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5601 Collins Ave, Unit 505
+18 more
$740K

The Pavilion Concominium Unit 505

5601 Collins Ave, Unit 505 • Miami Beach, FL 33140

at The Pavilion Concominium

Beds
2
Baths
2
Living Area
930 SF
Price / SF
$796
Days on Market
68

About This Unit

Beautiful direct ocean front residence with breathtaking ocean views from almost every room. the spacious unit features two bedrooms and two full bathrooms, an exceptional floor plan, and abundant closet space throughout. The building offers outstanding amenities including a magnificent fully equipped gym, a heated swimming pool, BBQ area in the backyard, and a 24 hours security for comfort and peace of mind. Short terms rentals (VRBO) are permitted, making this property and excellent income-producing investment or the perfect place to relax and enjoy life by the peaceful ocean.

Pricing at The Pavilion Concominium — $796/sqft
The Pavilion Concominium Unit 505 is listed at $796/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at The Pavilion Concominium.
Time on Market — 68 days
The Pavilion Concominium Unit 505 has been on the market for 68 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $769,000. Reduced to $740,000 on Apr 21, 2026 (after 69 days on market) — -3.8% (−$29,000).
Estimated Monthly Cost
Mortgage (P&I)
$4,018
HOA
$0
Property Tax
$699
Total / mo
$4,718
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.13%. HOA $null/sqft · All-in $5.07/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

Schedule your private showing at The Pavilion Concominium.

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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 1968 (58 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 505
Year Built: 1968
Stories: 18
City: Miami Beach
Postal Code: 33140
View: Direct Ocean
Waterfront: Yes
Private Pool: Yes
Heating: Central, Other
Cooling: Central Air
Days on Market: 68
Listed: February 12, 2026
MLS #: A11977899

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: Galiano Realty Group
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11977899 • Updated Apr 21, 2026 • Photos uploaded 42 days ago.