Home › Condos for Sale › The Pavilion Concominium › Unit 511
5601 Collins Ave, Unit 511
+27 more
$610K

The Pavilion Concominium Unit 511

5601 Collins Ave, Unit 511 • Miami Beach, FL 33140

at The Pavilion Concominium

Beds
1
Baths
2
Living Area
930 SF
Price / SF
$656
HOA / Monthly
$1,122
Days on Market
252

About This Unit

This stunning 1-bedroom, 1.5-bath condo on the 5th floor offers an unbeatable living experience with panoramic ocean views that stretch across the kitchen, living room, and out onto the private balcony. Located in a sought-after oceanfront building, this unit combines modern comfort with the beauty of coastal living. Enjoy a suite of luxurious amenities, including direct beach access, a sparkling pool, a fully equipped gym, 24-hour parking, on-site security, and valet service. With short-term rentals permitted, this property presents an excellent investment opportunity. Plus, an assigned parking space adds extra convenience—something few units in the building offer. Minimum rent 6 days. INCLUDES DESIGNATED PARKING. WASHER AND DRYER IN HALLWAY.

Pricing at The Pavilion Concominium — $656/sqft
The Pavilion Concominium Unit 511 is listed at $656/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 — 252 days
The Pavilion Concominium Unit 511 has been on the market for 252 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $665,000. Reduced to $610,000 on Apr 7, 2026 (after 253 days on market) — -8.3% (−$55,000).
Estimated Monthly Cost
Mortgage (P&I)
$3,312
HOA
$1,122
Property Tax
$661
Total / mo
$5,096
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.30%. HOA $1.21/sqft · All-in $5.48/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 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: 511
Year Built: 1968
City: Miami Beach
Postal Code: 33140
HOA Fee: $1,122 / Monthly
View: Ocean View, Direct Ocean, Water View
Waterfront: Yes
Private Pool: Yes
Heating: Other
Cooling: Other
Days on Market: 252
Listed: July 29, 2025
MLS #: A11848753

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: Grand Realty of America, Corp.
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11848753 • Updated Apr 7, 2026 • Photos uploaded 272 days ago — check listing for current condition.