David Ramirez
$495,000$500,0002 bd2 ba1,047 sqft$473 /sqft$5,230 /mo all-in ↓

5555 Collins Ave # 7B, Miami Beach FL 33140, MIAMI BEACH, FL, 33140

Active37 days on marketListed Jul 5, 2026MLS #A12046165

Reduced $5KWaterfrontCondominiumOCEANSIDE PLAZA CONDO

About this home

5555 Collins Ave # 7B, Miami Beach FL 33140

Amazing opportunity for a beautiful unfurnished unit. Discover Miami Beach living at its finest in this Tommy Bahama-inspired unit at Oceanside Condominium Association, Unit 7B. The building is on first line on beach. direct access to beach walk and beach. Redone unit with beautiful view. Full amenity building. Call to show. This 2-bedroom, 2-bathroom home boasts 1,047 square feet of stylish comfort with partial ocean views and a spacious balcony. The kitchen features new appliances and a dishwasher. Enjoy amenities like concierge, valet parking, gym, pool and more as billiard room and basketball courts. This high-rise gem offers the perfect blend of modern convenience and tropical charm. Don't miss out on this Miami Beach retreat!

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,047

Sqft

1

Garage

1967

Year built

$473

Per sqft

WaterfrontOcean View & Other View view

Inside

AppliancesDishwasher · Electric Range · Microwave · Refrigerator
InteriorFirst Floor Entry · Walk-In Closet(s)
CoolingOther
HeatingNone

Outside & construction

ConstructionCBS Construction
ViewOcean View · Other View
ParkingAdditional Spaces Available · Valet · No Rv/Boats · No Trucks/Trailers
ExteriorOpen Balcony

Community & fees

HOA fee$1,377/mo
Taxes (2023)$6,722/yr

Utilities & systems

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$5,230 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,914
FHA mortgage insurance (est.)$219
Property tax — 2023 actual bill$560
Condo fee — from the listing$1,377
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $17,325Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $17,325
Interest rate6.00%
Loan term

Estimated payment

$5,230/mo

Principal & interest$2,914
FHA mortgage insurance (est.)$219
Property taxes (actual bill)$560
HOA / condo fee$1,377
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $495K
$475KedgeAI estimate $596,626 · range $571K$677K$704K

vs edgeAI estimate

−17%

$/sqft vs OCEANSIDE PLAZA CONDO

$473 vs $491

Days on market

37 vs 91 typical

Where $473/sqft sits among the 10 homes for sale in OCEANSIDE PLAZA CONDO

1
2
5 · this home
1
0
1
$326–398$398–471$471–544$544–616$616–689$689+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Oceanfront

Map of 5555 Collins Ave # 7B, Miami Beach FL 33140 inside its neighborhood boundary

Get to know Miami Beach. See the full Miami Beach guide →

Oceanfront — neighborhood snapshot

Population

11,235

Median age

48

Median income

$110,561

Median home value

$633,292

Avg household

2

Households w/ children

959

For the school run

Dade County School District

ElementaryNorth Beach Elementary School★★★★★
MiddleMiami Beach Nautilus Middle School★★★★★
HighMiami Beach Senior High School★★★★★
District Instructional Center (Dic)
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami Beach market

Seller’s marketLeans buyer23.7 months of inventoryBuyer’s market

$285K$525K

Miami Beach median sold, yr/yr

95.1%

Sale-to-list ratio (12 mo)

1 of 10

OCEANSIDE PLAZA CONDO have cut their price

Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 27% above the MIAMI BEACH 33140 median. See the full Miami Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $495,000 $5K
Jul 5, 2026Listed at $500,000 · 37 days on market since
1967Built · OCEANSIDE PLAZA CONDO

Reality check

What actually sold near 5555 Collins Ave # 7B

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

Nearby listingSold · Aug ’25

$700,000

Nearby listing · same community

1 bd · 2 ba · 1,048 sqft · $668/sqft

5555 Collins Ave # 8U, Miami Beach FL 33140Sold · Mar ’26

$325,000

5555 Collins Ave # 8U, Miami Beach FL 33140 · same community

2 bd · 2 ba · 1,048 sqft · $310/sqft · 148 DOM

5555 Collins Ave # 4W, Miami Beach FL 33140Sold · Mar ’26

$300,000

5555 Collins Ave # 4W, Miami Beach FL 33140 · same community

2 bd · 2 ba · 1,048 sqft · $286/sqft · 143 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 5555 Collins Ave # 7B — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5555 Collins Ave # 7B — before you fall in love.

See it in person

Schedule a tour

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Straight answers

5555 Collins Ave # 7B FAQs

What would the monthly payment be for 5555 Collins Ave # 7B, Miami Beach FL 33140?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $5,230/mo — principal and interest, the actual property-tax bill, the $1,377/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 5555 Collins Ave # 7B, Miami Beach FL 33140?+

The association fee works out to $1,377 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 5555 Collins Ave # 7B, Miami Beach FL 33140?+

The most recent tax bill on record (2023) was $6,722. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Miami Beach?+

At $495,000, this home is listed about 24% below the Miami Beach median of $649,900. The market section on this page shows how the area is trending.

Which schools are assigned to 5555 Collins Ave # 7B, Miami Beach FL 33140?+

North Beach Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$495,000 runs 27% above the MIAMI BEACH 33140 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Know the monthly fee

The association fee is $1,377/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

04Strong assigned schools

North Beach Elementary School, Miami Beach Nautilus Middle School, Miami Beach Senior High School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — North Beach Elementary School rates 5 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $500,000, now $495,000 — a $5K cut. The full history is in the market section below.

Listing courtesy of Lifestyle International Realty · Javier Pineda Castellanos. MLS #A12046165.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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