For saleReduced $20,000 from $695,000Virtual tour

$675,000

2 beds1,660 sq ft

5055 Collins Ave #5MMiami Beach, FL 33140

Homes, condos and townhomes · MLS 11678700 · Listed 221 days ago (Mar 23, 2026)

Ocean or gulf · Shared waterfront site · Waterfront details

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For sale: Listed and available according to the MyStateMLS feed.

About this property

This desirable M-line residence at the iconic Crystal House offers one of the largest two-bedroom floor plans in the building. Featuring 2 bedrooms and 3 full bathrooms, the layout provides the space and functionality typically found in larger three-bedroom residences. Floor-to-ceiling windows showcase expansive views of the Intracoastal Waterway and Miami skyline. The open living and dining areas flow together, with an adjacent eat-in kitchen. The primary suite includes a spacious dressing area, and the residence offers abundant storage throughout. Located on prestigious Collins Avenue, this beachfront address combines comfort, scale, and prime positioning. Amenities include valet, fitness center, sauna, concierge services, pickleball courts, pool, and direct beach access. Competitively priced relative to recent sales, this residence presents a compelling opportunity to own a generously sized two-bedroom in one of Miami Beach's most established oceanfront buildings.

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
$675,000
Original list price
$695,000
Status
For sale
Property type
Condo
Bedrooms
2
Full baths
3
Interior area
1,660 sq ft
Year built
1961
Garage spaces
2
County
Miami-Dade County
MLS number
11678700
Annual property tax (2025)
$2,864

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Features

Interior

  • Walk-In Closet(s)
  • Entrance Foyer

Appliances

  • Range
  • Microwave
  • Refrigerator
  • Dishwasher

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: $695,000

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

$135,000
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

$3,848 per month

Principal and interest$3,413
Property tax$239
Homeowners insurance$196
Loan amount$540,000
Total interest over the term$688,740

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 ($506,250 to $843,750), newest first. Each one passes the same waterfront rules. See all matches

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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.

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
  8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
  9. 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 Sep 10, 2026, 12:50 PM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 6:32 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.