Ashley Apartments Condomi
Ashley Apartments Condominium, known locally as The Ashley, is a boutique seven-story building at 5640 Collins Avenue on Miami Beach's Millionaire's Row. Completed in 1967, it holds just 27 residences with only four corner units per floor, giving owners an unusually private, low-density living experience with relatively few full-time residents. The building sits across from the beach along Indian Creek, offering water views toward the Intracoastal and Biscayne Bay along with easy beach access. Amenities include a heated pool, sauna, boat dock available for lease, a barbecue/picnic area, and gated garage parking, and the association completed a new roof in 2023 while maintaining healthy reserves. Its intimate scale and Mid-Beach waterfront setting make it a distinctive alternative to the area's larger high-rise condominiums.
Amenities
- Heated pool
- Sauna
- Boat dock (available for lease)
- Barbecue/picnic area
- Lobby/lounge
- Laundry facilities
- Gated garage parking
- Beach access
The Ashley sits on Miami Beach's Millionaire's Row, a stretch of Collins Avenue in Mid-Beach fronting Indian Creek across from the ocean, close to shops, dining, and South Beach.
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Miami Beach, FL 33140
Available Residences at Ashley Apartments Condomi
3 Bedroom Condos · 1 unit
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 4D | $999,000 | 3 / 2 | 1,830 | $546 | 109 |
2 Bedroom Condos · 2 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| — | $1,275,000 | 2 / 2 | 1,830 | $697 | 148 |
| 6B | $770,000 | 2 / 2 | 1,935 | $398 | 278 |
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ANALYTICS
CURRENT INVENTORY
INVENTORY BY BEDROOM
- 2 Bed (2) 67%
- 3 Bed (1) 33%
INVENTORY TREND (ALL UNITS)
Market & Community Report
As of July 6, 2026, Ashley Apartments Condomi carries 3 active listings at an average asking price of $1M, with an average time on market of 178 days. Closed sales over the preceding 36 months averaged $339 per sq ft, and 1 transaction closed in the past 12 months — implying 36 months of supply against the current pace of absorption.
Zip code 33140 (Miami Beach) is home to 19,455 residents with a median age of 40.9. Per-capita income stands at $90,994; 64.8% hold a bachelor's degree or higher. 59.1% of units are owner-occupied; 30.2% of residents work from home.
Data current as of July 6, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.
Frequently Asked Questions — Ashley Apartments Condomi
How many condos are for sale at Ashley Apartments Condomi?
As of July 6, 2026, 3 residences are actively listed for sale at Ashley Apartments Condomi. Current asking prices range from $770K to $1.3M. Inventory updates daily from the MLS.
How much do condos at Ashley Apartments Condomi cost?
Condos at Ashley Apartments Condomi are currently asking from $770K to $1.3M. Over the past 36 months, closed sales have averaged $339 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.
What is the average price per square foot at Ashley Apartments Condomi?
Based on MLS closed sales over the preceding 36 months, the average sale price at Ashley Apartments Condomi is $339 per square foot. Use this as a benchmark when comparing active listings in the building.
Where is Ashley Apartments Condomi located?
Ashley Apartments Condomi is located at 5640 Collins Ave, Miami Beach, FL, 33140, in the South Beach area.
What neighborhood is Ashley Apartments Condomi in?
Ashley Apartments Condomi is in South Beach, Miami Beach. You can compare every condo building, home inventory, and price trend across South Beach on its neighborhood guide.
What amenities does Ashley Apartments Condomi offer?
Ashley Apartments Condomi amenities include Heated pool, Sauna, Boat dock (available for lease), Barbecue/picnic area, Lobby/lounge, Laundry facilities, Gated garage parking, Beach access.