# The Ashley

As of 2026-10-18, The Ashley in Mid-Beach & North Beach has 1 units for sale at a median asking price of $770K ($398/sqft); 2 units sold in the last 12 months.

The Ashley is a boutique condominium building located on Miami Beach's prestigious Millionaires Row.

## Key facts

| | |
|---|---|
| Address | 5640 Collins Ave |
| Neighborhood | Mid-Beach, Mid-Beach & North Beach |
| Year built | 1967 |
| Floors | 8 |
| Units | 27 |
| Waterfront | yes |
| For sale | 1 |
| Pending | 0 |
| Median asking price | $770,000 |
| Median asking $/sqft | $398/sqft |
| Sold, last 12 months | 2 |
| Median sold $/sqft, 12 months | $523/sqft |
| Months of inventory | 6.0 |
| Median HOA | $1,500/mo |
| Parking | guest parking |

## Own Miami measures

- **own.miami Building Score: 76 (A−)**
  - Value: 81 — $398/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
  - Momentum: 50 — Recent price trend
  - Liquidity: 84 — 6.0 months of supply · 0 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 11 — Built 1967 — vs. Mid-Beach & North Beach buildings
- **Own Miami Condo Index: 83** (value; 100 = the market-median building, 200 = twice its $/sqft; rank 493 of 698 tracked Miami condos)
- **Financeability Index: 60** (good; 12-month window, 6 recorded mortgages, 40% of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2032)

## Building health (verified public records)

- Public records checked 2026-10-31: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — 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. (2026-10-31)
- info: Special assessment reported as paid — noted on 1 listings (2025-09-01)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-10-24)

## Frequently asked questions

**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.

## Related pages

- [Mid-Beach & North Beach — neighborhood guide](https://own.miami/mid-beach-north-beach)
- [All units for sale at The Ashley](https://own.miami/buildings/the-ashley/for-sale)
- [King Cole](https://own.miami/buildings/king-cole)
- [Parkview Point](https://own.miami/buildings/parkview-point)
- [Seacoast 5700](https://own.miami/buildings/seacoast-5700)
- [Aquasol](https://own.miami/buildings/aquasol)

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Source: Own.Miami — https://own.miami · data as of 2026-10-18
Canonical page: https://own.miami/buildings/the-ashley
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