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5445 Collins Ave Miami Beach, FL 33140

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For Sale
$15,200,000

39 units available in prime Miami Beach location.

Type:Multifamily
Property size:
16,680 SF
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 4:58 am

Property Features for 5445 Collins Ave

General Information

Standard status
Active
Size
16,680 SF
Property subtype
Multifamily

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Listing Contact
Alex D. Zylberglait

Listing agent Alex D. Zylberglait License #FL: BK3015211

Listing office Miami Office

Listing date Apr 3, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Miami Office


Overview

Oceanfront Condominium Bulk Acquisition Opportunity

Castle Beach Club, located at 5445 Collins Avenue in Miami Beach, presents an opportunity to acquire 39 individual condominium units, totaling approximately 16,680 square feet. Built in 1966, these units range from studios to penthouses. The property features resort-style amenities, including direct beach access, a pool, fitness center, tennis courts, and a spa. Situated on Millionaire’s Row, Castle Beach Club offers direct oceanfront access and proximity to South Beach, Bal Harbour, and cultural destinations. The property’s flexible rental model and diverse unit offerings create an environment for long-term growth and income generation. This investment offers an opportunity to gain control of the condominium's strategic direction through a bulk acquisition of 50% to 65% of the units. Investors can secure decisive influence over the management and operations, with the ability to amend by laws and implement a professional hotel management model. This acquisition strategy positions Castle Beach Club for future repositioning and potential condo buyout, maximizing returns through short-term rental operations and long-term value creation.
Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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City
Miami Beach
County
Miami-Dade
State
Florida
Longitude
-80.120252
Latitude
25.834097

FAQs

What type of property is this?
Apartment building - 39 units available in prime Miami Beach location.
Where is this apartment building located?
The property is located at 5445 Collins Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $15,200,000.
What are key features of this property?
This property features: Bulk acquisition of 39 individual units (approximately 16,680 sq ft) offering strategic control (50‑65% ownership) over condominium management and operations.; Prime oceanfront location on Millionaire's Row with direct beach access and proximity to South Beach and Bal Harbour.; Resort‑style amenities including a pool, fitness center, tennis courts, and spa.
More about this property
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