Flanigan's IndexLive now25 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Surfside), 3.4 mi
#59 in Mid-Beach & North Beach · #390 in Miami
Room for improvement.
Own Mid-Beach & North Beach · Mid-Beach
The Ashley
5640 Collins Ave · Built 1967 · 8 floors · 27 residences
For sale
2
1 pending · 24.0 mo supply
Median asking
$770K
from $770K
Median $/sqft
$398/sqft
$527/sqft sold, 12 mo
Days on market
139
565 to sell · 1 in 12 mo
The Ashley is a boutique condominium building situated on Millionaires Row in Miami Beach. The property is characterized by its tranquil atmosphere and its location on the Indian Creek waterway, offering views of the Atlantic Ocean, the Intracoastal, and the Miami skyline.
With only 27 units in the building and a maximum of four units per floor, the property provides a sense of exclusivity and privacy. The building features a heated pool, a barbecue area, a sauna, and a dock with boatslips available for lease. The grounds include a tranquil backyard and on-site janitorial services.
Live near more of Miami
What surrounds The Ashley: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive nowDistances 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
63
/ 100
B+
own.miami Score
A data-grounded score for The Ashley from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value90
$398/sqft — vs. Miami condos
Momentum50
Recent price trend
Liquidity19
24.0 months of supply · 139 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age0
Built 1967
own.miami Condo Index
49100 = the median Miami condo, by price and liquidity.
Rank
#551 of 597 tracked Miami condos
Top 92% by price & liquidity
#76 of 78 in Mid-Beach & North Beach
Momentum
→ Steady
$398/sqft median ask
Liquidity
Slow
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Inventory
Sold $/sqft trend
3-month rolling median of closed sales in The Ashley; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 5640 Collins Ave
- Year built
- 1967
- Floors
- 8
- Residences
- 27
- Waterfront
- Yes
Amenities
- · Pool
- · Barbecue area
- · Dock
- · Sauna
- · Guest parking
Building rules
- Parking
- guest parking
Special assessments & recertification outlook
ElevatedVerified records
- InfoSpecial assessment reported as paid — noted on 1 listingsSep 1, 2025
Source: MLS listing remarks
- Listings note no special assessment currently
- Built 1967 — past its first structural milestone; next inspection around 2032
Estimated from The Ashley’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 The Ashley cost?+
There are 2 condos for sale at The Ashley, from $770,000, with a median asking price of $770,000 ($398/sqft).
Is The Ashley a good time to buy?+
The Ashley currently has about 24.0 months of supply — a buyer-friendly pace with more negotiating room.
How much are the HOA fees at The Ashley?+
HOA / maintenance fees at The Ashley run around $1,500 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 The Ashley a waterfront building?+
Yes — The Ashley is a waterfront building (Mid-Beach & North Beach).
When was The Ashley built?+
The Ashley was built in 1967, 8 stories, 27 residences.
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If you like The Ashley, compare
King Cole
900 Bay Dr · 1963 · 11 floors
13 for salefrom $220K$453/sqft
Seacoast 5700
5700 Collins Ave · 1968 · 17 floors
13 for salefrom $379K$449/sqft
Burleigh House
7135 Collins Ave · 1970 · 20 floors
12 for salefrom $315K$455/sqft
Carriage Club North
5005 Collins Ave · 1964 · 15 floors
12 for salefrom $320K$412/sqft
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