5005 Collins Avenue PH02, Miami Beach, FL 33140

1 bed · 2 bath · 1,046 sqft · Built 1964

Discover a rare penthouse opportunity on iconic Millionaire's Row, where sweeping Intracoastal waters and the Miami skyline create an extraordinary backdrop to everyday living. Impeccably maintained and move-in ready, this spacious 1-bedroom, 2-full-bath residence offers the comfort and flexibility today's buyers seek, complemented by abundant natural light and impressive sunset views from the privacy of the top floor. The thoughtfully designed layout provides generous living and entertaining spaces, along with a dedicated office area and den enclosed by a glass partition, offering additional flexibility for work, guests, or everyday living. The pristine condition allows for immediate enjoyment.Residents enjoy resort-style amenities including 24-hour concierge, heated pool, beach service, fitness center, jacuzzi, library, BBQ area, valet, and direct beach access via the oceanfront boardwalk. The building has completed significant capital improvements, including impact windows and doors, and has successfully passed its 50-year certification.Ideally positioned moments from Fontainebleau, Soho Beach House, the Faena District, world-class dining, and the very best of Miami Beach living. The residence is currently leased through September 30, 2026, offering flexibility for buyers planning a future move or an effortless transition for those wishing to continue generating rental income, as the current tenant has expressed interest in extending their stay. Penthouse residences in this sought-after building rarely become available.

Property type

Condominium

Condition

Resale

Year built

1964

Stories

15

Subdivision

Carriage Club North

Waterfront

Yes

Waterfront features

CanalFront,OceanFront

Private pool

No

HOA (monthly)

$1,467

Parcel number

0232140180280

Annual tax

$7,076

Miami Beach runs from South Beach Art Deco condos to Mid-Beach high-rises and North Beach single-family pockets. The condo market dwarfs the SFH market here — supply dynamics diverge sharply by submarket.