For saleVirtual tour
$729,500
2 beds1,185 sq ft
Ocean or gulfShared waterfront site
2457 Collins Ave #1501Miami Beach, FL 33140
Condo · MLS 12033073
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $250,000 from $1,200,000Virtual tour
$950,000
2 beds2,534 sq ft
5255 Collins Ave #5DMiami Beach, FL 33140
Homes, condos and townhomes · MLS 11394410 · Listed 792 days ago (Aug 29, 2024)
Ocean or gulf · Shared waterfront site · Waterfront details
For sale: Listed and available according to the MyStateMLS feed.
About this property
PRICE TO SELL. Welcome to Unit 5D at Imperial House, an oversized 2,534 sq. ft. residence ready for you. The open living room provides direct, unobstructed ocean views, setting the stage for luxurious coastal living. This unit features expansive rooms plus a Den that can be easily convert into another bedroom, & generous closet space that are hard to find in modern constructions. All Utilities are included on the HOA. Located in the heart of Millionaire's Row, you'll have the Atlantic Ocean and a seven-mile bike path at your doorstep. The building is currently undergoing extensive renovations, making now the perfect time to renovate the apartment at your own taste. Additionally, this unit comes w. its own private cabana by the pool, offering a perfect spot to relax.
Description provided by the listing brokerage.
MLS-reported waterfront
Waterfront details
The home is part of a condominium, cooperative or community whose shared site is reported as waterfront. Shoreline and docks are typically common or community property, not owned by the individual unit.
- Relationship to the water
- Shared waterfront site
- Water type
- Ocean or gulf
- Water body
- Not provided. Ask the listing agent.
- Frontage length
- Not provided. Ask the listing agent.
- Water access arrangement
- Not provided. Ask the listing agent.
- Docks, slips, lifts, moorings
- Not provided. Ask the listing agent.
- Dock depth
- Not provided. Ask the listing agent.
- Shoreline
- Beach access reported
- Seasonal or tidal conditions
- Not provided. Ask the listing agent.
- Boating limits (bridges, depth, open-water access)
- Not provided. Ask the listing agent.
Why this is listed as waterfront
WaterfrontYN“Yes”: The listing is marked waterfront.WaterfrontFeatures“Ocean Front, Beach Access”: Includes a "… Front" value describing frontage.PropertyTypeDetail“condo”: A unit on a shared (condominium-style) site.
Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront
Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Compass Florida, LLC.
Facts
- List price
- $950,000
- Original list price
- $1,200,000
- Status
- For sale
- Property type
- Condo
- Bedrooms
- 2
- Full baths
- 2
- Half baths
- 1
- Interior area
- 2,534 sq ft
- Year built
- 1963
- Garage spaces
- 1
- County
- Miami-Dade County
- MLS number
- 11394410
- Annual property tax (2023)
- $12,207
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.
Features
Interior
- Entrance Foyer
Appliances
- Range
- Microwave
- Refrigerator
Flooring
- Tile
- Carpet
Virtual tours
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Miami Beach.
Price and status history
- Original list price reported by the brokerage: $1,200,000
Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.
Estimate a monthly payment
$190,000
Illustrative. Replace with a quote from your lender.
From the listing (tax year 2023). Taxes can change after a sale.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.
Estimated monthly payment
$6,100 per month
Principal and interest$4,804
Property tax$1,017
Homeowners insurance$279
Loan amount$760,000
Total interest over the term$969,338
An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.
Similar waterfront listings nearby
Waterfront listings of the same property type and water type in Miami Beach, priced within 25% of this listing ($712,500 to $1,187,500), newest first. Each one passes the same waterfront rules. See all matches
For saleVirtual tour
$990,000
2 beds1,180 sq ft
Ocean or gulfShared waterfront site
1623 Collins Ave #220Miami Beach, FL 33139
Condo · MLS 12023131
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleVirtual tour
$729,000
2 beds1,035 sq ft
Ocean or gulfShared waterfront site
6799 Collins Ave #606Miami Beach, FL 33141
Condo · MLS 12001187
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleVirtual tour
$950,000
2 beds1,305 sq ft
Ocean or gulf · Bay, harbor, inlet or soundShared waterfront site
5 Island Ave #3CMiami Beach, FL 33139
Condo · MLS 11999003
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleVirtual tour
$799,000
2 beds1,290 sq ft
Ocean or gulfShared waterfront site
5601 Collins Ave #PH-14Miami Beach, FL 33140
Condo · MLS 11993196
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $20,000Virtual tour
$1,050,000
1 bed851 sq ft
Ocean or gulf · Canal · Bay, harbor, inlet or soundShared waterfront site
450 Alton Rd #2708Miami Beach, FL 33139
Condo · MLS 11975229
Listing courtesy of Compass Florida, LLC · MyStateMLS
Questions to ask before you buy
Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.
- Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
- Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
- What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
- How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
- What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
- What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
- How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
- How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
- What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.
Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)
Guides and next steps
Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.
Listing last updated by the brokerage Jan 30, 2025, 12:50 PM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 9:01 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.