HomeCondos for SaleThe Carriage Club North CUnit 708
5005 Collins Ave, Unit 708
+31 more
$804K

The Carriage Club North C Unit 708

5005 Collins Ave, Unit 708 • Miami Beach, FL 33140

at The Carriage Club North C

Beds
2
Baths
2
Living Area
1,253 SF
Price / SF
$642
HOA / Monthly
$1,824
Days on Market
103
Insider Price

About This Unit

This bright 2BR/2BA corner residence captures the best of Miami Beach living with approx. 1,253 SF, tile floors throughout, and a generous balcony showcasing both sunrise skies and sunset glow. Its desirable southwest exposure fills the home with natural light all day, while offering views of the Indian Creek Waterway and iconic Millionaire’s Row. Spacious living and dining areas flow easily for relaxing or entertaining, and the large primary suite offers excellent closets and direct balcony access. Carriage Club North provides direct beach and boardwalk access, a heated pool, kids’ pool, gym, spa, BBQ area, on-site restaurant, salon, 24/7 front desk and valet. Ideally located minutes to Surfside, South Beach, Bal Harbour Shops, top hotels, international airports and waterfront dining. OWNER HAS PAID THE ASSESSMENT IN FULL. A second parking space can be rented from the building for $150 per month, pending availability. THIS UNIT IS RENTED THROUGH FEB 2027 at $3600/Month

Pricing at The Carriage Club North C — $642/sqft
At $642/sqft, The Carriage Club North C Unit 708 is priced above the building's typical 2BR — premium positioning.
The Carriage Club North C Unit 708 vs Active Listings at The Carriage Club North C: This condo is +2.0% higher (+$13/more per sqft) than the building's active 2BR median of $629/sqft, based on 5 active 2BRs.
The Carriage Club North C Unit 708 vs Recent Sold Listings at The Carriage Club North C: This unit is +35.1% higher (+$167/more per sqft) than recent 2BR sales (median $475/sqft, based on 6 sales over 9 months).
Rank: This unit's $/sqft is higher than 60% of currently-active 2BR units at The Carriage Club North C (sample of 5).
Insider Negotiation Strategy: 2BR units at The Carriage Club North C typically close at 95.4% of asking. At that ratio, this unit could plausibly trade around $767,338.
Based on live MIAMIRE active & closed listings at The Carriage Club North C.
Time on Market — 103 days
The Carriage Club North C Unit 708 is fresh to market — limited negotiating leverage at this stage.
This unit's 103 days on the market is 11 days shorter than the active 2BR median of 114 days (-9.6%).
Inventory position: 25th percentile for 2BRs currently active at this building.
Price History
Originally listed at $829,000. Reduced to $804,000 on Dec 9, 2025 (after 26 days on market) — -3.0% (−$25,000).
Estimated Monthly Cost
Mortgage (P&I)
$4,366
HOA
$1,824
Property Tax
$971
Total / mo
$7,161
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.45%. HOA $1.46/sqft · All-in $5.72/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 2BR Comps at The Carriage Club North C

UnitListSqft$/sqftDOM
#— 1,253 $642 103
#— 964 $482 26
#— 1,245 $707 181
#— 964 $379 731
#— 1,350 $629 114

Recent Closed 2BR Sales

ClosedUnitSold$/sqftvs List
2025-08-11 #— $675,000 $504
2025-12-19 #— $500,000 $456
2026-01-21 #— $350,000 $373
2026-02-27 #— $360,000 $321
2026-04-02 #— $557,000 $508
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
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 1964 (62 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Jan 2023 for $775,000 — held 3 years. They’re now asking $804,000+3.7% (+$29,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
Date Price Type
Jan 2023 $775,000 arm’s-length
Apr 2022 $525,000 arm’s-length
May 2002 $220,000 arm’s-length
Sep 1994 $160,000 arm’s-length
Sep 1989 $142,600 arm’s-length
Source: Miami-Dade Property Appraiser. County living area: 1,253 sqft.
Unit: 708
Year Built: 1964
Stories: 16
City: Miami Beach
Postal Code: 33140
HOA Fee: $1,824 / Monthly
View: Bay, Canal, Ocean View, Skyline, Water View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 103
Listed: November 14, 2025
MLS #: A11913382

Location

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Email About This Unit
Listing courtesy of: The Corcoran Group
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11913382 • Updated Feb 25, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

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Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at The Carriage Club North C. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

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