5005 Collins Ave, Miami Beach FL 33140

$408,000

Description

Discover a rare penthouse opportunity on iconic Millionaire's Row, where sweeping Intracoastal waters and the Miami skyline create an extraordinary backdrop to everyday living. Impeccably maintained and move-in ready, this spacious 1-bedroom, 2-full-bath residence offers the comfort and flexibility today's buyers seek, complemented by abundant natural light and impressive sunset views from the privacy of the top floor. The thoughtfully designed layout provides generous living and entertaining spaces, along with a dedicated office area and den enclosed by a glass partition, offering additional flexibility for work, guests, or everyday living. The pristine condition allows for immediate enjoyment. Residents enjoy resort-style amenities including 24-hour concierge, heated pool, beach service, fitness center, jacuzzi, library, BBQ area, valet, and direct beach access via the oceanfront boardwalk. The building has completed significant capital improvements, including impact windows and doors, and has successfully passed its 50-year certification. Ideally positioned moments from Fontainebleau, Soho Beach House, the Faena District, world-class dining, and the very best of Miami Beach living. The residence is currently leased through October 30, 2026, offering flexibility for buyers planning a future move or an effortless transition for those wishing to continue generating rental income, as the current tenant has expressed interest in extending their stay. Penthouse residences in this sought-after building rarely become available.

Listing courtesy of Jason Turner, Coldwell Banker Realty · Updated 8/19/2026