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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

$814K

Avg Price

$488

Sale $/SF

For Rent

$3,550

Avg Rent

$3.25

Rent $/SF

+2.9%

YoY

For Sale

For Rent

Investor-Owned

72%

Avg HOA

$1,881/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

$487.56

Avg Rent

$3,550/mo

Rent $/SF

$3.25/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)

1,110

Phone

(305) 865-7820

Amenities

PoolElevatorLobbyParkingSecurity

Investment Analysis

Yield Metrics

Rental Yield (annualized)8.7%

YoY Appreciation+2.9%

Total Yield81.5%

Liquidity & Demand

Closed Sales (120d)3

Days on Market140 days

Months of Inventory14.7

Sale-to-List Ratio1.0%

Price Reduction Rate67%

Investor-Owned72%

For Sale6

For Rent6

Market Data

Sale Price Trend ($/SF)

$465

-21.5%

Rental Price Trend ($/SF)

$2.68

+8.1%

Building Activity

Days on Market

140

days

Sitting longer

Months of Inventory

14.7

months

Buyer's market

Sale-to-List Ratio

98.0%

Strong demand

Price Reductions

67%

of listings

Many price cuts

Closed Sales (120d)

transactions

Moderate activity

Sales & Listings

Active Listings

For Sale (6)

$539K

Unit 16Y

2 bd2 ba1,190 sf

$453/SF29 DOM

$539K

2 bd2 ba1,190 sf

$453/SF221 DOM

$649K

Unit 7Y

2 bd2 ba1,190 sf

$545/SF

$649K

Unit 7Y

2 bd2 ba1,190 sf

$545/SF

$799K

Unit 12E

2 bd2 ba1,650 sf

$484/SF196 DOM

$829K

2 bd2 ba1,650 sf

For Rent (6)

$3K

Unit 5L

1 bd1 ba930 sf

$3/SF7 DOM

$3K

Unit 17V

2 bd2 ba1,190 sf

$3/SF

$4K

Unit 4P

2 bd2 ba1,190 sf

$4K

2 bd2 ba1,190 sf

$4K

2 bd2 ba1,190 sf

$3/SF100 DOM

$4K

Unit 4E

2 bd2 ba1,650 sf

$2/SF1 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 17, 2025	$765K	$437.14	2/2	1,750
Nov 12, 2025	$765K	$437.14	2/2	1,750
Oct 27, 2025	$500K

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

Get Market Updates

5600 CONDO

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

Photos

New Listing Alerts