- Year built
- 1967
- Residences
- 27
- Building area
- 50,832 sq ft
- Median residence
- 1,830 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $870,000 · Nov 2025
- Median sale (10 yr)
- $620,000
- Recorded transfers
- 119
Ashley Apartments is a 27-residence condominium building at 5640 Collins Avenue, in Mid-Beach. County records list 1967 as the year built. It has a median residence of 1,830 square feet.
The recorded market runs to 79 arms-length sales since 1973, an annual turnover rate of 3 percent of the building over the past decade, and a median of $110 per square foot. Across 52 same-unit resales, 87 percent sold above their prior recorded price, with a median gain of 52 percent over a median hold of 9.2 years.
Own a residence at Ashley Apartments? See what it would sell for.
Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.
646.939.7375 · c.cohen@compass.com
At a glance
Common name: Ashley Apartments. The condominium is named Ashley Apartments Condominium.
Building type: Small residential condominium, one building
Floors: Eight
Unit sizes: Two-bedroom, two-bath residences of about 1,680 to 1,935 square feet, and three-bedroom, two-bath residences of about 1,620 to 2,010 square feet
Amenities: Elevator, assigned parking, sauna, barbecue area, common library and media room.
Source: The Roebling Research Desk.
Why Ashley Apartments matters
Ashley Apartments is a 27-residence building on Collins Avenue. The two- and three-bedroom plans run about 1,600 to 2,000 square feet. With 27 owners, any major expense is shared among few.
Mid-Beach and Collins Avenue
Mid-Beach is the stretch of Collins Avenue between South Beach and North Beach. The 5600 block is in the northern part of it. The corridor mixes older mid-rise condominiums, hotels and newer towers; Faena House is one of the newer ones.
Ashley is on the west side of Collins Avenue and is not oceanfront. Views vary by unit.
Architecture and unit composition
Ashley is an eight-floor elevator building with 27 residences, an average of about three or four per floor. The plans are two-bedroom and three-bedroom, with two baths each. Two-bedroom plans measure about 1,680 to 1,935 square feet and three-bedroom plans about 1,620 to 2,010. The ranges overlap because plans differ by line. Confirm interior area from the association's floor plans.
Ask which building systems have been replaced and for each unit's renovation history.
Building operations
The building has an elevator and assigned parking. The common areas include a sauna, a barbecue area and a library and media room.
Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history. Also ask for the operating budget and recent financial statements, reserve funding, any pending or recent special assessment, insurance and any association loans. In a 27-unit building, a single assessment is divided among few owners, so the per-unit amount can be large.
Policy framework
Policies, fees and applications, including pets, leasing, minimum lease terms and any resale approval, are set by the association and should be confirmed at offer stage. Pet rules in particular should be confirmed in writing before any offer.
Sales context
One recorded sale, November 2025, at $870,000. It is one sale, not a building price. Pricing varies with size, floor, condition and view.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
What to know if you're buying at Ashley Apartments
Read the reserves and the inspection record. Ask for the SIRS and milestone results.
Verify the view. The building is not oceanfront; confirm the view from the unit.
Confirm size. Get the floor plan. Square footage for the same line varies.
What to know if you're selling at Ashley Apartments
Document the building. Budget, financials, SIRS and inspection status shorten diligence.
Price against your line. Use trades in the same plan size, adjusted for renovation and view.
Comparable buildings
- Castle Beach Club — a Mid-Beach oceanfront condominium.
- The Alexander — a Mid-Beach oceanfront condominium.
- Faena House — a Foster + Partners oceanfront condominium in Mid-Beach.
The neighborhood
For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Mid-Beach.
Run the numbers
- Miami buyer closing cost calculator — documentary stamps on the mortgage, intangible tax, title insurance and the condo estoppel.
- Miami seller closing cost calculator — the deed documentary stamp tax, title, closing and association transfer fees.
Related guides
- Post-Surfside Miami condo diligence — milestone inspections, structural integrity reserve studies and special assessments.
