Own Mid-Beach & North Beach

Regency

5838 Collins Ave · Built 1970 · 16 floors · 112 residences

2 for sale
For sale
2
0 pending · 12.0 mo supply
Median asking
$505K
from $349K
Median $/sqft
$481/sqft
$337/sqft sold, 12 mo
Days on market
127
273 to sell · 2 in 12 mo

1 of 2 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Regency
Listing photo · courtesy of Florida Realty of Miami Corp · MLS #A11883078

Located on prestigious Millionaire's Row, the Regency is situated between the Atlantic Ocean and the Indian Creek Intracoastal Waterway. The building is positioned just across the street from the beach and within walking distance of local restaurants, bars, and supermarkets.

The property offers expansive views of the Intracoastal Waterway, the Miami skyline, and the Atlantic Ocean. The building features a variety of common amenities including a waterfront pool, an exercise room, a conference room, and a laundry facility. Security is provided by a 24-hour concierge and front desk service.

For boat enthusiasts, the building offers a marina with boat slips available for rent and ocean access. The building is described as a boutique property with updated hallways and a new elevator.

Live near more of Miami

What surrounds Regency: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Mid-Beach & North Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Miami Beach BoardwalkFaena DistrictFontainebleauNorth Shore Open Space ParkNormandy Isle ParkLa Gorce Country ClubCollins Avenue
66
/ 100
B+
own.miami Score

A data-grounded score for Regency from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value80
$481/sqft — vs. Miami condos
Momentum50
Recent price trend
Liquidity40
12.0 months of supply · 127 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age0
Built 1970
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Regency; bars are closings per month.

$290$414$538Nov 2023Mar 2024Jul 2024Sep 2025Sep 2026

Location

Nearby buildings within half a mile.

Building facts

Address
5838 Collins Ave
Year built
1970
Floors
16
Residences
112
Waterfront
Yes

Amenities

  • · Pool
  • · Fitness/gym
  • · Concierge
  • · 24-hour security
  • · Laundry
  • · Business center
  • · Marina

Building rules

Parking
The building offers assigned covered parking spaces and guest parking is available for visitors.

Special assessments & recertification outlook

Elevated

Verified records

  • InfoSpecial assessment reported as paid — noted on 1 listingsOct 6, 2025

    Source: MLS listing remarks

  • Listings note no special assessment currently
  • Built 1970 — past its first structural milestone; next inspection around 2035

Estimated from Regency’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Frequently asked

How much do condos at Regency cost?+

There are 2 condos for sale at Regency, from $349,000, with a median asking price of $504,500 ($481/sqft).

Is Regency a good time to buy?+

Regency currently has about 12.0 months of supply — a balanced pace.

How much are the HOA fees at Regency?+

HOA / maintenance fees at Regency run around $1,051 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Regency a waterfront building?+

Yes — Regency is a waterfront building (Mid-Beach & North Beach).

When was Regency built?+

Regency was built in 1970, 16 stories, 112 residences.

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