The Alexander Condos For Sale & Rent

The Alexander Condo Overview

The Alexander is an oceanfront Mid and North Beach condo building at 5225 Collins Ave in Mid and North Beach, Miami Beach. Built in 1962, the 18-story building has 125 residences and a hotel-style context where rental rules, services, fees, and beach access matter as much as the unit itself.

The Alexander Condos for Sale

The Alexander condos for sale should be reviewed by ocean or city exposure, floor height, layout, renovation level, furniture or finish package, parking, and monthly costs. Buyers should understand the building's use profile, association costs, and rental approvals before comparing it with conventional residential condos.

The Alexander Rentals and Rental Policy

Rental policy currently shows a short-term rental setup, a 1-month minimum rental term, and up to 4 rentals per year. Buyers should confirm association rules, rental program terms, approval timing, fees, taxes, and city requirements before relying on projected income.

Amenities and Building Details

Architectural and ownership notes point to Alexander Muss. The building currently shows a no-pets policy. Buyers should review beach services, amenities, parking, security, reserves, insurance considerations, and monthly fees with the specific unit. It offers a unique blend of spacious and cozy one- and two-bedroom suites, ideal for those seeking a peaceful yet luxurious living experience. Residents can enjoy a sparkling lagoon-style pool with a waterfall and a garden whirlpool, creating an idyllic tropical retreat. For relaxation and wellness, there's a rejuvenating spa, salon, and sauna, along with an ultra-modern fully-equipped fitness center. Culinary experiences are elevated with a variety of upscale on-site restaurants, including the popular Shula's Steakhouse, and the Top of the Falls open-air tiki bar, where guests can savor tropical drinks prepared by a Gourmet Event Chef.

What to Compare Before Buying at The Alexander

Compare active condos for sale, active rentals, recent sales, beach access, unit condition, monthly fees, parking, rental rules, pet policy, and Collins Avenue access. It is also useful to compare The Alexander Miami Beach with nearby buildings and area pages such as Miami Beach and Seacoast 5151.

Market Context

The Alexander Miami Beach has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 95 recorded condo sales, or about 11 sales per year. That gives buyers a useful resale sample, but individual unit differences still need to be adjusted carefully. The busiest year in the series was 2022 with 23 sales, while the quietest was 2020 with 1. Recent completed-year sales volume is above the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for The Alexander Miami Beach ranges from about $286/sqft to $628/sqft, with an average near $478/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $412/sqft in 2017 to $465/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $464,013, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at The Alexander Miami Beach: 2 Beds and 1 Bed units have the broadest historical comparison set, while 4 Beds+ around $1,125,000 and 3 Beds around $591,000 represent the higher average closed-price tiers in the chart data. Because the higher-tier segment has limited observations, it should be treated as directional rather than a standalone pricing rule. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. The Alexander Miami Beach also has short-term rental flexibility with a 1-month minimum lease and up to 4 rentals per year, which should be read together with the long-term sales data. That flexibility can broaden buyer demand, but only when approval timing, seasonality, furnishings, taxes, fees, and local rules support the intended use.