HomeCondos for Sale57 Ocean CondoUnit 1602
5775 Collins Ave, Unit 1602
+69 more
$6M

57 Ocean Condo Unit 1602

5775 Collins Ave, Unit 1602 • Miami Beach, FL 33140

at 57 Ocean Condo

Beds
2
Baths
3
Living Area
1,612 SF
Price / SF
$3,697
HOA / Monthly
$4,540
Days on Market
214

About This Unit

Live the essence of tropical modern luxury at 57 Ocean. This elegant 2-bedroom, 3-bath residence (Unit 1602) showcases sweeping ocean views and a generous balcony for effortless indoor-outdoor living. This boutique building offers resort-style amenities including beach and pool service, 24/7 valet and security, concierge, fitness trainers, spa services, and a private chef. Ideally located on Millionaire’s Row with 220 feet of private beachfront. Contact the listing agent to schedule a showing.

Pricing at 57 Ocean Condo — $3,697/sqft
57 Ocean Condo Unit 1602 is listed at $3,697/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at 57 Ocean Condo.
Time on Market — 214 days
57 Ocean Condo Unit 1602 has been on the market for 214 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $6,190,000. Reduced to $5,960,000 on Feb 18, 2026 (after 258 days on market) — -3.7% (−$230,000).
Estimated Monthly Cost
Mortgage (P&I)
$32,365
HOA
$4,540
Property Tax
$7,451
Total / mo
$44,356
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.50%. HOA $2.82/sqft · All-in $27.52/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

Schedule your private showing at 57 Ocean Condo.

Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.

That's (305) 337-4259 • Available 7 days a week
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 2021 (5 years old).
Verify all of the above with the HOA before closing.
Building: 57 Ocean Condo
Unit: 1602
Year Built: 2021
Stories: 18
City: Miami Beach
Postal Code: 33140
HOA Fee: $4,540 / Monthly
View: Ocean View, Direct Ocean, Water View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 214
Listed: June 6, 2025
MLS #: A11817002

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Listing courtesy of: Million Realty LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11817002 • Updated Feb 18, 2026