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5775 Collins Ave # 1501, Miami Beach FL 33140
About this home
Rare-to-market oceanfront Sky Residence at 57 Ocean perched on the 15th floor with 12-foot-deep sunrise and sunset terraces showcasing panoramic ocean and city skyline views. This 4-bedroom, 5.5-bathroom home offers 3,443 interior square feet complemented by 1,581 square feet of outdoor living, all finished with warm wood-like ceiling accents that extend the home outward and create refined, seamless indoor-outdoor coastal living. A private elevator opens to a light-filled living area with 10-foot ceilings, floor-to-ceiling glass and marble & herringbone wood floors that create a sophisticated and inviting setting for everyday living. The Poliform kitchen features modern cabinetry, a solid marble waterfall island, marble countertops and backsplash, Sub Zero/Wolf appliances, wine refrigerator and a walk-in pantry. The primary suite includes a comfortable seating area, terrace access, generous walk-in closet and a spa-inspired bathroom lined in floor-to-ceiling natural stone with Poliform vanities, double shower and a floating tub. Each guest bedroom includes an ensuite bathroom for privacy and comfort. Ideally situated on Mid-Beach’s iconic Millionaire’s Row, 57 Ocean offers 5-star amenities including direct access to 220 feet of oceanfront, two cabana-lined oceanfront infinity pools, a holistic wellness pavilion spa with indoor and outdoor experiences, fitness center, poolside bar, library, club room with professional-grade kitchen, kids' room and pool and beach services.
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Other
- Pantry
- Split Bedroom
- Walk-In Closet(s)
- Maid/In-Law Quarters
- Open Balcony
- Bay
- Ocean View
- Direct Ocean
- Skyline
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
- $73,295
- HOA
- $9,379 / 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.
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Request a private or video tour with a local agent.
Run the numbers
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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.