5640 Collins Ave, Unit 7B

$895,000
Price
2
Beds
1,935 Sq. Ft.
$463 / Sq. Ft.
1,935
Sq. Ft.
$463
per Sq. Ft.

Description

Set along Indian Creek on Miami Beach’s Millionaire’s Row, Unit 7B at Ashley Apartments is a bright, spacious corner condo with an open floor plan and rare extra interior square footage. This unit is in a quiet boutique building with only four units per floor, offering a private and peaceful lifestyle. A dock is available for rent to residents. Natural light fills the space and showcases views of Miami Beach the moment you step inside. The enclosed patio and newly updated floors add valuable interior...Set along Indian Creek on Miami Beach’s Millionaire’s Row, Unit 7B at Ashley Apartments is a bright, spacious corner condo with an open floor plan and rare extra interior square footage. This unit is in a quiet boutique building with only four units per floor, offering a private and peaceful lifestyle. A dock is available for rent to residents. Natural light fills the space and showcases views of Miami Beach the moment you step inside. The enclosed patio and newly updated floors add valuable interior space, perfect for a den, office, or easily converted
into a third bedroom. Spacious bedrooms are paired with updated bathrooms. Enjoy a relaxing afternoon on the pool deck while you soak up the sun and watch the nonstop activity along Indian Creek. Amazing location just steps from the beach.

Property Details for 5640 Collins Avenue, Unit 7B

Subdivision
ASHLEY APARTMENTS CONDOMI
Complex Name
Ashley Apartments
Style
Condo 5+ Stories
Waterfront
Yes
Waterfront Description
Bay Front
View
Bay, Ocean View, Water View
Unit View
Bay, Ocean View, Water View
Area
32
LISTING UPDATED: 10/06/2025 01:25 PM

Property Details for 5640 Collins Avenue, Unit 7B

StatusActive
MLS #A11850978
Days on Market124
Taxes$8,948 / year
HOA Fees$1,500 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1967
CountyMiami-Dade County

Location

Listing Courtesy of: .

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Building Information for 5640 Collins Avenue, Unit 7B

Building/ComplexAshley Apartments CondominiumFloor7Stories8Residences-Pet PolicyNot AllowedPet Policy Details-Year Built1967

Payment Calculator

$6,668 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,423

Property Taxes

$746

HOA Dues

$1,500

The Payment Calculator is for illustrative purposes only.

Property Information for 5640 Collins Avenue, Unit 7B

Location Information
Location Information
  • Parcel Number Free Text: 02-32-14-005-0220
  • Parcel Number MLX: 0220
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 14
  • Subdivision Number: 5
  • Subdivision Complex Bldg: Ashley Apartments
  • Unit Floor Location: 7
  • Total Floors In Building: 8
General Information
Parking
  • Num Garage Spaces: 1
  • Parking Description: 1 Space, Detached, Other Parking
General Information
  • Housing Older Persons Act: Unverified
  • Property Detached: No
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Unit Design: Corner Unit, East Of Us1, Lobby
  • Water Access: Other
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Ceramic Floor, Marble Floors, Tile Floors
  • Floor Description: Ceramic Floor, Marble Floors, Tile Floors
  • Security Information: Card Entry, Phone Entry, Other Security
Room Information
Room Information
  • Rooms Description: Glassed Porch, Other, Storage Room
  • Bedroom Description: Primary Bath Tub
  • Master Bathroom Description: Combination Tub & Shower, Whirlpool/Spa
  • Master Bath Features: Combination Tub & Shower, Whirlpool/Spa
  • Dining Description: Dining/Living Room
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Cable Available: Yes
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: Cat Ok
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry, Built-Ins, Closet Cabinetry, Pantry, Walk-In Closets
  • Equipment Appliances: Dishwasher, Icemaker, Electric Range, Refrigerator, Smoke Detector
  • Exterior Features: High Impact Doors
  • Maintenance Includes: All Amenities, Building Exterior, Common Area, Elevator, Hot Water, Laundry Facilities, Outside Maintenance, Parking, Recreation Facilities, Sewer, Trash Removal, Water
  • Amenities: Boat Dock, Common Laundry, Community Room, Elevator, Exterior Lighting, Library, Pool
Financial Information
Financial Information
  • Total Mortgage: $480,000
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2024
  • Tax Information: Tax Reflects Homestead Exemption
  • Special Information: As Is
  • Special Assessment: No
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval
Rent Status
  • Other Fees: $150

Property History for 5640 Collins Avenue, Unit 7B

DateEvent & SourcePriceAppreciation
Aug 4, 2025

Listed (Active)

MiamiRE #A11850978

$895,000
May 31, 2025

Expired

MiamiRE #A11669003

Nov 7, 2024

Price Change

MiamiRE #A11669003

$895,000
Oct 1, 2024

Listed (Active)

