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Ocean Front Short Term Rental Studios
For Sale
$2,400,000

5445 Collins Avenue, Miami Beach, FL 33140

MULTI_FAMILY - Miami Beach, FL

Property SizeContact for details
Days on Market47

Property Features for 5445 Collins Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 22
Full bathrooms 4
Rooms Bathroom 2, Bathroom 1, Bathroom 3, 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
on-site conveniences

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: Jul 28 Last Checked: Aug 16 at 9:06PM
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 package offers six fully furnished studio residences at Castle Beach Club, located directly on the ocean. The identified units are 1730, 1232, 1424, 928, 724, and 1203. The building includes resort-style amenities designed for guest stays, including beachfront access, a swimming pool, fitness center, and valet parking.

The property is an ocean front/ocean access location and features block construction. Interior finishes include tile flooring, and the units are served by central heating and central air conditioning. Cable service is available.

Built in 1966, Castle Beach Club provides on-site conveniences that can support short-term rental and vacation stays, with access to area attractions including South Beach, Lincoln Road, and Bal Harbour Shops.

Key Highlights

  • Six fully furnished studio residences: units 1730, 1232, 1424, 928, 724, and 1203
  • Ocean front and ocean access waterfront location at Castle Beach Club
  • Resort amenities include beachfront access, swimming pool, and fitness center

Property Analytics

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Short term rental property - Package of six furnished studio residences at an ocean front property with resort amenities including a pool and fitness center.
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: Six fully furnished studio residences: units 1730, 1232, 1424, 928, 724, and 1203; Ocean front and ocean access waterfront location at Castle Beach Club; Resort amenities include beachfront access, swimming pool, and fitness center
More about this property
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