$1,799,000
Active
1d
$1,799,000
5500 Collins #1902
Miami Beach, FL 33140
2 bd2.5 ba2,827 sqft
Towerhouse Condo
$1,850,000691 days on marketActive
8221 Crespi Boulevard, Miami Beach, FL 33141
Miami Beach, FL 33141
5
Beds
5
Baths
3,104
Sq Ft
$596
$/Sq Ft
1956
Year Built
0.13 acres
Lot Size
Listing Snapshot
| List Price | $1,850,000 |
| Price / Sq Ft | $596 |
| Beds | 5 |
| Baths | 5 |
| Living Area | 3,104 sqft |
| Lot Size | 0.13 acres |
| Year Built | 1956 |
| Property Tax | $12,481/yr |
| MLS # | 1120284068 |
| Status | Active |
| Days on Market | 691 |
About This Home
Waterfront Miami Beach development potential! Currently a duplex this 2-unit multi-family development offers waterfront views, a private dock with one fixed bridge access to the ocean. The neighborhood is undergoing redevelopment with many new high rise and retail buildings under construction nearby on the 79th causeway and $2 billion investment on nearby Ocean Terrace. Current rent roll below market $7750. Buildable square footage max FAR 1.25, which allows 7,188 sq feet living and five stories high. There is city notice requiring the owner to permit and build a common area laundry which the seller says will cost $25,000 but seller says this is a buyer responsibility to build if they keep the structure, but $0 cost if they knock and build new. Seller will only accept full price offer.
General Features
- Property Type
- Residential
- Sub-type
- Duplex
- Direction Faces
- North
- Zoning
- 3900
- Security
- SmokeDetectors
- Subdivision
- BISCAYNE BCH SUB
Interior Features
- Appliances
- Dishwasher,Disposal
- Flooring
- CeramicTile,Tile,Vinyl
- Heating
- HeatPump,WallFurnace
- Cooling
- CeilingFans,WallWindowUnits
- Interior Features
- Other
Exterior Features
- Construction
- Block
- Exterior Features
- Other
- Roof
- Barrel,Concrete,Flat,Tile
- Pool
- No
- View
- Bay
- Waterfront
- Yes
- Waterfront Features
- Bayfront,IntracoastalAccess,OceanAccess
Community Features
- Association Amenities
- None
- MLS Area
- 2320
Schools
ElementaryBiscayne Beach
MiddleMiami Beach Nautilus
HighMiami Beach
Map
Virtual Tour
View Virtual TourListed by Julian Johnston · The Corcoran Group
MLS# 1120284068 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1120284068 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $1,480,000
%
Est. Monthly$11,136
Principal & Interest$10,096
Property Tax$1,040
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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