Get Market Updates

Stay informed on Miami condo trends

What we cover

Price trendsNew listingsInvestment scoresNeighborhood insights

Free, no spam. Unsubscribe anytime.

Buildings/Miami/THE CARRIAGE HOUSE CONDO

Premium

THE CARRIAGE HOUSE CONDO

5401 Collins Ave, Miami Beach 33140

★ 4.3

1990

Year Built

417

Units

CI Score

Moderate

For Sale

$560K

Avg Price

$565

Sale $/SF

For Rent

$2,750

Avg Rent

$3.97

Rent $/SF

+2.9%

YoY

For Sale

For Rent

Investor-Owned

79%

Avg HOA

$1,698/mo

Building Details

Address

5401 Collins Ave, Miami Beach, 33140

Neighborhood

Miami

Year Built

1990

Total Units

417

Avg Unit Sqft

1,053 SF

Tier

Premium

Avg $/SF

$565.43

Avg Rent

$2,750/mo

Rent $/SF

$3.97/SF

HOA Range

$1,372 – $1,853

Google Rating

4.3 (124 reviews)

Neighborhood Rank

Top 16%

Avg Unit Value

$419K

Total Sales (All-Time)

1,597

Phone

(305) 861-5401

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)4.7%

YoY Appreciation+2.9%

Total Yield23.6%

Median Rent$2,750/mo

Liquidity & Demand

Closed Sales (120d)2

Days on Market147 days

Months of Inventory36.0

Sale-to-List Ratio0.9%

Price Reduction Rate100%

Investor-Owned79%

For Sale6

For Rent6

Top 16%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$559

+40.5%

Rental Price Trend ($/SF)

$3.65

+17.4%

Building Activity

Days on Market

147

days

Sitting longer

Months of Inventory

36.0

months

Buyer's market

Sale-to-List Ratio

93.2%

Fair negotiation

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Low volume

Median Rent

$2,750

/month

Sales & Listings

Active Listings

For Sale (6)

$320K

Unit 209

0 bd1 ba570 sf

$561/SF669 DOM

$350K

0 bd1 ba550 sf

$395K

1 bd1 ba550 sf

$425K

0 bd1 ba570 sf

$435K

980 sf

$495K

2 bd2 ba980 sf

For Rent (6)

$2K

0 bd0 ba570 sf

$3K

1 bd1 ba570 sf

$5/SF160 DOM

$3K

Unit 829

1 bd1 ba570 sf

$5/SF202 DOM

$3K

0 bd1 ba570 sf

$3K

Unit 632

0 bd1 ba550 sf

$5/SF

$3K

1 bd2 ba980 sf

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Dec 12, 2025	$600K	$571.43	1/2	1,050
Nov 20, 2025	$330K	$336.73	2/2	980
Nov 17, 2025	$417K	$425.51	1/2	980
Nov 13, 2025	$417K	$425.51	1/1	980
Oct 29, 2025	$280K

Units & Ownership

Total Units

417

Avg Sqft

1,053 SF

Avg Assessed

$380K

Owner-Occupied

21%

Tax & Ownership

Investor-Owned

79%

Owner-Occupied

21%

Avg Assessed Value

$380K

Avg Taxable Value

$367K

Effective Year Built

1990

Zoning

4100

Unit Mix

Studio132

Avg 611 SF

1 BR124

Avg 974 SF

2 BR114

Avg 1,312 SF

3 BR31

Avg 1,917 SF

6 BR2

Avg 3,880 SF

Unknown14

Avg 1,545 SF

Unit Directory

Showing 10 of 417 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
13-1	0	0	720	$214K	—	$350K	$486	Jun 2024
13-10	0	0	720	$161K	—	$400K	$556	Aug 2025
13-11	0	0	720	$77K	—	$450K	$625	Feb 2005
13-12	0	0	720	$77K	—	$48K	$67	Mar 2005
13-14	0	0	720	$77K	—	$72K	$100	Feb 2005
13-15	0	0	720	$206K	—	$400K	$556	Aug 2025
13-16	0	0	720	$214K	—	$100	$0	Dec 2024
13-17	0	0	720	$161K	—	$126K	$175	May 2016
13-18	0	0	720	$161K	—	$110K	$153	Jun 2019