5401 Collins Ave, #340, Miami Beach, FL, 33140 | $575,000

Oceanfront elegance on prestigious Millionaire’s Row! Welcome to this stunning 2-bedroom, 2-bath townhouse-style residence perched on the top floor of the iconic Carriage House at 5401 Collins Ave. This residence offers true Miami Beach resort-style living with direct private beach access and entry to the newly completed, lighted oceanfront boardwalk—perfect for walking, jogging, biking, or rollerblading. The unit features a private balcony with breathtaking ocean, pool, garden, and beach views, floor-to-ceiling windows in the primary bedroom, custom built-out closets, in-unit washer/dryer, and an open layout. The Carriage House is a full-service oceanfront building offering exceptional amenities, including a heated Olympic-size pool, jacuzzi, ocean-view gym, sauna, tennis, basketball and racquetball courts, picnic areas, assigned covered parking, and 24-hour security/front desk. On-site conveniences include a restaurant, mini-market, beauty and nail salon, tailor/dry cleaning services. Jewish-friendly features, including an on-site synagogue and Shabbat elevator, adding unmatched convenience for residents seeking these amenities. Building has completed its full recertification and major upgrades. Maintenance includes water, basic cable, internet, and access to all resort-style amenities. Ideally located minutes from South Beach, Bal Harbour, worldclass dining, shopping, and nightlife, this is the perfect place to call home or enjoy as a luxury beachfront escape.

Features

  • Heating: None,Space Heater
  • Cooling: Central Air,Electric
  • Levels: 17
  • Amenities: Basketball Court,Boat Dock,Marina,Bike Storage,Fitness Center,Hobby Room,Laundry,Pool,Storage,Tennis Court(s),Trail(s),Trash,Elevator(s)
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: THE CARRIAGE HOUSE CONDO
  • Year Built: 1967
  • Common Charge: $1,865 Monthly
  • Approx Sq. Feet: 1,230
  • Est. Taxes: $5,575
  • View: Intercoastal,Ocean,Other
  • Water Front: Yes
  • Elem. School: North Beach
  • Middle School: Nautilus
  • High School: Miami Beach
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dryer,Dishwasher,Electric Range,Ice Maker,Refrigerator,Self Cleaning Oven,Washer
  • MLS#: A11949111
  • Days on Market: 43 days
  • Website: https://www.raveis.com
    /prop/A11949111/5401collinsave_miamibeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing courtesy of Edwin Vega Realty LLC   Phone: 305-400-0844

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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5401 Collins Ave, #340, Miami Beach, FL, 33140

$575,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $460,000 $460,000 $460,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.296% 6.406% 5.668%
Monthly Tax Payment $465 $465 $465
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,684 $2,832 $3,728
Total Monthly Payment $3,241 $3,389 $4,285

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.