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    5445 Collins Ave Miami Beach, FL 33140

    For Sale
    $1,100,000

    High Rise, Hotel Motel - Miami Beach, FL

    Type:Hotel-Motel
    Property size:
    1,390 SF
    Days on Market:
    233
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 5445 Collins Ave

    General Information

    Property type
    Residential
    Property subtype
    Hotel-Motel
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    3
    APN
    02-32-14-021-4430
    Parking features
    Garage, Valet
    Interior features
    Bedroom On Main Level, Living Dining Room, Tub Shower
    Exterior features
    Balcony
    Appliances
    Microwave
    Size
    1,390 SF

    Taxes and HOA fees

    Expense value
    3630
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Utilities
    Cable Available
    Cooling system
    Ceiling Fan(s), Central Air
    Water front features
    Ocean Front, Waterfront
    Water front
    1

    Building Details

    Year built
    1966
    Floors in Building
    18
    Building materials
    Block
    Architectural style
    High Rise

    The Keyes Company (305) 371-3592 [email protected]

    Listing agent Kelly Sullivan (305) 371-3592 License #0708928

    Listing date Apr 25, 2025

    MLS# A11730000 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Beach Condo Hotel Penthouse

    This condo hotel penthouse in Miami Beach, Florida, offers direct ocean views and a 100-foot balcony accessible from all rooms. The master bedroom features both ocean and bay views. The property has been totally renovated with a contemporary style, featuring 12-foot ceilings, porcelain tiles, and stainless steel appliances. The building has completed its 40-year certification and includes new updates such as a new pool, foundation, electrical panel update, elevators, new chillers, water tower updates, a new fitness center, and impact windows. Security is provided with a front desk check-in for guests, and free parking is available. The unit is Air BNB and short-term rental ready. Maintenance includes all utilities, valet parking, insurance, cable, internet, and TV. The property generates a gross revenue of $110,000. The 1390-square-foot property is located in a building that is considered prime for redevelopment and has garnered interest from top Miami Beach developers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.120252
    Latitude
    25.834097

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    FAQs

    What type of property is this?
    Hotel - Renovated condo hotel penthouse with ocean views and income potential.
    Where is this hotel located?
    The property is located at 5445 Collins Ave Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Direct ocean view penthouse with 100-foot balcony accessible from all rooms; - Completely renovated with contemporary style, 12-foot ceilings, porcelain tiles, and stainless steel appliances; - Condo hotel allows Air BNB and short-term rentals, generating $110,000 gross revenue
    (305) 371-3592
    Request Owner's contact information
    5445 Collins Ave Miami Beach, FL 33140
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    Miami Beach, FL 33140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5445 Collins Ave Miami Beach, FL 33140
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