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5005 Collins Ave # 1224, Miami Beach FL 33140
About this home
Fabulous oceanfront property! Escape to your own paradise & indulge in private resort-style coastal living. Take strolls down the 9-mile long Beachwalk while enjoying the soothing sights & sounds of the turquoise ocean. Live worry-free in a sought after vacation spot all yr. round & enjoy the exclusive amenities of the gated well maintained Carriage Club North on prestigious Millionaire's Row: 24/7 front desk attendant,security guard,valet service,beach chairs,heated pool,hot tub,fitness gym,party room,library,pool tables,beauty salon,paddle+surfboard rack,bike room,marina,smart elevator Fri-Sat on automatic & all incl.fiber optic high speed Internet/central HVAC/hot water/storage.Spacious 2 bed/2 bath split fl. plan,walk-in shower,bathtub-shower combo,2huge walk-in closets,enlarged covered balcony, impact windows,2 separate A/C AHU/thermostats,only 1neighboring wall in the 2nd bedrm,laundry rm conveniently right across the hallway, 2 adjacent garage corner spots. Enjoy the nice northern exposure w/ no direct heat from the sun,no traffic noise from the street,nor direct winds from the ocean.Reside right between Bal Harbour & SoBe,ride from the bus & free trolley stops in front of the bldg.,only minutes away famous places of fine dining,incredible nightlife,luxurious shopping,artsy Feanea district,trendy SoHo House & much more.The condo assoc. has fully funded reserves,bldg. passed 40yr recertification,exclusive smoke-free zone & no AirBnB/pets!Seller pays special assessments!
Features
- Lobby
- Custom Mirrors
- French Doors
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Other View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $4,096
- HOA
- $1,761 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.