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+8 photosLuxury condo — 5025 Collins Avenue 903 · Capobella Condo · Miami Beach
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Open property magazine$1,499,000
5025 Collins Avenue 903, Miami Beach, FL 33140
Miami Beach, FL, 33140
3 bd · 3 ba · 1,660 sqft
Listed by RGI Realty
5025 Collins Avenue 903, Miami Beach, FL 33140
Listed by RGI Realty
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Estimated monthly payment
$12,923/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $12,923/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesWake up to the sound of the ocean, step downstairs, and walk straight onto the sand. This is true oceanfront living in an intimate, boutique setting.A rare opportunity to own a true oceanfront three-bedroom residence in Miami Beach at an exceptional value. Located in an intimate, boutique building with only 79 residences, Unit 903 offers direct Atlantic Ocean views, abundant natural light, and a highly functional layout designed for comfortable, everyday living.This high-floor residence is move-in ready, featuring a spacious primary suite, well-proportioned secondary bedrooms, and an open living area oriented toward the ocean. While the interiors are clean and well maintained, the true value lies in the irreplaceable oceanfront location, scarcity of three-bedroom inventory, and long-term lifestyle appeal.Capobella is a full-service oceanfront building offering 24-hour security, beach access, pool, fitness center, and a distinctly residential atmosphere rarely found along Collins Avenue. Ideal for a primary residence, second home, or long-term hold, this is one of the very few oceanfront three-bedroom opportunities in Miami Beach currently available below $1.5 million.Vacant and easy to show.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 11%
The seller has come down from $1,680,000 to $1,499,000 — a $181,000 reduction since it came on the market.
298 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Building health
- Building
- CAPOBELLA CONDO· MLS
- Year built
- 1995· MLS
- Stories
- 24· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- No, Pet Restrictions Possible· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $2,839 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details
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Your costs (est.)
≈ $12,923/mo
5025 Collins Avenue 903, Miami Beach, FL 33140 · Miami Beach
Location
5025 Collins Avenue 903, Miami Beach, FL 33140
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 5025 Collins Avenue 903, Miami Beach, FL 33140?+
Property tax (after sale): $1,819/month est.; homeowners insurance: $487/month est.; HOA: $2,839/month. Fixed ownership costs before a mortgage: $5,145/month est. Principal and interest: $7,778/month; PMI: $0/month. Total for the payment scenario shown: $12,923/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 5025 Collins Avenue 903, Miami Beach, FL 33140?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 5025 Collins Avenue 903, Miami Beach, FL 33140 need flood insurance, and what drives the premium?+
Most of Miami Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 5025 Collins Avenue 903, Miami Beach, FL 33140?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 5025 Collins Avenue 903, Miami Beach, FL 33140 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Miami Beach luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 5025 Collins Avenue 903, Miami Beach, FL 33140?+
This listing has been on the market 298 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami Beach. Beachside neighborhoods with local dining, Lincoln Road shopping and connections across the causeways to Miami.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
North Beach Elementary School
Elementary · 1.1 mi from this home · 4100 Prairie Ave, Miami Beach
Miami Beach Nautilus Middle School
Middle school · 1.2 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 2.1 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$1,499,000 · MLS A11948252
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