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1 exhibitions within 1 mile
Art Week Score 19 · #68 in Mid-Beach & North Beach
#68 in Mid-Beach & North Beach · #346 in Miami
Nearest: Jillian Mayer: Mayer Objects, 0.7 mi away
Own Mid-Beach & North Beach · Mid-Beach
Regency
5838 Collins Ave · Built 1970 · 16 floors · 112 residences
For sale
4
0 pending · 24.0 mo supply
Median asking
$485K
from $349K
Median $/sqft
$476/sqft
$337/sqft sold, 12 mo
Days on market
26
273 to sell · 2 in 12 mo
2 of 4 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
Regency is a waterfront condominium at 5838 Collins Ave in the Mid-Beach district of Miami Beach. Built in 1970, it rises 16 floors and holds 112 residences.
The building sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance for federally backed or regulated mortgages. It is in Miami-Dade hurricane evacuation zone B. The lowest street next to the building is 2.7 ft above the highest tide predicted for 2026 at Virginia Key.
On the 2025 tax roll, 36% of units carry a homestead exemption and 26% are owned by a company or trust. Financeability is rated limited, at an index of 46 of 100, meaning few recent purchases were financed by regulated lenders. The Miami-Dade Clerk recorded 4 resale deeds in the 12 months to October 22, 2026.
The Car-Free Index is 0, and the nearest Publix is 1420 m (about 0.9 miles) away in a straight line. One active tower construction site lies within 1 km, which can bring noise and traffic while it lasts.
Live near more of Miami
What surrounds Regency: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive now27 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Surfside), 3.1 mi
#50 in Mid-Beach & North Beach · #368 in Miami
A modest drive. Plan the rib order on the way.
1 Flanigan's locations nearby
Publix IndexLive now
36 / 100
Nearest Publix: Publix at Publix at North Shore, 0.9 mi
#48 in Mid-Beach & North Beach · #617 in Miami
A brisk walk or a lazy scooter ride. Both respectable.
1 Publix stores nearby
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
65
/ 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.
Value61
$476/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
Momentum60
+3.7% $/sqft over 6 months
Liquidity43
24.0 months of supply · 26 days on market
Health96
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age18
Built 1970 — vs. Mid-Beach & North Beach buildings
own.miami Condo Index
71Value100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#577 of 698 tracked Miami condos
Top 83% by price per sq ft
#77 of 85 in Mid-Beach & North Beach
Momentum
→ Steady
$476/sqft median ask
Liquidity
Balanced
Want the inside track on Regency?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$519,900$430/sqft
2 bd · 2 ba · 1,208 sqft
5838 Collins Ave #2B
Tenant occupied
Listing courtesy of Genstone Realty, Veronica Crego-Flores (Lic. #3442761) · MLS #A12108523
$630,000$522/sqft
2 bd · 2 ba · 1,208 sqft
5838 Collins Ave #11B
No special assessments
Listing courtesy of ReLink Real Estate, Joseph Guerrero (Lic. #3015597) · MLS #A11891296
Sold $/sqft trend
3-month rolling median of closed sales in Regency; bars are closings per month.
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
ElevatedPublic records checked Oct 31, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 3 purchase or refinance loans on this building in the last 12 months, financing 50% of its recorded sales. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 51/100.
Source: Miami-Dade Clerk official records
- InfoSpecial assessment reported as paid — noted on 2 listingsOct 23, 2026
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.
Financeability
What the banks say about Regency: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 4
- 3 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 50%
- 4 recorded sales, 12 months · Resales only
- Average down payment
- —
- Lowest down payment accepted
- —
Loan programmes, 24 months:Conventional 3Private lenders 1
Medium confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Mid-Beach & North Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 8.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 5.0 ft
- Lowest nearby street
- 3.7 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 2.7 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
Material litigation identifiedCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 1
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
- Contractor / vendor disputeActiveassociation as plaintiff · Filed Sep 2025
The condominium association filed a lawsuit against a caulking and waterproofing company and its insurer. A counterclaim was subsequently filed by the contractor against the association. The case involves disputes over contract terms, discovery, and motions to dismiss.
Source: Miami-Dade Clerk civil docket, summarized by own.miami
DBPR registration MA00015133 · Approved. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Regency cost?+
There are 4 condos for sale at Regency, from $349,000, with a median asking price of $484,900 ($476/sqft).
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.
Stay ahead
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If you like Regency, compare
The Pavilion
5601 Collins Ave · 1968 · 18 floors
27 for salefrom $430K$545/sqft
King Cole
900 Bay Dr · 1963 · 11 floors
15 for salefrom $220K$394/sqft
5600 Condominium
5600 Collins Ave · 1967 · 18 floors
14 for salefrom $450K$544/sqft
Burleigh House
7135 Collins Ave · 1970 · 20 floors
14 for salefrom $295K$524/sqft
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