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Buildings/Miami Beach/THE PAVILION CONDO

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THE PAVILION CONDO

5601 Collins Ave, Miami Beach 33140

★ 4.1

1995

Year Built

407

Units

CI Score

Moderate

For Sale

$625K

Avg Price

$683

Sale $/SF

For Rent

$4,700

Avg Rent

$4.59

Rent $/SF

-7.1%

YoY

For Sale

For Rent

Investor-Owned

86%

Avg HOA

$1,174/mo

The Pavilion Condo is a 407-unit premium residential building located on Collins Avenue in Miami Beach, built in 1995. The property offers a range of floor plans from 1 to 3 bedrooms, with unit sizes spanning 100 to 3,909 square feet, providing options for various lifestyle preferences. With an investment score of 80.55/100 and strong rental demand, this Collins Avenue address positions residents in one of Miami Beach's most sought-after neighborhoods.

Building Details

Address

5601 Collins Ave, Miami Beach, 33140

Neighborhood

Miami Beach

Year Built

1995

Total Units

407

Avg Unit Sqft

984 SF

Tier

Premium

Avg $/SF

$683.03

Avg Rent

$4,700/mo

Rent $/SF

$4.59/SF

HOA Range

$1,118 – $1,652

Google Rating

4.1 (125 reviews)

Neighborhood Rank

Top 11%

Avg Unit Value

$464K

Total Sales (All-Time)

1,288

Phone

(305) 721-0454

Amenities

PoolFitness CenterElevatorLobbySecurityParking Garage

Investment Analysis

Yield Metrics

Rental Yield (annualized)8.3%

YoY Appreciation-7.1%

Total Yield83.8%

YoY Sale $/SF Change+12.9%

Liquidity & Demand

Closed Sales (120d)2

Days on Market239 days

Market Data

Sale Price Trend ($/SF)

$823

+84.3%

Rental Price Trend ($/SF)

$3.44

-2.3%

Building Activity

Days on Market

239

days

Sitting longer

Months of Inventory

64.0

months

Buyer's market

Sale-to-List Ratio

94.9%

Fair negotiation

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Sale (6)

$485K

Unit 919

1 bd2 ba930 sf

$522/SF15 DOM

$490K

Unit 717

2 bd2 ba930 sf

$495K

Unit 1517

1 bd2 ba930 sf

$532/SF139 DOM

$495K

Unit 1219

1 bd2 ba930 sf

$532/SF1 DOM

$499K

2 bd2 ba930 sf

$537/SF472 DOM

$515K

1 bd2 ba960 sf

$536/SF341 DOM

For Rent (6)

$3K

Unit 711

1 bd2 ba930 sf

$3/SF

$4K

1 bd2 ba930 sf

$4K

1 bd2 ba960 sf

$4/SF224 DOM

$5K

1 bd2 ba930 sf

$5/SF522 DOM

$5K

2 bd2 ba930 sf

$5/SF1308 DOM

$5K

2 bd2 ba1,460 sf

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Jan 9, 2026	$750K	$543.48	2/2	1,380
Oct 13, 2025	$585K	$629.03	1/1	930
Sep 29, 2025	$510K	$548.39	1/1	930
Sep 24, 2025	$605K	$650.54	1/1	930
Sep 3, 2025	$560K

Units & Ownership

Total Units

407

Avg Sqft

984 SF

Avg Assessed

$436K

Owner-Occupied

14%

Tax & Ownership

Investor-Owned

86%

Owner-Occupied

14%

Avg Assessed Value

$436K

Avg Taxable Value

$428K

Effective Year Built

1995

Zoning

4100

Unit Mix

1 BR251

Avg 946 SF

2 BR95

Avg 1,362 SF

3 BR1

Avg 3,270 SF

Unknown60

Avg 482 SF

Unit Directory

Showing 10 of 407 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
401	2	2	1,380	$639K	—	$620K	$449	Nov 2015
402	1	1	930	$415K	—	$204K	$219	Sep 2011
403	1	1	930	$438K	—	$25K	$27	Oct 2015
404	1	1	930	$336K	✓	$350K	$376	Jan 2014
405	1	1	930	$438K	—	$156K	$167	May 1996
406	1	1	930	$438K	—	$148K	$159	Apr 1995
407	1	1	930	$622K	—	$720K	$774	Aug 2021
408	1	1	930	$622K	—	$750K	$806	Sep 2023
409	1	1	930	$438K	—	$295K	$317	Aug 2003

Brokerage	Agents	Sales	Volume
Fortune International Realty Brickell	3	30	$15.1M
O Ocean Pavilion Realty Group LLC	1	21	$10.4M
G Galiano Realty Group	1	9	$4.7M
Douglas Elliman	5	5	$3.0M
ONE Sotheby's International Realty	4	5	$3.0M

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THE PAVILION CONDO

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

Active Agents

Brokerages

Photos

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