Home » Properties » 5775 Collins Ave # 1602, Miami Beach FL 33140

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Luxury 2-Bed Condo with Ocean Views at 57 Ocean Miami Beach

Elegant 2-bedroom, 3-bath condo with ocean views, balcony, and resort-style amenities in Miami Beach’s Millionaire’s Row.

$5,960,000

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MLS #A11817002

Listing Updated: 2026-07-09 00:33:54

Listed By: Million Realty LLC

Overview

Experience tropical modern luxury at 57 Ocean, located at 5775 Collins Ave #1602 in Miami Beach. This 2-bedroom, 3-bath condominium, built in 2021, offers 1612 sqft of refined living space with sweeping ocean views and a spacious open balcony that enhances indoor-outdoor living. The residence includes two assigned garage spaces and valet parking for convenience. Residents enjoy exclusive resort-style amenities such as beach and pool service, 24/7 valet and security, concierge, fitness trainers, spa services, and a private chef. Positioned on Millionaire’s Row, this boutique building boasts 220 feet of private beachfront, combining privacy with luxury in a prime location.

Property Highlights

2 bedrooms, 3 bathrooms, 1612 sqft, ocean views, open balcony, 2 garage spaces, valet parking, built in 2021, resort-style amenities, private beachfront, located on Millionaire’s Row.

Property Details

City: Miami Beach

State: FL

Zip Code: 33140

Address: 5775 Collins Ave # 1602, Miami Beach FL 33140

Year Built: 2021

Property Type: Residential

Property Sub Type: Condominium

Listing Office Name: Million Realty LLC

County: Miami-Dade County

Garage Spaces: 2

Parking Features: Assigned, Valet

Interior Features: Other

Exterior Features: Open Balcony

Waterfront: Yes

Pool: No

HOA Fee: $4,540

Annual Tax: $89,412

Days On Market: 322 Days

Original Listing Description

Live the essence of tropical modern luxury at 57 Ocean. This elegant 2-bedroom, 3-bath residence (Unit 1602) showcases sweeping ocean views and a generous balcony for effortless indoor-outdoor living. This boutique building offers resort-style amenities including beach and pool service, 24/7 valet and security, concierge, fitness trainers, spa services, and a private chef. Ideally located on Millionaire’s Row with 220 feet of private beachfront. Contact the listing agent to schedule a showing.

Property Location

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

5775 Collins Ave # 1602, Miami Beach FL 33140

About This Neighborhood

Located in Miami Beach’s exclusive Millionaire’s Row, this condominium benefits from proximity to pristine beaches, upscale dining, and vibrant cultural attractions. The neighborhood is renowned for its luxury residences and private beachfront access, offering residents a tranquil yet sophisticated lifestyle. Easy access to Collins Avenue provides convenient connections to shopping, entertainment, and transportation options, making this area highly desirable for those seeking a blend of relaxation and urban amenities.

Walkability & Lifestyle

This Miami Beach location provides excellent walkability with nearby restaurants, shopping venues, and beachfront areas within easy reach. Residents can enjoy leisurely strolls along the ocean, access to waterfront parks, and a variety of entertainment options. The neighborhood’s pedestrian-friendly layout enhances daily convenience and supports an active, outdoor lifestyle.

Things To Do Nearby

Residents of 57 Ocean enjoy access to Miami Beach’s renowned beaches, water sports, and vibrant nightlife. Nearby cultural attractions, fine dining, and outdoor recreational activities such as golf and boating enrich the lifestyle. The private beachfront and resort amenities further enhance leisure options, making it easy to enjoy both relaxation and entertainment.

Nearby Schools

Miami Beach offers access to a variety of educational institutions within reasonable distance, serving families and residents with diverse schooling options. The area’s schools provide convenient access for residents, contributing to the neighborhood’s appeal for buyers prioritizing education. Proximity to reputable schools complements the lifestyle benefits of living in this vibrant coastal community.

Why Buyers Like This Area

Buyers appreciate this property for its combination of modern design, ocean views, and comprehensive amenities in an exclusive location. The privacy of a boutique building on Millionaire’s Row, along with easy access to Miami Beach’s attractions, creates a balanced lifestyle. The spacious balcony and well-appointed interiors support comfortable living, appealing to those seeking both a primary residence and a seasonal retreat.

Investment Potential

This Miami Beach condominium offers attractive appeal due to its prime beachfront location on Millionaire’s Row, a highly sought-after area known for luxury living. The boutique building’s resort-style amenities and ocean views enhance its desirability for a range of buyers, including those relocating or seeking a vacation residence. Its modern construction and well-maintained condition contribute to its lasting appeal. While not guaranteeing returns, the property’s location and features support steady interest from tenants and buyers in this prestigious market.

Market Trends

Miami Beach’s luxury condominium market remains active, with steady demand for properties offering ocean views and premium amenities. Inventory in boutique buildings like 57 Ocean is limited, which supports sustained buyer interest. The area continues to attract a diverse group of buyers including second-home purchasers and those relocating for lifestyle reasons. Market trends reflect a preference for modern residences with resort-style features and private beach access, aligning well with this property’s offerings.

Rental Income Potential

Properties in this Miami Beach location typically attract strong rental interest due to their beachfront setting and upscale amenities. Seasonal demand can enhance rental opportunities, especially during peak tourist periods. The condominium’s features, including valet parking and concierge services, appeal to tenants seeking convenience and luxury. While rental income can vary, the property’s location and amenities contribute positively to its rental market potential.