5640 Collins Ave · Miami Beach, FL 33140 · Mid-Beach

Ashley Apartments

8-story mid-rise, completed 1967, 27 residences in Mid-Beach. 1 for sale on Nov 2, 2026.

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At a glance Ashley Apartments (5640 Collins Ave, Mid-Beach) is an 8-story, 27-unit building completed in 1967. As of Nov 2, 2026, 1 unit is for sale and none for rent; the median closed price was $459 per square foot over 4 sales in the last 24 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
1
For rent
0
Median $/SF
$4594 sales · 24 mo
Sold
2last 12 months
Built
1967
Floors
8
Residences
27county
Flood zone
AEFEMA
Owner-occupied
37%
Avg. unit
1,883sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Ashley Apartments.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33140

The read on Ashley Apartments.

Activity as of Nov 2, 2026
  • A quiet record. The most recent sale on record closed Oct 16, 2026; 8 sales are on record since 2021.
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Built in 1967, Ashley Apartments is a 8-story mid-rise at 5640 Collins Ave in Mid-Beach. The Miami-Dade Property Appraiser lists 27 residential units, averaging 1,883 SF of living area.

On November 2, 2026, one unit was listed for sale, asking $770K (that is $398/SF). Two sales closed between November 2, 2025 and November 2, 2026, from $950K to $1.1M, $519 and $527/SF. The year before saw two closed sales.

The most recent lease on record was signed in September 2025.

About 37% of the residences are owner-occupied according to county records.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
5640 Collins Ave, Miami Beach 33140
Neighborhood
Mid-Beach
Year built
1967
Floors
8
Residences (county-verified)
27
Owner-occupied
37% of residences
Avg. unit size
1,883 sq ft
Total living area
50,832 sq ft
County condo folios
27
Recorded MLS listings
15

The numbers at Ashley Apartments.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2021 to 2026. Count in the tooltip.

$299$598$5982021$3102022$3392025$5232026$299$598$5982021$3102022$3392025$5232026

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)2$523*––
20252$339*2$6,125/mo*
2024––1$6,500/mo*
20223$310––
20211$598*1$3,300/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 8 sales · 4 leases on record since 2021

Closed sales Nov 2, 2024 to Nov 2, 2026 · 4

UnitBDBASFAskedClosed$/SFClose dateDOM
4D321,830$999,000$950,000$519Oct 16, 2026189
6D322,010$1,250,000$1,060,000$527Jul 30, 2026565
6C221,680$749,000$669,500$399Aug 26, 2025194
8B221,935$550,000$539,500$279Jun 27, 202510

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Ashley Apartments.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 1997

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1967 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Ashley Apartments

5 more nearby

Compare with the two nearest →Every Mid-Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Ashley Apartments's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

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Looking here?

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When a unit at Ashley Apartments lists or sells, I'll let you know. I send these myself, not a robot.

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Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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