5255 Collins Ave, Miami Beach FL 33140, Miami Beach
$3,890,000
Miami Beach, FL, 33140












Property details
- Bedrooms
- 5
- Bathrooms
- 7
- Living area
- 6,584 sqft
- Year built
- 1963
- Type
- Condominium
- Association fee
- $7,482 / monthly
- Days on market
- 25
- MLS #
- A12015626
Listing courtesy of Coldwell Banker Realty · 786-333-3727. Listing agent: Attila Yildiz. MLS data last updated 2026-06-16.
Description
This extraordinary direct oceanfront penthouse offers a scale, position, and level of opportunity rarely available in today's market. 6,584 sf of interior living space and 2,884 sf of terraces with uninterrupted Atlantic Ocean views to the east and sunset vistas over Indian Creek and the Miami skyline to the west. This penthouse lives like a private oceanfront estate in the sky. Expansive entertaining spaces, oversized bedroom suites, and floor-to-ceiling exposures create a dramatic canvas craft one of Miami Beach's truly iconic residences. Fully permitted design plans are included, offering a seamless path to modernization and customization while preserving the property's rare scale and irreplaceable footprint. The residence is situated within one of Mid-Beach's most substantial oceanfront enclaves, spanning multiple beachfront acres along a coveted stretch bordered by the Atlantic Ocean and Indian Creek. The building is nearing completion of an extensive transformation tied to its 40/50-year recertification, enhancing the property's long-term quality, safety, and stature. Recent upgrades to the residence itself include brand-new hurricane-impact windows throughout. Enjoy a full-service lifestyle with 24h concierge and valet, a designed pool deck, fitness center, cabanas, outdoor entertaining areas, and private beach access with dedicated beach service. Maintenance includes all utilities. The offering also includes same-floor storage and two assigned garage parking spaces.
5255 Collins Ave, Miami Beach FL 33140, Miami Beach — for sale, listed for $3,890,000 (5 bed, 7 bath, 6,584 sqft).
Run the numbers
About IMPERIAL HOUSE CONDO
IMPERIAL HOUSE CONDO: built 1963; current sale asking prices $639,000–$3,890,000; current rents $3,590–$15,900; association fees $1,887–$7,482/month.
Browse this price segment
n=320 · 2026-07-29 · Methodology
Availability in IMPERIAL HOUSE CONDO
10 listings are currently active in this building across 9 distinct units (4 × 1-bed, 4 × 2-bed, 1 × 4-bed, 1 × 5+ bed).
n=10 · 2026-07-29 · Methodology
Are sellers cutting prices here?
42% of the 41 active 5+ bed listings for sale in 33140 have reduced their asking price at least once — a direct read on seller flexibility in this segment.
n=41 · 2026-07-29 · Methodology
Local market report
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology
The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.
