Listing Information

MLS Number: A11572332
Status: Active
Unit Number: 704
Building Name:
Building Address: 5775 Collins Ave, Miami Beach, Miami-Dade, FL 33140
Unit Size: 1,262 sq ft
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 1
Parking:
View:
Rental Price: $14,500 ($11 PPSF)
MLS Photo 1MLS Photo 2MLS Photo 3MLS Photo 4MLS Photo 5MLS Photo 6MLS Photo 7MLS Photo 8MLS Photo 9MLS Photo 10MLS Photo 11MLS Photo 12MLS Photo 13MLS Photo 14MLS Photo 15MLS Photo 16MLS Photo 17

Floor Plan

Floor Plan

Building Information

57 Ocean

Number of units: 69
Building inventory for rent: 2 (3%)
Building inventory for sale: 4 (6%)
Number of sales over the last 12 months: 8
Number of sales over the last 6 months: 4
Number of sales over the last 3 months: 3

Building Association

57 Ocean Condominium Association, Inc.
5775 Collins Ave
Miami Beach, FL33140

Link: https://www.57ocean.com/

Recent Sales

Unit # Size Closing Date Sale Price PPSF
1702 1,612 sq ft May 2024 $6,000,000 $3,722
PH-2 6,461 sq ft Apr 2024 $25,000,000 $3,869
1205 1,245 sq ft Mar 2024 $2,750,000 $2,209
303 2,903 sq ft Dec 2023 $8,765,000 $3,019
701 1,972 sq ft Aug 2023 $7,100,000 $3,600
504 1,262 sq ft Aug 2023 $2,250,000 $1,783

Market Information

Building vs City

57 Ocean: $3941/sq. ft.
Miami Beach: $937/sq. ft.

City vs County

Miami Beach: $937/sq. ft.
Miami-Dade: $694/sq. ft.

57 Ocean inventory for sale: 5%
Miami Beach inventory for sale: 4%
Miami-Dade inventory for sale: 3%

Avg. time to close over last 12 months

57 Ocean: 71 days
Miami Beach: 97 days
Miami-Dade: 81 days

Building Photo

Aerial photo
Built in 2021 - 69 units - 19 floors

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Listing A11572332 data provided by Miami Association of Realtors.