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Waterfront · Condominium
$650,000$546 / sqft
2655 Collins Ave # 503, Miami Beach FL 33140
Listed
1
Bedrooms
2
Bathrooms
1,190 sqft
Interior
1975
Year built
$1,111 / mo
HOA
Condominium
Type
About this home
Experience effortless Miami Beach living in this beautifully appointed condo, offered fully furnished with high-end designer pieces and fully remodeled. Every detail is in place for a seamless move-in—simply bring your clothes and begin enjoying the Miami Beach lifestyle. The spacious one-bedroom layout is enhanced by a versatile den that can be used as a home office, or private studio. Thoughtfully designed for comfort and style, features impact windows, power operated blinds, premium high-end appliances, built-in ceiling speakers throughout, professional Control4 smart home automation for seamless whole-home control, a generous walk-in closet, assigned covered garage parking, along with convenient guest parking. The oceanfront building offers an impressive collection of amenities, including a large fitness center with new equipment, a sauna, and a game room with a pool table. Just steps from the sand, this exceptional location places acclaimed dining, shopping, cafés, and entertainment within easy reach. Lincoln Road Mall, the Faena Hotel, and the Miami Beach Boardwalk are all within walking distance. Building maintenance also includes basic cable TV, Wi-Fi, and water. Easy to show.
Features
- Walk-In Closet(s)
- Den/Library/Office
- East Of Us1
- Open Balcony
- Ocean View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.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.