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2-Bedroom Condo with Beach Access on Millionaires Row

Spacious 2-bedroom, 2-bath condo with large balcony and views of Miami and Intracoastal. Full-service building with resort amenities and direct beach access.

$415,000

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MLS #A11656140

Listing Updated: 2026-07-13 12:38:46

Listed By: Ocean Pavilion Realty Group LLC

Overview

Located at 5555 Collins Ave #8Z in Miami Beach, this 2-bedroom, 2-bath condominium offers 1064 sqft of comfortable living space. Built in 1967, the unit features a large master bedroom and a spacious balcony with stunning views of Miami and the Intracoastal Waterway. The full-service building is positioned on the prestigious Millionaires Row and provides direct access to the beach. Residents enjoy resort-style amenities including 24-hour security, basketball, tennis, and racquetball courts, a gym, and an onsite restaurant. Although the pool is currently closed, beach umbrellas and chairs are available for use at the beach. The property includes one parking space for convenience.

Property Highlights

Full-service building on Millionaires Row, direct beach access, 2 bedrooms, 2 bathrooms, large balcony with views, 24-hour security, sports courts, gym, onsite restaurant, 1 parking space.

Property Details

City: Miami Beach

State: FL

Zip Code: 33140

Address: 5555 Collins Ave # 8Z, Miami Beach FL 33140

Year Built: 1967

Property Type: Residential

Property Sub Type: Condominium

Listing Office Name: Ocean Pavilion Realty Group LLC

County: Miami-Dade County

Garage Spaces: 1

Parking Features: 1 Space

Interior Features: Other

Exterior Features:

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $4,485

Days On Market: 674 Days

Original Listing Description

Full service building located on Millionaires row with direct beach access. Beautiful beach and beach walk with resort style amenities and onsite restaurant. This 2/2 unit has a large blacony and views of Miami and intracoastal. Very spacious master bdrm. 24 hour security. Basketball, tennis court and racquetball court and gym. Pool is closed for now. Beach umbrella and chair at beach.

Property Location

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

5555 Collins Ave # 8Z, Miami Beach FL 33140

About This Neighborhood

Miami Beach’s Millionaires Row is a prestigious area characterized by luxury condominiums and direct beach access. The neighborhood offers a blend of serene oceanfront living and easy access to vibrant city life. Residents enjoy proximity to high-end dining, shopping, and entertainment options along Collins Avenue. The area is well-maintained and provides a secure environment with 24-hour security services. Its location near the Intracoastal Waterway adds scenic value and recreational opportunities, making it a sought-after destination for those looking to experience the best of Miami Beach.

Walkability & Lifestyle

The location at 5555 Collins Ave offers excellent walkability with nearby restaurants, shops, and entertainment venues within easy reach. Residents can enjoy leisurely walks along the beach and the Miami Beach Boardwalk, enhancing daily lifestyle options. The area supports an active outdoor lifestyle with access to parks, waterfront paths, and recreational facilities. Convenience is further enhanced by proximity to public transportation and essential services, making it easy to navigate the neighborhood without a car.

Things To Do Nearby

Miami Beach is known for its vibrant lifestyle and diverse activities. Nearby, residents can enjoy beach outings, water sports, and dining at the onsite restaurant. The presence of basketball, tennis, and racquetball courts offers active recreational options. Cultural attractions, nightlife, and shopping along Collins Avenue provide ample entertainment choices. Outdoor enthusiasts benefit from access to marinas, parks, and walking paths, making it easy to engage in a variety of leisure pursuits year-round.

Nearby Schools

Miami Beach offers access to a variety of educational institutions within reasonable distance, catering to families and individuals relocating to the area. The neighborhood’s convenient location allows for manageable commutes to public and private schools in Miami-Dade County. Educational facilities nearby provide options for different grade levels, ensuring accessibility to quality education. This makes the area suitable for buyers prioritizing school access alongside lifestyle amenities.

Why Buyers Like This Area

Buyers are drawn to this property for its prime location on Millionaires Row with direct beach access and resort-style amenities. The spacious layout, large balcony with views, and secure environment meet the needs of those seeking comfort and convenience. The combination of recreational facilities and an onsite restaurant enhances the lifestyle appeal. Its proximity to Miami Beach’s vibrant cultural and entertainment scene adds further value, making it suitable for both primary residences and second homes.

Investment Potential

This condominium in Miami Beach benefits from its prime location on Millionaires Row, known for its desirable beach access and resort-style living. Properties in this area attract a diverse range of buyers and renters due to the combination of lifestyle amenities and proximity to the ocean. The unit’s features, including spacious bedrooms, a large balcony with scenic views, and access to sports facilities, enhance its appeal. While the pool is currently closed, the building’s full-service offerings and onsite restaurant contribute to tenant interest. Seasonal demand in Miami Beach supports steady occupancy potential for owners considering rental opportunities.

Market Trends

The Miami Beach real estate market remains attractive due to its unique coastal location and lifestyle offerings. Properties on Millionaires Row continue to draw interest from buyers seeking beachfront living with resort-style amenities. Inventory in this segment is limited, which supports steady demand. Buyers appreciate the combination of established buildings with modern conveniences and the appeal of direct beach access. Market trends indicate ongoing interest from both local and international buyers, contributing to a dynamic and competitive environment in this part of Miami Beach.

Rental Income Potential

The rental market for condominiums in Miami Beach, especially those with direct beach access and resort amenities, tends to be active throughout the year. This property’s location on Millionaires Row and its access to sports courts, gym, and an onsite restaurant enhance its appeal to tenants. Seasonal demand peaks during the winter months when visitors seek beachfront accommodations. While rental income can vary, properties with these features often attract a range of renters, from vacationers to longer-term residents, supporting consistent occupancy potential.