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5757 Collins Ave, Unit 1605
+32 more
$2.1M

Lexcellence Condominium Unit 1605

5757 Collins Ave, Unit 1605 • Miami Beach, FL 33140

at Lexcellence Condominium

Beds
3
Baths
3
Living Area
1,980 SF
Price / SF
$1,060
HOA / Monthly
$2,605
Days on Market
247

About This Unit

Stunning 1,980 SQFT, 3-bedroom, 2.5-bathroom condo, offering unobstructed east-ocean views. This fully remodeled residence showcases luxurious 36"x 36"marble flooring with soundproofing, a modern custom-designed kitchen, brand-new JennAir appliances, and elegant new electric shades throughout. The bathrooms have been upgraded with sleek contemporary fixtures, new toilets, and bidet, & in-unit laundry room. The building is located on the iconic Millionaire’s Row—directly on the ocean and just minutes from the prestigious shops of Bal Harbour. Residents enjoy a wide range of upscale amenities, including 24-hour security, valet parking, two swimming pools, a Jacuzzi, spa, state-of-the-art fitness center, BBQ/picnic area, a kid’s playroom & direct access to the beach and boardwalk.

Pricing at Lexcellence Condominium — $1,060/sqft
Lexcellence Condominium Unit 1605 is listed at $1,060/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Lexcellence Condominium.
Time on Market — 247 days
Lexcellence Condominium Unit 1605 has been on the market for 247 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $2,150,000. Reduced to $2,099,000 on Oct 28, 2025 (after 86 days on market) — -2.4% (−$51,000).
Estimated Monthly Cost
Mortgage (P&I)
$11,398
HOA
$2,605
Property Tax
$1,863
Total / mo
$15,866
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.07%. HOA $1.32/sqft · All-in $8.01/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 1991 (35 years old) — approaching Florida's 30-year recertification trigger.
Verify all of the above with the HOA before closing.
Unit: 1605
Year Built: 1991
Stories: 24
City: Miami Beach
Postal Code: 33140
HOA Fee: $2,605 / Monthly
View: Ocean View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 247
Listed: August 4, 2025
MLS #: A11853427

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: Coldwell Banker Realty   ·  Darrell.Burks@Floridamoves.com
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11853427 • Updated Apr 16, 2026 • Photos updated 12 days ago.