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5601 Collins Ave, Unit 923
+48 more
$520K

The Pavilion Concominium Unit 923

5601 Collins Ave, Unit 923 • Miami Beach, FL 33140

at The Pavilion Concominium

Beds
1
Baths
2
Living Area
930 SF
Price / SF
$559
Days on Market
230

About This Unit

Income Opportunity! Beautifully updated 1-bedroom, 1.5-bathroom apartment located in a direct oceanfront building with private beach access. Enjoy stunning Collins Avenue views, an open layout tiled throughout,and a brand-new kitchen perfect for modern living.This unit offers the flexibility to rent, giving you the option to generate extra income while enjoying all the perks of beachfront living.building amenities include: Direct access to the beach with complimentary beach chairs.Fully equipped gym.BBQ area for outdoor entertaining.1 valet parking spot included.Secure building with 24/7 surveillance.Located in a prime location near shops, restaurants, and entertainment. Whether you're looking for a vacation home, investment property, or your next residence, this unit checks all the boxes.

Pricing at The Pavilion Concominium — $559/sqft
The Pavilion Concominium Unit 923 is listed at $559/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 — 230 days
The Pavilion Concominium Unit 923 has been on the market for 230 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $565,000. Reduced to $520,000 on Sep 4, 2025 (after 93 days on market) — -8.0% (−$45,000).
Estimated Monthly Cost
Mortgage (P&I)
$2,824
HOA
$0
Property Tax
$599
Total / mo
$3,423
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.38%. HOA $null/sqft · All-in $3.68/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: 923
Year Built: 1968
Stories: 18
City: Miami Beach
Postal Code: 33140
View: Bay, Canal, Intracoastal View
Waterfront: Yes
Private Pool: Yes
Heating: None
Cooling: Central Air
Days on Market: 230
Listed: June 4, 2025
MLS #: A11817521

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: Ocean Pavilion Realty Group LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11817521 • Updated Jan 20, 2026 • Photos uploaded 326 days ago — check listing for current condition.