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5 Beds
7 Baths
6,584 sqft

$3,890,000

5255 Collins Ave Unit: PH A & CD, Miami Beach FL, 33140

Price per sqft$590.83
Built in1963
Property size6,584 sqft
Property typeCondominium

Overview

Active

Listed May 22, 2026

Updated Jul 7

This extraordinary direct oceanfront penthouse offers a scale, position, and level of opportunity rarely available in today's market. 6,584 sf of interior living space and 2,884 sf of terraces with uninterrupted Atlantic Ocean views to the east and sunset vistas over Indian Creek and the Miami skyline to the west. This penthouse lives like a private oceanfront estate in the sky. Expansive entertaining spaces, oversized bedroom suites, and floor-to-ceiling exposures create a dramatic canvas craft one of Miami Beach's truly iconic residences. Fully permitted design plans are included, offering a seamless path to modernization and customization while preserving the property's rare scale and irreplaceable footprint. The residence is situated within one of Mid-Beach's most substantial oceanfront enclaves, spanning multiple beachfront acres along a coveted stretch bordered by the Atlantic Ocean and Indian Creek. The building is nearing completion of an extensive transformation tied to its 40/50-year recertification, enhancing the property's long-term quality, safety, and stature. Recent upgrades to the residence itself include brand-new hurricane-impact windows throughout. Enjoy a full-service lifestyle with 24h concierge and valet, a designed pool deck, fitness center, cabanas, outdoor entertaining areas, and private beach access with dedicated beach service. Maintenance includes all utilities. The offering also includes same-floor storage and two assigned garage parking spaces.

$25,880/mo

Est. mortgage payment based on a $3,890,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12015626

Interior Features

Bedrooms
5
Bathrooms
7
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$36,032
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
View
Yes
Waterfront
Yes
MLS provider logo

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2026 Miami Association of REALTORS® all rights reserved. 

Data last updated 10:47 PM UTC, 7/7/2026.

Listed by:  Coldwell Banker Realty, 305-672-6300

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