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Waterfront · Condominium
$675,000$407 / sqft
5055 Collins Ave # 5M, Miami Beach FL 33140
Listed
2
Bedrooms
3
Bathrooms
1,660 sqft
Interior
1961
Year built
$1,859 / mo
HOA
Condominium
Type
About this home
This desirable M-line residence at the iconic Crystal House offers one of the largest two-bedroom floor plans in the building. Featuring 2 bedrooms and 3 full bathrooms, the layout provides the space and functionality typically found in larger three-bedroom residences. Floor-to-ceiling windows showcase expansive views of the Intracoastal Waterway and Miami skyline. The open living and dining areas flow together, with an adjacent eat-in kitchen. The primary suite includes a spacious dressing area, and the residence offers abundant storage throughout. Located on prestigious Collins Avenue, this beachfront address combines comfort, scale, and prime positioning. Amenities include valet, fitness center, sauna, concierge services, pickleball courts, pool, and direct beach access. Competitively priced relative to recent sales, this residence presents a compelling opportunity to own a generously sized two-bedroom in one of Miami Beach’s most established oceanfront buildings.
Features
- Entrance Foyer
- Pantry
- Walk-In Closet(s)
- None
- Intracoastal View
- Other View
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.