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Furnished Oceanfront Short-Term Rental Portfolio
For Sale
$2,400,000

5445 Collins Avenue, Miami Beach, FL 33140

Residential Income, Miami Beach, FL

Property SizeContact for details
Days on Market93

Property Features for 5445 Collins Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 22
Full bathrooms 4
Rooms Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4
Parking 1
Window features Blinds
Subdivision CASTLE BEACH CLUB CONDO
Standard status Active
APN 02-30-00-000-0000

Taxes and HOA fees

Tax Year 2025
Tax Description CASTLE BEACH CLUB CONDO UNIT 1730 UNDIV 0.001541% INT IN COMMON ELEMENTS OFF REC 15285-1869 OR 16776-1146 16794-0852 0595 1
Tax Annual Amount 35903
HOA Fee $5,235 Monthly
Legal Description CASTLE BEACH CLUB CONDO UNIT 1730 UNDIV 0.001541% INT IN COMMON ELEMENTS OFF REC 15285-1869 OR 16776-1146 16794-0852 0595 1

Utilities

Utilities Cable Available
Heating system Central
Cooling system Central Air
Water front features Ocean Front, Ocean Access
Water front 1

Amenities

beachfront access
swimming pool
fitness center
valet parking

Building Details

Year built 1966
Flooring type Tile
Building materials Block
Listing Agency: Golden Keys Inc
Listed By: Victoria Romanenko · License #3264985
Added: Jul 1 Changed: Sep 12 Last Checked: Oct 1 at 9:06AM
MLS# A12029398

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This short-term rental portfolio includes 6 fully furnished studio residences at Castle Beach Club, with units 1730, 1232, 1424, 928, 724, and 1203. The residences feature tile flooring, central heating, and central air conditioning. The building was constructed in 1966 with block construction and includes cable availability.

The property is located at 5445 Collins Avenue in Miami Beach, on an oceanfront site with ocean access. Castle Beach Club provides a swimming pool, fitness center, valet parking, beachfront access, and on-site conveniences. The property is minutes from South Beach, Lincoln Road, and Bal Harbour Shops.

The residences are furnished and identified for short-term rentals, vacation stays, or Airbnb operations. The source information states that the units have no rental limitations, providing flexibility across lodging uses.

Key Highlights

  • 6 fully furnished studio residences included
  • Unit numbers 1730, 1232, 1424, 928, 724, and 1203
  • Ocean Front and Ocean Access waterfront features

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Law Firm Food Market Daycare Center Grocery & Convenience Store Hair Salon

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

668
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Furnished studio residences support short-term lodging, vacation stays, and Airbnb operations with ocean access and resort amenities.
Where is this short term rental property located?
The property is located at 5445 Collins Avenue Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 6 fully furnished studio residences included; Unit numbers 1730, 1232, 1424, 928, 724, and 1203; Ocean Front and Ocean Access waterfront features
More about this property
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