For saleDock reportedVirtual tour
$450,000
1 bed930 sq ft
Ocean or gulfShared waterfront site
5600 Collins Ave #5AMiami Beach, FL 33140
Condo · MLS 12013362
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $20,001 from $395,000Virtual tour
$374,999
407 sq ft
345 Ocean Dr #718Miami Beach, FL 33139
Homes, condos and townhomes · MLS 11655360 · Listed 257 days ago (Feb 14, 2026)
Ocean or gulf · Shared waterfront site · Waterfront details
For sale: Listed and available according to the MyStateMLS feed.
About this property
Wake up to ocean views this winter in the heart of South of Fifth, Miami Beach's most coveted oceanfront neighborhood. This light-filled studio offers a rare NE ocean view from a private balcony, creating an ideal coastal retreat just steps from the sand. The unit is thoughtfully designed for comfort and efficiency, kitchen equipped with smart appliances, Nest thermostat with central A/C and heat, new impact windows, brand-new flooring, and a sleek modern bath. Smart home features keep owners connected effortlessly, whether you're home or away. Newly installed expansive sliding glass doors bring in natural light and ocean breezes, seamlessly connecting the living space to the freshly renovated balcony. Own 1 of 10 Studios available in the building, keeping your monthly maintenance expenses the lowest. The building recently completed major capital improvements, including the exterior, balconies, roof, pool deck with shower, fitness center, and a gated backyard fence around the landscaped beachfront grounds with footbath. Additional enhancements are part of the building's long-term modernization plan, including renovated spa-style gym/pool bathrooms and saunas. Enjoy direct beach access and walkable proximity to South Pointe Park and South of Fifth's celebrated dining scene, including Joe's Stone Crab, Carbone, and Smith & Wollensky. A rare opportunity to own a smart, oceanfront residence in South of Fifth - perfect as a pied-à-terre, beach escape, or refined full-time home.
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
- Not provided. Ask the listing agent.
- 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”: 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
- $374,999
- Original list price
- $395,000
- Status
- For sale
- Property type
- Condo
- Full baths
- 1
- Interior area
- 407 sq ft
- Year built
- 1970
- County
- Miami-Dade County
- MLS number
- 11655360
- Annual property tax (2025)
- $4,819
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.
Features
Appliances
- Range
- Refrigerator
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: $395,000
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
$75,000
Illustrative. Replace with a quote from your lender.
From the listing (tax year 2025). 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
$2,406 per month
Principal and interest$1,896
Property tax$402
Homeowners insurance$108
Loan amount$299,999
Total interest over the term$382,632
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 ($281,249 to $468,749), newest first. Each one passes the same waterfront rules. See all matches
For saleDock reportedVirtual tour
$399,000
1 bed922 sq ft
Ocean or gulfShared waterfront site
5001 Collins Ave #5EMiami Beach, FL 33140
Condo · MLS 11971673
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleDock reportedVirtual tour
$360,000
2 beds689 sq ft
Ocean or gulf · CanalShared waterfront site
8335 E Crespi Blvd #4Miami Beach, FL 33141
Condo · MLS 11918666
Listing courtesy of Florida Realty of Miami Corp · MyStateMLS
For saleDock reportedVirtual tour
$450,000
1 bed1,147 sq ft
Ocean or gulf · Bay, harbor, inlet or soundShared waterfront site
900 Bay Dr #606Miami Beach, FL 33141
Condo · MLS 11781450
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleVirtual tour
$349,000
400 sq ft
Ocean or gulfShared waterfront site
6345 Collins Ave #512Miami Beach, FL 33141
Condo · MLS 11624533
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleVirtual tour
$400,000
470 sq ft
Ocean or gulf · CanalShared waterfront site
5445 Collins Ave #1504Miami Beach, FL 33140
Condo · MLS 11615072
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 Jun 24, 2026, 12:50 PM UTC. Waterfront Homes last received MyStateMLS data Oct 29, 2026, 8:01 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.