MiamiRE #A11669003

$950,000
Sep 22, 2024

Expired

MiamiRE #A11597980

Jun 3, 2024

Listed (Active)

MiamiRE #A11597980

$950,000
Apr 29, 2024

Expired

MiamiRE #A11524604

Feb 1, 2024

Price Change

MiamiRE #A11524604

$995,000
Feb 1, 2024

Listed (Active)

MiamiRE #A11524604

$1,195,000
Jan 28, 2024

Expired

MiamiRE #A11425637

Dec 22, 2023

Price Change

MiamiRE #A11425637

$995,000
Oct 12, 2023

Price Change

MiamiRE #A11425637

$1,095,000
Aug 2, 2023

Listed (Active)

MiamiRE #A11425637

$1,195,000
Feb 18, 2022

Sold (Public Record)

Public Record #1485325928

$600,000

+4.0% / yr

Feb 18, 2022

Sold

MiamiRE #A10684412

$600,000
Dec 1, 2021

Pending

MiamiRE #A10684412

Dec 1, 2021

Backup Contract

MiamiRE #A10684412

Jun 3, 2019

Listed (Active)

MiamiRE #A10684412

$599,000
Oct 17, 2017

Expired

MiamiRE #A10228105

Feb 17, 2017

Listed (Active)

MiamiRE #A10228105

$675,000
Mar 18, 2014

Sold

MiamiRE #A1881505

$439,000
Mar 13, 2014

Sold (Public Record)

Public Record #411948400

$439,000

+1.9% / yr

Feb 18, 2014

Pending

MiamiRE #A1881505

Dec 13, 2013

Listed (Active)

MiamiRE #A1881505

$439,000
Jan 18, 2013

Expired

MiamiRE #A1620390

Mar 19, 2012

Listed (Active)

MiamiRE #A1620390

$479,000
Jun 17, 2002

Sold (Public Record)

Public Record #94554557

$350,000
DateEvent & SourcePrice
08/04/2025

Listed (Active)

MiamiRE #A11850978

$895,000
05/31/2025

Expired

MiamiRE #A11669003

11/07/2024

Price Change

MiamiRE #A11669003

$895,000
10/01/2024

Listed (Active)

MiamiRE #A11669003

$950,000
09/22/2024

Expired

MiamiRE #A11597980

06/03/2024

Listed (Active)

MiamiRE #A11597980

$950,000
04/29/2024

Expired

MiamiRE #A11524604

02/01/2024

Price Change

MiamiRE #A11524604

$995,000
02/01/2024

Listed (Active)

MiamiRE #A11524604

$1,195,000
01/28/2024

Expired

MiamiRE #A11425637

12/22/2023

Price Change

MiamiRE #A11425637

$995,000
10/12/2023

Price Change

MiamiRE #A11425637

$1,095,000
08/02/2023

Listed (Active)

MiamiRE #A11425637

$1,195,000
02/18/2022

Sold (Public Record)

Public Record #1485325928

$600,000

+4.0% / yr

02/18/2022

Sold

MiamiRE #A10684412

$600,000
12/01/2021

Pending

MiamiRE #A10684412

12/01/2021

Backup Contract

MiamiRE #A10684412

06/03/2019

Listed (Active)

MiamiRE #A10684412

$599,000
10/17/2017

Expired

MiamiRE #A10228105

02/17/2017

Listed (Active)

MiamiRE #A10228105

$675,000
03/18/2014

Sold

MiamiRE #A1881505

$439,000
03/13/2014

Sold (Public Record)

Public Record #411948400

$439,000

+1.9% / yr

02/18/2014

Pending

MiamiRE #A1881505

12/13/2013

Listed (Active)

MiamiRE #A1881505

$439,000
01/18/2013

Expired

MiamiRE #A1620390

03/19/2012

Listed (Active)

MiamiRE #A1620390

$479,000
06/17/2002

Sold (Public Record)

Public Record #94554557

$350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5640 Collins Avenue, Unit 7B

Taxable ValueLand-Additions-Total-
Tax Record2024$8,316 ($693 / month)
Home Facts
Beds0Total Finished SqFt1,935 SqFtAbove Grade Finished SqFt1,935 SqFtStyleCondominiumYear Built1967Zoning4900:MULTI-FACountyMIAMI-DADEAPN02-3214-005-0220

Schools near 5640 Collins Avenue, Unit 7B

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
North Beach Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5640 Collins Avenue, Unit 7B is a condo for sale in Miami Beach, FL 33140. This property was listed for sale on August 4, 2025 by Compass, it's currently listed at $895,000. It has been on the market for a total of 124 days and was last sold on February 18, 2022. This listing's school district is Miami-Dade County Public Schools. Nearby schools include North Beach Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 5640 Collins Avenue, Unit 7B is a 2-bed, 2-bath, 1,935 sqft condo built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.