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Miami Beach Condo Investment Opportunity
For Sale
$650,000

5225 Collins Ave 1408, Miami Beach, FL 33140

Turnkey, fully updated condo with direct beach access.

Property Size960 SF
Days on Market269

Property Features for 5225 Collins Ave 1408

General Information

Standard status Active
Size 960 SF
Property subtype Residential

Taxes and HOA fees

Annual Taxes $7,939

Building Details

Building Size 960 SF
Year Built 1962
Listing Agency:
Listed By: Eleonora Lisitskova · License #3468990
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 16 Last Checked: Aug 24 at 6:42AM

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 Eleonora Lisitskova

Investment Insights

Based on property information with market context.

This fully updated condo in Miami Beach presents an investment opportunity, with the potential for use as a short-term rental. The property features 2 bedrooms and 2 bathrooms and is sold fully furnished. The condo has been updated with modern finishes throughout and includes a new A/C unit and updated electrical systems. Direct beach access is available, along with resort-style amenities.

Key Highlights

  • Airbnb Permitted: Excellent investment opportunity for short‑term rentals
  • Turnkey & Fully Furnished: Ready for immediate occupancy or rental income
  • Fully Updated: Features brand new A/C, updated electrical, and modern finishes throughout

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Daycare Center Pharmacy Kitchen & Bath Showroom Law Firm Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

715
Businesses Nearby

Demographics for 33140, FL

19,315
Population
16,000
Households
1.2
Avg Household Size
46
Median Age
62%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,231
Density / Sq Mi
$103,898
Median Household Income
$65,708
Median Earnings
$2,020
Median Rent
$863,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Turnkey, fully updated condo with direct beach access.
Where is this short term rental property located?
The property is located at 5225 Collins Ave 1408 Miami Beach, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Airbnb Permitted: Excellent investment opportunity for short‑term rentals; Turnkey & Fully Furnished: Ready for immediate occupancy or rental income; Fully Updated: Features brand new A/C, updated electrical, and modern finishes throughout
More about this property
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