Rules
What 57 Ocean allows
- Short-term / Airbnb
- Not allowed
- Minimum lease
- 3 months
- Leases per year
- 4
1 more
- EV charging
- Available
Rules change: I confirm the current bylaws and application requirements before you write an offer or sign a lease.
5775 Collins Ave · Miami Beach, FL 33140 · Mid-Beach
57 Ocean
19-story tower, completed 2021, 69 residences in Mid-Beach. 3 for sale on Nov 2, 2026.
At a glance 57 Ocean (5775 Collins Ave, Mid-Beach) is a 19-story, 69-unit building completed in 2021. As of Nov 2, 2026, 3 units are for sale and none for rent; the median closed price was $2,253 per square foot over 3 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.
6 photos from my condo archive
- For sale
- 3
- For rent
- 0
- Median $/SF
- $2,2533 sales · 12 mo
- Sold
- 3last 12 months
- Built
- 2021
- Floors
- 19
- Residences
- 69county
- Flood zone
- AEFEMA
- Owner-occupied
- 28%
- Avg. unit
- 2,116sq ft
MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made
On the market at 57 Ocean.
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.
For sale 3 listings · Nov 2, 2026
Unit 1602$6,150,000$3,815/SF2 bd · 3 ba · 1,612 sf355 days listed · $4,540/mo HOA · listed by Million Realty LLCFull listing →
Unit 1005$2,950,000$2,369/SF2 bd · 2.5 ba · 1,245 sf1 day listed · $3,232/mo HOA · listed by Douglas EllimanFull listing →
Unit 705$2,900,000$2,466/SF2 bd · 2.5 ba · 1,176 sflisted today · $3,370/mo HOA · listed by PGutman, LLCFull listing →Under contract 1
- Unit 1405$17,000/mo · 2 bd
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
57 Ocean, floor by floor.
Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.
- For sale 3
- Under contract 1
- Sold or leased, last 12 months 6
- Seen in the MLS before that 19
- No MLS record seen 61
Tap a unit to read its record here. Amber and white units open their listing page.
Units seen29of 69 residences on record
Floors with units12floors 3 to 17
Lines6stacks of units, by number
Closed $/SF figures use the 6 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.
The largest typical unit is line 03, a median 2,903 sf over 5 units seen, recorded with 3 bedrooms.
The lines what the MLS record holds for each stack of units
| Line | Units seen | Typical size | Beds | On the market | Closed $/SF · 24 mo |
|---|---|---|---|---|---|
| Line 01 | 4 | 2,504 sf | 4 | – | 2 sales, too few |
| Line 02 | 5 | 1,612 sf | 2 | 1 | – |
| Line 03 | 5 | 2,903 sf | 3 | – | 1 sale, too few |
| Line 04 | 3 | 1,262 sf | 2 | – | – |
| Line 05 | 9 | 1,211 sf | 2 | 3 | 2 sales, too few |
| Line 06 | 3 | 1,276 sf | 2 | – | 1 sale, too few |
2 units in the record sit outside this grid (PH, PH-2): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.
How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.
Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made
The read on 57 Ocean.
- Resale +24%. The median closed price moved from $2,048/SF in 2021 (4 sales) to $2,530/SF in 2025 (3 sales), the first and last years with three or more recorded sales.
- Gross rental yield 6.6%. A year of rent at the median $12.46/SF/mo (3 leases) against the median $2,253/SF sale (3 sales), both over 12 months, before HOA, taxes and vacancy.
- Asks run +9% against closings. Sellers ask a median $2,466/SF (3 listings) against $2,253/SF closed (3 sales, 12 months). That gap is negotiation room. Bring the comps.
- Sells in a median 168 days. Days on market across the 3 sales closed in the last 12 months.
Read the full record 4 paragraphs and 15 facts, every figure from the MLS and county record
57 Ocean is a 19-story tower at 5775 Collins Ave in Mid-Beach, completed in 2021. County folio records count 69 residences, averaging 2,116 SF of living area. Arquitectonica designed it for Multiplan Real Estate Asset Management. The condo archive records it as waterfront (ocean). Only one Mid-Beach building in the atlas has a later completion year.
Three units were for sale on November 2, 2026, asking $2.9M to $6.2M (median ask $2,466/SF across 3 listings). Three sales closed between November 2, 2025 and November 2, 2026, from $2.6M to $14M, a median $2,253/SF, after a median 168 days on the market. In the 12 months before that, three sales closed at a median $3,089/SF, so the median fell 27%. Across 26 recorded sales since 2021, the best year by median price per square foot was 2024, at $3,538 over 6 sales. That 12-month median ranks 2nd of the 44 Mid-Beach buildings with at least three sales in the same window. Two-bedrooms made up three of the 6 sales in the last 24 months, at a median $3,000,000.
Three leases were signed over the same 12 months, at a median $24,750 a month (range $14,650 to $30,000).
