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Imperial House

5255 Collins Ave, Miami Beach, FL, 33140
127
RESIDENCES
16
STORIES
1963
YEAR BUILT
$530K – $3.9M+
VALUE RANGE

Imperial House is a 16-story, 127-residence oceanfront condominium at 5255 Collins Avenue in Miami Beach, designed by noted Miami Modern (MiMo) architect Melvin Grossman and completed in 1963. Grossman, a protégé of Morris Lapidus, was also behind the Deauville and the Doral Beach Hotel, and Imperial House remains one of his signature Mid-Beach residential works. The building sits directly on Millionaire's Row and offers 24-hour concierge and valet, a pool deck, fitness center, cabanas, and private beach access with dedicated beach service, with association fees covering all utilities. Imperial House has also carried a colorful chapter of Miami Beach history, long associated with organized-crime figure Meyer Lansky, who lived in a second-floor unit in his later years. The property is currently completing a major building-wide renovation tied to its 40/50-year recertification, reinforcing its long-term structural quality and safety.

Available Residences at Imperial House

5 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
PH$3,890,0005 / 7 / 16,584$59125

2 Bedroom Condos · 4 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
11E$1,490,0002 / 3 / 12,324$6411
12E$1,250,0002 / 3 / 12,324$5380
8F$1,145,0002 / 21,475$77623
5D$950,0002 / 3 / 12,534$375198

1 Bedroom Condos · 3 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
9F$895,0001 / 21,475$60799
11A$639,0001 / 21,560$41046
$530,0001 / 21,560$34066
Neighborhood
Mid-Beach

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

7
Active Listings
▲ 0% vs last month
Avg List Price
$1.4M
Avg Days on Market
60

INVENTORY BY BEDROOM

  • 1 Bed (2) 29%
  • 2 Bed (4) 57%
  • 5+ Bed (1) 14%
Building vs. Market
56% discount to Miami Beach
Trades at a 56% discount to the Miami Beach average ($385 vs $881/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

1050Sep '25Jan '26May '26
6
New Listings
last 3 months
$385
Avg Sale $/SqFt
last 36 months
16.8
Months of Supply
5
Sold
last 12 months

Market & Community Report

As of August 12, 2026, Imperial House carries 7 active listings at an average asking price of $1.4M, with an average time on market of 60 days. Closed sales over the preceding 36 months averaged $385 per sq ft, and 5 transactions closed in the past 12 months — implying 16.8 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 August 12, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Imperial House

How many condos are for sale at Imperial House?

As of August 12, 2026, 7 residences are actively listed for sale at Imperial House. Current asking prices range from $530K to $3.9M. Inventory updates daily from the MLS.

How much do condos at Imperial House cost?

Condos at Imperial House are currently asking from $530K to $3.9M. Over the past 36 months, closed sales have averaged $385 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Imperial House?

Based on MLS closed sales over the preceding 36 months, the average sale price at Imperial House is $385 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Imperial House located?

Imperial House is located at 5255 Collins Ave, Miami Beach, FL, 33140, in the Mid-Beach area.

What neighborhood is Imperial House in?

Imperial House is in Mid-Beach, Miami Beach. You can compare every condo building, home inventory, and price trend across Mid-Beach on its neighborhood guide.

How many units are in Imperial House?

Imperial House has 127 residences across 16 stories.

What year was Imperial House built?

Imperial House was completed in 1963.

What floor plans are available at Imperial House?

Imperial House has 22 published floor plans. See the Floor Plans tab above for unit lines, dimensions, and layouts.

What amenities does Imperial House offer?

Imperial House amenities include 24-hour concierge, Valet parking, Pool deck, Fitness center, Cabanas, Outdoor entertaining areas, Private beach access with dedicated beach service, All utilities included in association fee.

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