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5445 Collins Ave, Unit P2
+54 more
$1.6M

Castle Beach Club Condomi Unit P2

5445 Collins Ave, Unit P2 • Miami Beach, FL 33140

at Castle Beach Club Condomi

Beds
2
Baths
2
Living Area
2,070 SF
Price / SF
$768
HOA / Monthly
$1,527
Days on Market
208

About This Unit

Castle Beach Condo / Hotel!!!! Rare 2-story, 2,030 SF ocean-view condo-hotel at 5445 Collins Ave. Price adjusted ! GREAT PRICE. renovated and turn-key with modern finishes and a flexible layout for comfortable living and hosting. Daily rentals allowed (Airbnb/STR—buyer to verify), making this an excellent income opportunity and beach getaway in one. Premier oceanfront address near top Miami Beach dining and shopping. Motivated seller—priced to sell. Use when you want and rent the rest of the year. Easy to show. This building is prime for redevelopment and has had much interest from top Miami Beach developers. Rare and Fantastic Opportunity!

Pricing at Castle Beach Club Condomi — $768/sqft
Castle Beach Club Condomi Unit P2 is listed at $768/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Castle Beach Club Condomi.
Time on Market — 208 days
Castle Beach Club Condomi Unit P2 has been on the market for 208 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $1,750,000. Reduced to $1,590,000 on Mar 21, 2026 (after 209 days on market) — -9.1% (−$160,000).
Estimated Monthly Cost
Mortgage (P&I)
$8,634
HOA
$1,527
Property Tax
$1,509
Total / mo
$11,670
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.14%. HOA $0.74/sqft · All-in $5.64/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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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 1966 (60 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: P2
Year Built: 1966
Stories: 18
City: Miami Beach
Postal Code: 33140
HOA Fee: $1,527 / Monthly
View: Ocean View, Direct Ocean, Water View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 208
Listed: August 25, 2025
MLS #: A11865220

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
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Miami Connections Realty LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11865220 • Updated Mar 21, 2026 • Photos uploaded 240 days ago — check listing for current condition.