$12,000,000
5775 Collins Avenue 1203
Miami Beach, FL 33140
MLS# A11483405
Status: Closed
4 beds  |  6 baths  |  3346 sqft


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Property Description
This exclusive oceanfront residence is perched along Millionaire's Row, offering a view of Miami Beach's most beautiful and sought-after stretch of beachfront. 57 Ocean comprises 70 luxury residences with floor-to-ceiling windows, spacious 12ft deep terraces & private elevator foyers. Unit 1203 is a haven of elegance & sophistication, collaboratively designed by Debbie Kalimian & Stephanie Cohen. Herringbone wood flooring throughout & custom Poliform closets grace the bathrooms, kitchen & pantry. Bathrooms are outfitted with luxurious Axor fixtures and kitchen is complete with SubZero & Wolf appliances. The unit is equipped with a SAVANT smart home system. This flow-through design spans the entire NE corner, offering breathtaking ocean-to-intracoastal views, redefining luxury living.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2023-11-09
Status: Closed
Original List Price: 15250000
Sold Price: $12,000,000
Current Price: $12,000,000
Occupant Type: Vacant
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 5775
Street Name: Collins
Street Suffix: Avenue
Unit Number: 1203
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33140
Postal Code +4: 2330
Postal Zip: 33140
Subdivision Name: AMD PL OF 2ND OCEAN FRONT
Area: 2320
Parcel Number: 0232110320380
Subdivision Number: 32
General Property Information
Total Units In Building: 70
Unit Floor #: 12
Property Sub Type: Condominium
Bedrooms Total: 4
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: 1
Building Area Main: 3346
Living Area Main: 3346
Adjusted Area Main: 3346
Year Built: 2021
Garage YN: 1
Garage Spaces: 3
Covered Spaces: 3
Senior Community YN: Yes
Waterfront YN: 1
Outdoor Living Spaces YN: Yes
Stories Total: 18
Financial Information
Association YN: 1
Association Fee: 9195
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 9195
Membership Fee Required YN: No
Tax Annual Amount: 116807
Tax Year: 2022
Tax Legal Description: 57 OCEAN CONDO UNIT 1203 UNDIV 2.2912% INT IN COMMON ELEMENTS OFF REC 32797-1625
Status Change Information
Major Change Timestamp: 2024-06-06T22:57:00Z
Major Change Type: Status Change
Price Change Timestamp: 2024-03-13T19:12:07Z
Status Change Date: 2024-06-07
Under Contract Date: 2024-04-05
Close Date: 2024-06-06
Close Price: 12000000
Buyer Financing: Cash
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Entry Information
Entry Level: 1
Parking Information
Open Parking Spaces: 2
Leasing Restrictions
Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 180
Buyer Details
Intended Use: Unknown/Withheld
Concessions
Seller Concessions: No
Price Calculations
Current Price To SqFt: 3586.37
Section Details
Parcel Number MLX: 0380
Originating Details
Originating System Key: 388385660
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval; Association Approval Required
Association Amenities: Maintenance
Association Fee Includes: Maintenance Grounds; Pool Service; Security; Trash
Flooring: Marble; Wood
Parking Features: Valet
Property Condition: New Construction
Appliances: Dishwasher; Refrigerator; Washer
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: Built-in Features; Closet Cabinetry; Other
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible
Pool Features: Private
Possession: Negotiable
Restrictions: Other Restrictions
Security Features: Elevator Secure; Key Card Entry; Lobby - Attended
Tax Information: Other Exemption
Unit Description: Corner/End Unit; High Rise
Water Access: Ocean Access; None
Water View: Bay; Direct Ocean; Intracoastal
Waterfront Features: Ocean Front
Showing Requirements: 24 Hour Notice; Showing Service
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Contingencies: None

IDX
Listing Office: Douglas Elliman
Source MLS Verified

Last Updated: August - 29 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.


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