5775 Collins Avenue 1203, Miami Beach, FL 33140

$12,000,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11483405

Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 3,346 Status: Closed

Current Price: $12,000,000 List Date: 11/09/2023 Last Modified: 12/25/2025

Overview

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.

Listing Details MLS# A11483405

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: Yes
Building Area Main: 3346
Living Area Main: 3346
Adjusted Area Main: 3346
Year Built: 2021
Garage YN: Yes
Garage Spaces: 3
Covered Spaces: 3
Senior Community YN: Yes
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 18

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

Contract Information

Comp Sale YN: No
Original List Price: 15250000
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

Financial Information

Association YN: Yes
Association Fee: 9195
Association Fee Frequency: Monthly
Application Required YN: Yes
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

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Entry Information

Entry Level: Yes

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

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes
Association Approval Required: Yes

Amenities

Cabana: Yes
Community Room: Yes
Fitness Center: Yes
Heated Pool: Yes
Management: Yes
Parking: Yes
Pool: Yes
Sauna: Yes
Spa/Hot Tub: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Maintenance Grounds: Yes
Pool Service: Yes
Security: Yes
Trash: Yes

Flooring

Marble: Yes
Wood: Yes

Parking Features

Valet: Yes

Property Condition

New Construction: Yes

Possession

Negotiable: Yes

Heating

Central: Yes

Unit Description

Corner/End Unit: Yes
High Rise: Yes

Water Access

Ocean Access: Yes
None: Yes

Water View

Bay: Yes
Direct Ocean: Yes
Intracoastal: Yes

Appliances

Dishwasher: Yes
Refrigerator: Yes
Washer: Yes

Interior Features

Built-in Features: Yes
Closet Cabinetry: Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Private: Yes

Security Features

Elevator Secure: Yes
Key Card Entry: Yes
Lobby - Attended: Yes

Waterfront Features

Ocean Front: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes
Showing Service: Yes

Master Bedroom/Bath

Separate Shower: Yes
Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Restrictions

Other Restrictions: Yes

Tax Information

Other Exemption: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Contingencies

None: Yes

Listing Office: Douglas Elliman

Last Updated: December - 25 - 2025

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5775 Collins Avenue 1203, Miami Beach, FL 33140 (MLS# A11483405)