The Pavilion Unit 720 Sold
Property Details
| Sold Price | $505,000 |
|---|---|
| Last Asking Price | $545,000 |
| Price per SqFt | $391 |
| Maintenance Fee | $1,578 Monthly |
| Property Taxes | $3,018 2025 |
| Interior Space | 1,290 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1968 |
| Closed Date | 5/15/2026 |
| MLS # | A11959066 |
Location
From the listing
BEST PRICED IN BUILDING – Short-Term Rentals Allowed! Discover an exceptional oceanfront opportunity in Miami Beach where investment potential meets beachfront luxury. This beautifully maintained split-floor plan residence sits first row on the ocean with direct beach access and stunning bay views, offering the rare advantage of short-term rental flexibility in one of Miami Beach's most desirable locations. Enjoy complimentary beach chairs provided by this meticulously kept building while generating impressive rental income or creating your personalized coastal retreat. With generous closet space throughout and well-preserved original finishes, this unit presents the perfect canvas to customize to your exact vision and style. Whether you're an investor seeking maximum returns or a discerning buyer looking for beachfront value, this is your chance to own a piece of paradise at an unbeatable price in a prime oceanfront building. Maintenance includes cable, high-speed internet, and water. All building structural updates are complete, including brand new elevators, roof, hallways & more. No construction impact.
Listed by Miami Beach Real Estate Group
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,578 a month; taxes $3,018 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Pavilion Unit 720
Sales history is unavailable for this property
What Other Units Have Been Selling For at The Pavilion
11 units sold at The Pavilion in the last 12 months at an average of $572/SqFt (this sale among them)
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 1420 | $620,000$481/SqFt | 83% | 10/6/26 |
| 1409 | $765,000$823/SqFt | 93% | 7/14/26 |
| M5 | $690,000$517/SqFt | 99% | 5/12/26 |
| 820 | $580,000$450/SqFt | 88% | 3/4/26 |
| 521 | $580,000$450/SqFt | 94% | 2/18/26 |
| 1001 | $750,000$543/SqFt | 94% | 1/9/26 |
| 1014 | $560,000$438/SqFt | 95% | 9/3/25 |
| 1105 | $700,000$753/SqFt | 100% | 1/30/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Miami Beach Real Estate Group. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
The Pavilion Unit 720, 5601 Collins Ave · MLS A11959066 · Sold May 2026
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at The Pavilion
At The Pavilion, 27 units are for sale and 11 sold in the last 12 months at an average of $572 per SqFt. Unit 720 sold at $391 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.