Miami Art Week 2026Upcoming
1 exhibitions within 1 mile
Art Week Score 16 · #80 in Mid-Beach & North Beach
#80 in Mid-Beach & North Beach · #374 in Miami
Nearest: Jillian Mayer: Mayer Objects, 1.0 mi away
Own Mid-Beach & North Beach · Mid-Beach
The Ashley
5640 Collins Ave · Built 1967 · 8 floors · 27 residences
For sale
1
0 pending · 6.0 mo supply
Median asking
$770K
from $770K
Median $/sqft
$398/sqft
$523/sqft sold, 12 mo
Days on market
0
377 to sell · 2 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 now25 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Surfside), 3.4 mi
#59 in Mid-Beach & North Beach · #388 in Miami
Room for improvement.
1 Flanigan's locations nearby
Publix IndexLive now
29 / 100
Nearest Publix: Publix at Publix at North Shore, 1.1 mi
#64 in Mid-Beach & North Beach · #678 in Miami
A short drive. Acceptable.
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
76
/ 100
A−
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.
Value81
$398/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity84
6.0 months of supply · 0 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age11
Built 1967 — vs. Mid-Beach & North Beach buildings
own.miami Condo Index
83Value100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#493 of 698 tracked Miami condos
Top 71% by price per sq ft
#59 of 85 in Mid-Beach & North Beach
Momentum
→ Steady
$398/sqft median ask
Liquidity
Hot
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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
ElevatedPublic records checked Oct 31, 2026: no liens, lawsuits or regulatory complaints found for the association.
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 3 purchase or refinance loans on this building in the last 12 months, financing 40% 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 60/100.
Source: Miami-Dade Clerk official records
- InfoSpecial assessment reported as paid — noted on 1 listingsSep 1, 2025
Source: MLS listing remarks
- 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.
Financeability
What the banks say about The Ashley: 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
- 6
- 3 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 40%
- 5 recorded sales, 12 months · Resales only
- Average down payment
- —
- Lowest down payment accepted
- —
Loan programmes, 24 months:Conventional 3Private lenders 3
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
- 4.9 ft
- Lowest nearby street
- 3.5 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 2.5 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
No material litigation foundCivil 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
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR1S015583 · Approved,Recorded. 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 The Ashley cost?+
There are 1 condos for sale at The Ashley, from $770,000, with a median asking price of $770,000 ($398/sqft).
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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