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32341434
32341404

5225 Collins Avenue, Miami, FL 33140

MF
3291623
Compass Florida LLC
Listed by Compass Florida LLC
$9,900,000
28 days on market
Updated 28 days ago

5225 Collins Ave, PH8

Details
Property Type Special Purpose
Sub Type Short term rental
Square Footage 8,280
Units 5
Year Built 1962
Parking Spaces spaces
Investment Type Owner/User
Ground Lease No

Investment Opportunity | Two-Story Penthouse Averaging $5,000/Night

Marketing description

A legacy two-story penthouse in The Alexander, offering five bedrooms, eight full baths, and two half baths, this grand residence opens with a double-height foyer and a staircase that sets an impressive tone throughout. Sunrise and sunset views, along with panoramas of downtown Miami, the Intracoastal, and the beach, fill every major room, including an expansive formal living area, an elegant dining room, and a spacious kitchen with a breakfast area. A large informal living space opens to a balcony overlooking downtown Miami, and the in-unit elevator provides seamless access between floors. The home features a rare two-story office, a private theater room, a full laundry room, and separate staff quarters complete with its own kitchen and bathroom. The primary suite offers dual walk-in closets, a separate soaking tub and shower, and a wide balcony with gorgeous skyline and sunset views. Secondary bedrooms are generous in size and ensuite, while a dedicated game room connects to an oversized private terrace facing the beach. Residents enjoy a direct beachfront setting on Collins Avenue with immediate access to the sand and boardwalk, along with two pools, an on-site restaurant and poolside bar, a fitness center with sauna, spa services, beach service, and valet parking. With its scale, privacy, and exceptional layout, this penthouse lives like a true estate. All utilities included in the maintenance.

Investment highlights

This 8,500 SF two story penthouse features 5 bedrooms, 8 full baths, and 2 half baths, with sunrise and sunset views spanning downtown Miami, the Intracoastal, and the beach. Residences of this scale, especially with short term rental flexibility, are extremely rare in Miami Beach. Comparable luxury beachfront properties are averaging $5,000+ per night. From an investment standpoint, the numbers are compelling. The maintenance is $3,613.68/month. No separate utility expense. Electric, water, cable and all utilities are included in maintenance. The home offers expansive living and entertaining areas, a private in-unit elevator, theater room, game room, separate staff quarters, and a grand primary suite with dual walk-in closets. Two oversized terraces include a downtown facing terrace off the primary suite and a beach facing terrace off the game room.

Listing Contacts

MF
3291623
Compass Florida LLC
Listed by Compass Florida LLC

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