimated monthly payment$6,859/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $3,373
Property taxes: $662
Insurance: $325
Association dues: $2,500

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

THE ALEXANDER CONDO

Miami Beach · Miami-Dade County · 33140

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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