County records show 28% of residences as owner-occupied, which points to an investor-heavy ownership base. Association rules on file: no short-term rentals; minimum lease 3 months; up to four leases a year. The association is managed by KW Property Management & Consulting. I have two of its association documents on file, including the Amendments to the Declaration and the Declaration of Condominium.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.
The record
- Address
- 5775 Collins Ave, Miami Beach 33140
- Neighborhood
- Mid-Beach
- Developer
- Multiplan Real Estate Asset Management
- Architect
- Arquitectonica
- Management
- KW Property Management & Consulting
- Front desk / mgmt
- (305) 800-5775
- Year built
- 2021
- Floors
- 19
- Residences (county-verified)
- 69
- Owner-occupied
- 28% of residences
- Avg. unit size
- 2,116 sq ft
- Total living area
- 146,035 sq ft
- County condo folios
- 69
- Waterfront
- Yes / Ocean
- Recorded MLS listings
- 42
The numbers at 57 Ocean.
Every sale and lease the MLS has recorded at this address, sales first.
Median $/SF by year closed
Every recorded sale at this address, 2021 to 2026. Count in the tooltip.
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
| Year | Sales | Median $/SF | Leases | Median rent |
|---|---|---|---|---|
| 2026 (to date) | 2 | $3,076* | 2 | $19,700/mo* |
| 2025 | 3 | $2,530 | 2 | $27,375/mo* |
| 2024 | 6 | $3,538 | 2 | $20,500/mo* |
| 2023 | 6 | $3,042 | 4 | $18,500/mo |
| 2022 | 5 | $2,806 | 4 | $14,000/mo |
| 2021 | 4 | $2,048 | – | – |
* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.
Closed $/SF by unit size
Median $/SF of the sales in the 12 months to Nov 2, 2026, with the count beside each bar.
Medians need three or more sales. How these numbers are made
Own here? See how the building moved since you bought.
Median closed $/SF in 2021: $2,048 (4 sales). In the last 12 months: $2,253 (3 sales). Change: +10%.
This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.
Get your unit's value →Show all closings 26 sales · 14 leases on record since 2021
Closed sales Nov 2, 2024 to Nov 2, 2026 · 6
| Unit | BD | BA | SF | Asked | Closed | $/SF | Close date | DOM |
|---|---|---|---|---|---|---|---|---|
| 506 | 2 | 2.5 | 1,363 | $3,500,000 | $3,000,000 | $2,201 | Sep 2, 2026 | 189 |
| 1501 | 4 | 5.5 | 3,443 | $14,495,000 | $13,600,000 | $3,950 | Aug 31, 2026 | 168 |
| 1105 | 2 | 2.5 | 1,176 | $2,695,000 | $2,650,000 | $2,253 | Dec 2, 2025 | 76 |
| 1705 | 2 | 2.5 | 1,245 | $3,349,000 | $3,150,000 | $2,530 | Aug 27, 2025 | 161 |
| 1103 | 4 | 5.5 | 3,346 | $11,700,000 | $11,000,000 | $3,288 | Aug 15, 2025 | 248 |
| 1101 | 3 | 3.5 | 2,104 | $7,200,000 | $6,500,000 | $3,089 | Dec 9, 2024 | 61 |
Leases signed Nov 2, 2025 to Nov 2, 2026 · 3
| Unit | BD | BA | SF | Asked/mo | Leased/mo | $/SF/mo | Lease date | DOM |
|---|---|---|---|---|---|---|---|---|
| 405 | 2 | 2.5 | 1,176 | $14,650/mo | $14,650/mo | $12.46 | Sep 1, 2026 | 25 |
| 703 | 3 | 3.5 | 2,034 | $24,750/mo | $24,750/mo | $12.17 | Apr 6, 2026 | 21 |
| 503 | 3 | 3.5 | 2,034 | $30,000/mo | $30,000/mo | $14.75 | Nov 21, 2025 | 18 |
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 57 Ocean.
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.
Documents
2 documents on file
The documents most buyers and renters can't get until they're deep in a deal. Tap one and I'll send it with my read on what matters in it.
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
Due 2051
Due by statute by December 31, 2051, 30 years after 2021, then every 10 years.
What the deadline means
- Miami-Dade sets 25 years for condo buildings within three miles of the coastline, which would be December 31, 2046.
- Based on year built 2021 (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 57 Ocean
5 more nearby
Royal Embassy110 m away · Built 1968 · 16 floors1 for sale · 2 for lease
The Surf140 m away · Built 1982 · 5 floors1 for sale · 0 for lease
Seacoast 5700150 m away · Built 1968 · 17 floors14 for sale · 3 for lease- Arlen Beach160 m away · Built 1969 · 18 floors11 for sale · 19 for lease
Mei180 m away · Built 2008 · 22 floors7 for sale · 6 for lease
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
Your next move at 57 Ocean starts 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.
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.
Licensed Florida Real Estate Agent · Carmona Realty Group