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2401 Collins Ave # 1612, Miami Beach FL 33140
About this home
1-bedroom, 1.5-bathroom residence on the 16th floor of The Riviera, 2401 Collins Avenue, Miami Beach, with partial ocean and Intracoastal views from a private balcony. The open living area is filled with natural light and extends onto the balcony, where views stretch across the Intracoastal Waterway to the ocean beyond. The bedroom also captures partial ocean views, with sunrise over the water each morning. Remaining special assessments to be paid in full by the seller at closing. Recent building upgrades include impact windows, renovated elevators, an updated pool deck, and an ongoing lobby renovation. Building's rental policy allows 90-day minimum leases, making this unit well-suited as a second home or income property. 3D tour available.
Features
- Interior Hall
- Elevator
- Intracoastal View
- Ocean View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,882
- HOA
- $1,115 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.