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About this home

Fabulous oceanfront property! Escape to your own paradise & indulge in private resort-style coastal living. Take strolls down the 9-mile long Beachwalk while enjoying soothing sights & sounds of the turquoise ocean. Live worry-free in a sought after vacation spot all yr. round & enjoy the exclusive amenities of the gated well maintained Carriage Club North on prestigious Millionaire's Row: 24/7 front desk attendant/security guard/valet service/beach chairs/heated pool/hot tub/fitness gym/party room/library/pool tables/paddle+surfboard rack/bike room/marina/smart elevator Fri-Sat on automatic & all incl. fiber optic high speed Internet/central HVAC/hot water/storage. Spacious 2 bed/2 bath split fl. plan, walk-in shower, bathtub-shower combo, 2 huge walk-in closets, enlarged covered balcony, impact windows, 2 separate A/C AHU/thermostats, only 1 neighboring wall in the 2nd bedroom, laundry rm conveniently right across the hallway, 2 adjacent garage corner spots. Enjoy the nice northern exposure w/ no direct heat from the sun,no traffic noise from the street,nor direct winds from the ocean. Reside right between Bal Harbour & SoBe,with the bus & free trolley stops in front of the bldg., only minutes away from famous places of fine dining, incredible nightlife, luxurious shopping,artsy Feanea district,trendy SoHo House & much more.The condo assoc. has fully funded reserves, special assessments paid, bldg. passed 40yr recertification, exclusive smoke-free zone & no AirBnB/pets!

Facts & features

Interior

  • Lobby
  • Custom Mirrors
  • French Doors
  • Split Bedroom
  • Walk-In Closet(s)

Exterior

  • East Of Us1
  • Open Balcony

Appliances

  • Dishwasher
  • Electric Range
  • Microwave
  • Refrigerator

Cooling & heating

  • Central Air
  • None
  • Other

Flooring

  • Other
  • Tile

Parking

  • Assigned
  • Covered
  • Valet

Waterfront

  • Canal Front
  • No Fixed Bridges
  • Ocean Front

View

  • Other View

Community amenities

  • Bike Storage
  • Billiard Room
  • Boat Dock
  • Cabana
  • Laundry
  • Community Room
  • Elevator(s)
  • Exercise Room
  • Storage
  • Heated Pool

Security

  • Fire Alarm
  • Smoke Detector
  • Complex Fenced
  • Doorman
  • Guard At Site

Laundry

  • Common Area

Maintenance includes

  • Air Conditioning Maintenance
  • All Amenities
  • Cable Tv
  • Elevator
  • Hot Water
  • Insurance
  • Internet/WiFi
  • Laundry Facilities
  • Manager
  • Parking

Pets

  • No

Construction & roof

  • Concrete Block Construction

Location

5005 Collins Ave, Miami Beach

Mortgage Estimator

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Home priceUSD
Enter as digits, with commas, or shorthand: 1.9M · 1900K · 1,895,000
ZIP codeMiami-Dade
Miami-Dade County (exact match).
Payment typeFinanced
Conventional or jumbo loan, depending on size.
Down payment20% · $162,000
%
$647,999 financed
Loan termyears
Base rate% (760+ band)
Loading current market rate...
Your rate at 740-759:6.995%(base + 0.12%)
Primary residenceNo
No homestead exemption — full property tax applies.
Credit score banddrives rate
Lenders price LLPA adjustments by credit band. See impact panel for monthly + lifetime deltas.
Your finances optional, for DTI
Gross annual income
$
Other monthly debts
$
Household combined pre-tax income and the sum of your monthly debt-service payments (auto loans, student loans, credit-card minimums). We don't count groceries, utilities, or insurance — those don't factor into lender DTI.
Estimated monthly
$7,836
Per month, all-in
55%P&I SHARE
Monthly breakdown
  • Principal & interest$4,30955%
  • Property taxes$84811%
  • Insurance$91812%
  • HOA$1,76122%

Tax: Miami-Dade County effective rate (1.26%). Source: FL Department of Revenue. Listing tax released — likely a lot-only new-construction assessment.

Insurance: Barrier island or Florida Keys — Citizens-territory rates apply. Estimate; private-market quotes commonly run 50–100% above this baseline.

Cash & qualification
Cash at closing
$197,342
Income to qualify
$336,000/yr
Credit-score impact

Improving from 740-759 to 760+ would save $52/mo and $18,751 over the life of this loan.

Over the life of the loan
Total paid
$1,551,232
Total interest
$903,233
Paid off
2056
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