Home » Properties » 5151 Collins Ave # 923, Miami Beach FL 33140

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Spacious 3-Bedroom Condo with Terrace in Miami Beach

Fully remodeled 3-bedroom, 2-bath condo with large terrace and garage in Miami Beach. Short term rental available.

$7,500

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MLS #A11880200

Listing Updated: 2026-07-19 00:21:03

Listed By: Grand Realty of America, Corp.

Overview

This 1,360 sqft condominium at 5151 Collins Ave #923 offers a spacious living environment with three bedrooms and two bathrooms. The unit features a large terrace overlooking the Millionaire's Row intracoastal, providing stunning sunset views. Built in 1966, the residence has been fully remodeled to meet modern standards. Residents benefit from a private garage space and an outdoor barbeque area. Located in Miami Beach, this property is ideal for those seeking a comfortable and stylish home with convenient access to local amenities and waterfront attractions.

Property Highlights

3 bedrooms, 2 bathrooms, 1,360 sqft, large terrace with sunset views, garage space, barbeque area, fully remodeled, short term rental available, located on Millionaire's Row.

Property Details

City: Miami Beach

State: FL

Zip Code: 33140

Address: 5151 Collins Ave # 923, Miami Beach FL 33140

Year Built: 1966

Property Type: Residential Lease

Property Sub Type: Condominium

Listing Office Name: Grand Realty of America, Corp.

County: Miami-Dade County

Garage Spaces: 1

Parking Features: 1 Space

Interior Features:

Exterior Features: Barbeque

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $0

Days On Market: 262 Days

Original Listing Description

Short Term Rental Available. Please request price by season. Beautiful Fully Remodeled large 1,360sqft 2 PLUS DEN bedrooms 2-baths rotunda with huge terrace facing the stunning sunsets on Millionaire's row intracoastal. Equal Housing Opportunity.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

5151 Collins Ave # 923, Miami Beach FL 33140

About This Neighborhood

Located in Miami Beach, this condo benefits from proximity to vibrant cultural and recreational areas. The neighborhood offers easy access to beaches, dining, and shopping venues. The Millionaire's Row area is known for its scenic waterfront views and upscale atmosphere, providing residents with a refined living experience. The community combines urban convenience with coastal charm, making it a sought-after location for residents and visitors alike.

Walkability & Lifestyle

This condo is situated within walking distance of various restaurants, shops, and waterfront areas. Residents can enjoy easy access to Miami Beach's vibrant dining scene, boutique stores, and scenic coastal walks. The neighborhood supports an active lifestyle with nearby parks and recreational spaces, making daily errands and leisure activities convenient without relying heavily on transportation.

Things To Do Nearby

Miami Beach offers a wide range of activities including beach outings, boating, and cultural events. Residents near Millionaire's Row can explore waterfront dining, marinas, and nightlife options. Outdoor enthusiasts benefit from nearby parks and golf courses. The area also hosts festivals and entertainment venues, providing diverse recreational opportunities year-round.

Nearby Schools

Miami Beach offers access to a range of educational institutions, providing convenient options for families. The area's schools are within reasonable commuting distance, allowing residents to balance coastal living with educational needs. Proximity to reputable schools enhances the neighborhood's appeal for residents with children or those planning for future family needs.

Why Buyers Like This Area

Buyers appreciate this area for its blend of coastal beauty and urban amenities. The condo's location on Millionaire's Row offers scenic views and a prestigious address. Convenience to beaches, shopping, and dining enhances daily living. The spacious layout with a large terrace appeals to those seeking comfortable indoor-outdoor living. Overall, the neighborhood's lifestyle and accessibility make it a favored choice.

Investment Potential

This Miami Beach condominium appeals to renters seeking a spacious, well-located residence with modern updates. Its position on Millionaire's Row and access to waterfront views enhance its rental appeal. Seasonal demand in Miami Beach supports interest from short-term tenants, making it a versatile option for those considering rental opportunities. The property's size and amenities, including a garage and terrace, contribute to its desirability in the competitive rental market.

Market Trends

Miami Beach continues to attract strong interest from renters and buyers due to its coastal location and lifestyle amenities. The market features steady demand for well-maintained condominiums with waterfront access. Properties offering modern renovations and outdoor spaces tend to perform well. Inventory levels remain balanced, supporting a stable market environment. Buyers and renters prioritize units that provide both comfort and proximity to local attractions.

Rental Income Potential

The property's location on Millionaire's Row and its fully remodeled condition make it attractive for short-term and seasonal rentals. Miami Beach's popularity as a vacation destination drives tenant interest throughout the year. The availability of a garage and outdoor terrace adds to the unit's appeal for renters seeking convenience and lifestyle benefits. While rental income can vary seasonally, the condo's features support consistent tenant demand.