- Florida Save Our Homes, explained — the assessment cap, the homestead exemption and portability.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Jul 1973. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Jul 2026 | 2B | 1,935 sf | $400,000 | |
| Apr 2026 | 2B | 1,935 sf | $150,000 | |
| Nov 2025 | 2B | 1,935 sf | $870,000 | ✓ |
| Aug 2025 | 6C | 1,680 sf | $669,500 | ✓ |
| Jun 2025 | 8B | 1,935 sf | $539,500 | ✓ |
| Mar 2025 | 2A | 1,775 sf | $670,000 | ✓ |
| Dec 2023 | 3D | 1,830 sf | $480,000 | |
| May 2022 | 7-C | 1,680 sf | $717,800 | |
| Mar 2022 | 6A | 1,729 sf | $510,000 | ✓ |
| Feb 2022 | 7B | 1,935 sf | $600,000 | ✓ |
| May 2021 | 4D | 1,830 sf | $1,095,000 | ✓ |
| Apr 2017 | 3A | 1,775 sf | $594,500 | ✓ |
| Feb 2016 | 4B | 1,935 sf | $620,000 | ✓ |
| Mar 2015 | 5-C | 1,680 sf | $590,000 | ✓ |
| Mar 2014 | 7B | 1,935 sf | $439,000 | ✓ |
| Jul 2013 | 2C | 1,680 sf | $925,000 | ✓ |
| Feb 2013 | 2B | 1,935 sf | $373,500 | ✓ |
| Sep 2011 | 2D | 1,830 sf | $466,250 | ✓ |
| Jun 2011 | 3C | 1,680 sf | $310,000 | ✓ |
| May 2011 | 8-E | 3,668 sf | $572,500 | ✓ |
| Aug 2010 | 2B | 1,935 sf | $213,000 | ✓ |
| Aug 2009 | 5D | 1,830 sf | $470,000 | ✓ |
| Mar 2009 | 5-C | 1,680 sf | $305,000 | |
| Apr 2007 | 5-B | 1,935 sf | $425,000 | ✓ |
| Nov 2006 | 7D | 1,830 sf | $525,000 | ✓ |
| Jan 2006 | 6-B | 1,935 sf | $635,000 | ✓ |
| Dec 2005 | 5-C | 1,680 sf | $595,000 | ✓ |
| Aug 2005 | 5D | 1,830 sf | $650,000 | ✓ |
| Jun 2005 | 6A | 1,729 sf | $450,000 | ✓ |
| Apr 2005 | 2A | 1,775 sf | $465,000 | ✓ |
| Feb 2005 | 7-C | 1,680 sf | $437,700 | ✓ |
| Sep 2004 | 4D | 1,830 sf | $600,000 | ✓ |
| Aug 2004 | 2A | 1,775 sf | $325,000 | ✓ |
| Jul 2004 | 2C | 1,680 sf | $375,000 | ✓ |
| Apr 2004 | 5-B | 1,935 sf | $379,000 | ✓ |
| Apr 2004 | 2B | 1,935 sf | $265,000 | ✓ |
| Mar 2004 | 2C | 1,680 sf | $335,000 | ✓ |
| Jan 2004 | 7A | 1,775 sf | $285,000 | ✓ |
| Oct 2003 | 5D | 1,830 sf | $415,000 | ✓ |
| Jul 2003 | 4B | 1,935 sf | $350,000 | ✓ |
| Jun 2002 | 7B | 1,935 sf | $350,000 | ✓ |
| May 2002 | 5D | 1,830 sf | $249,500 | ✓ |
| Mar 2001 | 4B | 1,935 sf | $192,000 | ✓ |
| Nov 1999 | 2B | 1,935 sf | $155,000 | ✓ |
| Jul 1999 | 3C | 1,680 sf | $185,000 | ✓ |
| Dec 1998 | 4B | 1,935 sf | $142,000 | ✓ |
| Jul 1998 | 6-B | 1,935 sf | $148,000 | ✓ |
| Mar 1998 | 2D | 1,830 sf | $186,000 | ✓ |
| Jun 1997 | 6A | 1,729 sf | $159,000 | ✓ |
| Mar 1997 | 8B | 1,935 sf | $185,000 | ✓ |
| Nov 1996 | 6-D | 2,010 sf | $225,100 | ✓ |
| Mar 1996 | 7B | 1,935 sf | $165,000 | ✓ |
| Jan 1996 | 2C | 1,680 sf | $165,000 | ✓ |
| Dec 1995 | 5A | 1,775 sf | $165,000 | ✓ |
| Dec 1995 | 4D | 1,830 sf | $186,000 | ✓ |
| Sep 1994 | 4C | 1,680 sf | $185,000 | ✓ |
| Sep 1994 | 4A | 1,775 sf | $126,000 | ✓ |
| May 1994 | 8A | 1,775 sf | $175,000 | ✓ |
| May 1994 | 2D | 1,830 sf | $170,000 | ✓ |
| Jan 1994 | 7-C | 1,680 sf | $140,000 | ✓ |
| Mar 1993 | 5-C | 1,680 sf | $297,000 | ✓ |
| Mar 1993 | 4C | 1,680 sf | $145,000 | ✓ |
| Jan 1993 | 3B | 1,935 sf | $130,000 | ✓ |
| Jun 1992 | 5-B | 1,935 sf | $135,000 | ✓ |
| Nov 1989 | 2B | 1,935 sf | $95,000 | ✓ |
| Oct 1988 | 4C | 1,680 sf | $105,000 | ✓ |
| Sep 1987 | 2A | 1,775 sf | $77,500 | |
| Nov 1985 | 3A | 1,775 sf | $105,000 | ✓ |
| Oct 1985 | 5D | 1,830 sf | $125,000 | ✓ |
| May 1985 | 4B | 1,935 sf | $125,000 | ✓ |
| Mar 1985 | 4C | 1,680 sf | $125,000 | ✓ |
| Oct 1984 | 2B | 1,935 sf | $92,000 | |
| Apr 1984 | 8-E | 3,668 sf | $150,000 | ✓ |
| Aug 1983 | 2D | 1,830 sf | $115,000 | ✓ |
| May 1981 | 4A | 1,775 sf | $200,000 | ✓ |
| Mar 1981 | 2B | 1,935 sf | $200,000 | ✓ |
| Oct 1979 | 7-C | 1,680 sf | $98,100 | ✓ |
| Aug 1979 | 6-D | 2,010 sf | $175,000 | ✓ |
| Jul 1979 | 3D | 1,830 sf | $135,000 | ✓ |
| May 1979 | 7B | 1,935 sf | $130,000 | ✓ |
| Jan 1979 | 3A | 1,775 sf | $105,000 | ✓ |
| Jul 1978 | 8B | 1,935 sf | $95,000 | ✓ |
| Apr 1976 | 8B | 1,935 sf | $82,500 | ✓ |
| Mar 1976 | 3A | 1,775 sf | $90,000 | ✓ |
| Aug 1974 | 4B | 1,935 sf | $86,500 | ✓ |
| Jul 1973 | 5A | 1,775 sf | $75,800 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 33 nominal-consideration paper transfers omitted.
This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.
Considering a move at Ashley Apartments?
Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com
Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.
The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.
To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.