5225 Collins Ave, #PH8, Miami Beach, FL, 33140 | $9,900,000

A legacy two-story penthouse in The Alexander, offering five bedrooms, eight full baths, and two half baths, this grand residence opens with a double-height foyer and a staircase that sets an impressive tone throughout. Sunrise and sunset views, along with panoramas of downtown Miami, the Intracoastal, and the beach, fill every major room, including an expansive formal living area, an elegant dining room, and a spacious kitchen with a breakfast area. A large informal living space opens to a balcony overlooking downtown Miami, and the in-unit elevator provides seamless access between floors. The home features a rare two-story office, a private theater room, a full laundry room, and separate staff quarters complete with its own kitchen and bathroom. The primary suite offers dual walk-in closets, a separate soaking tub and shower, and a wide balcony with gorgeous skyline and sunset views. Secondary bedrooms are generous in size and ensuite, while a dedicated game room connects to an oversized private terrace facing the beach. Residents enjoy a direct beachfront setting on Collins Avenue with immediate access to the sand and boardwalk, along with two pools, an on-site restaurant and poolside bar, a fitness center with sauna, spa services, beach service, and valet parking. With its scale, privacy, and exceptional layout, this penthouse lives like a true estate. All utilities included in the maintenance.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 17
  • Amenities: Beach Rights,Fitness Center,Barbecue,Other,Picnic Area,Pool,Sauna,Spa/Hot Tub
  • Bedrooms: 5
  • Baths: 8 full / 2 half
  • Complex: THE ALEXANDER CONDO
  • Year Built: 1962
  • Common Charge: $3,613 Monthly
  • Approx Sq. Feet: 8,280
  • Est. Taxes: $65,297
  • View: Intercoastal,Ocean
  • Water Front: Yes
  • Elem. School: North Beach
  • Middle School: Nautilus
  • High School: Miami Beach
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Built-In Oven,Dryer,Dishwasher,Gas Range,Microwave,Refrigerator,Washer
  • MLS#: A11947018
  • Days on Market: 42 days
  • Website: https://www.raveis.com
    /prop/A11947018/5225collinsave_miamibeach_fl?source=qrflyer
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Listing courtesy of COMPASS FLORIDA, LLC   Phone: 305-851-2820

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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

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5225 Collins Ave, #PH8, Miami Beach, FL, 33140

$9,900,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $7,920,000 $7,920,000 $7,920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.130% 5.984% 5.912%
Monthly Tax Payment $5,441 $5,441 $5,441
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $44,969 $46,850 $65,768
Total Monthly Payment $50,535 $52,416 $71,334

* 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.