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Buildings/Miami Beach/5600 CONDO

Premium

5600 CONDO

5600 COLLINS AVE, Miami Beach 33140

★ 4.3

1967

Year Built

287

Units

CI Score

Moderate

For Sale

$782K

Avg Price

$477

Sale $/SF

For Rent

$3,600

Avg Rent

$3.38

Rent $/SF

+3.5%

YoY

For Sale

For Rent

Investor-Owned

72%

Avg HOA

$1,470/mo

5600 Condo is a 287-unit residential building located on Collins Avenue in Miami Beach, built in 1967. The property offers a range of 1-2 bedroom units spanning 930-2,120 square feet, catering to both owner-occupants and investors. With an average price per square foot of $532.26 and competitive rental rates, it provides a solid option for those seeking established Miami Beach living.

Building Details

Address

5600 COLLINS AVE, Miami Beach, 33140

Neighborhood

Miami Beach

Year Built

1967

Total Units

287

Avg Unit Sqft

1,284 SF

Tier

Premium

Avg $/SF

$477.23

Avg Rent

$3,600/mo

Rent $/SF

$3.38/SF

HOA Range

$1,245 – $27,251

Google Rating

4.3 (80 reviews)

Neighborhood Rank

Top 22%

Avg Unit Value

$525K

Total Sales (All-Time)

1,025

Phone

(305) 865-7820

Amenities

PoolElevatorLobbyParkingSecurity

Investment Analysis

Yield Metrics

Rental Yield (annualized)9.1%

YoY Appreciation+3.5%

Total Yield81.5%

Median Rent$3,600/mo

YoY Rent Change+22.0%

YoY Sale $/SF Change-4.4%

Liquidity & Demand

Closed Sales (120d)4

Days on Market132 days

Months of Inventory14.0

Sale-to-List Ratio1.0%

Market Data

Sale Price Trend ($/SF)

$446

-9.2%

Rental Price Trend ($/SF)

$2.69

-25.9%

Building Activity

Days on Market

132

days

Sitting longer

Months of Inventory

14.0

months

Buyer's market

Sale-to-List Ratio

97.7%

Strong demand

Price Reductions

75%

of listings

Many price cuts

Closed Sales (120d)

transactions

Moderate activity

Median Rent

$3,600

/month

Sales & Listings

Active Listings

For Sale (6)

$495K

Unit 5C

2 bd2 ba1,190 sf

$416/SF

$529K

Unit 15B

2 bd2 ba1,190 sf

$445/SF10 DOM

$539K

2 bd2 ba1,190 sf

$453/SF243 DOM

$539K

Unit 16Y

2 bd2 ba1,190 sf

$453/SF29 DOM

$649K

Unit 7Y

2 bd2 ba1,190 sf

$545/SF

$649K

Unit 7Y

2 bd2 ba1,190 sf

$545/SF

For Rent (5)

$3K

Unit 8A

1 bd1 ba930 sf

$3/SF6 DOM

$3K

Unit 4U

2 bd2 ba1,190 sf

$3/SF

$4K

Unit 4P

2 bd2 ba1,190 sf

$4K

Unit 17G

2 bd2 ba1,270 sf

$4/SF1 DOM

$9K

3 bd3 ba2,120 sf

$4/SF320 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Jan 12, 2026	$495K	$532.26	1/1	930
Nov 24, 2025	$650K	$546.22	2/2	1,190
Nov 12, 2025	$765K	$437.14	2/2	1,750
Oct 17, 2025	$500K	$420.17	2/2	1,190
Oct 16, 2025	$550K

Units & Ownership

Total Units

287

Avg Sqft

1,284 SF

Avg Assessed

$410K

Owner-Occupied

28%

Tax & Ownership

Investor-Owned

72%

Owner-Occupied

28%

Avg Assessed Value

$410K

Avg Taxable Value

$395K

Effective Year Built

1967

Zoning

4100

Unit Mix

1 BR27

Avg 973 SF

2 BR259

Avg 1,317 SF

Unknown1

Unit Directory

Showing 10 of 287 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
3-A	1	1	930	$178K	✓	$170K	$183	Mar 2002
3-B	2	2	1,190	$317K	—	$280K	$235	Dec 2013
3-C	2	2	1,190	$317K	—	$285K	$239	May 2015
3-D	2	2	1,190	$435K	—	$600K	$504	Nov 2024
3-E	2	2	1,650	$395K	—	$300K	$182	Oct 2019
3-F	2	2	1,750	$248K	✓	$575K	$329	Jun 2016
3-G	2	2	1,270	$444K	—	$330K	$260	Aug 2012
3-H	2	2	1,190	$388K	—	$209K	$176	Feb 2001
3-J	2	2	1,190	$344K	✓	$429K	$361	Feb 2021