HomeCondos for Sale57 Ocean CondoUnit 506
5775 Collins Ave, Unit 506
+18 more
$3.5M

57 Ocean Condo Unit 506

5775 Collins Ave, Unit 506 • Miami Beach, FL 33140

at 57 Ocean Condo

Beds
2
Baths
3
Living Area
1,363 SF
Price / SF
$2,568
HOA / Monthly
$3,654
Days on Market
3

About This Unit

57 Ocean. NEW Listing! Incredible Opportunity Brand New Ultra-Luxury Condo For Sale. 2 Bedrooms and 2 Bathrooms Ocean and Bay views on the sands of Iconic Millionaire's Row, Miami's most beautiful and exclusive stretch of beachfront. A boutique building housing just 69 residences. Designed by renowned architecture firm Arquitectonica. Luxury Italian kitchens and bathrooms by Poliform featuring marble countertops, waterfall island, Sub-Zero refrigerator, and Wolf cooking appliances. Master Bedrooms with ensuite Master Bathroom with terrace access and powder room. Master Bathrooms feature natural stone floors and wall tiling. 1 Valet parking space, Poolside bar and social lounge with stunning oceanfront views, along with Butler services throughout the building.

Pricing at 57 Ocean Condo — $2,568/sqft
57 Ocean Condo Unit 506 is listed at $2,568/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 — 3 days
57 Ocean Condo Unit 506 has been on the market for 3 days.
Building-level pace data is thin for this bedroom count.
Estimated Monthly Cost
Mortgage (P&I)
$19,006
HOA
$3,654
Property Tax
$3,224
Total / mo
$25,884
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.11%. HOA $2.68/sqft · All-in $18.99/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.
Sales History
Date Price Type
Mar 2022 $2,700,000 arm’s-length
Oct 2021 $2,175,000 arm’s-length
Source: Miami-Dade Property Appraiser. This unit owns 0.8738% of the building’s common elements. County living area: 1,276 sqft.
Building: 57 Ocean Condo
Unit: 506
Year Built: 2021
Stories: 18
City: Miami Beach
Postal Code: 33140
HOA Fee: $3,654 / Monthly
View: Bay, Ocean View, Direct Ocean, Skyline
Waterfront: Yes
Private Pool: Yes
Heating: Central
Cooling: Central Air
Days on Market: 3
Listed: February 16, 2026
MLS #: A11966515

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: PGutman, LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11966515 • Updated Feb 19, 2026