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Waterfront · Condominium
$699,000$728 / sqft

5225 Collins Ave # 1509, Miami Beach FL 33140

2
Bedrooms
2
Bathrooms
960 sqft
Interior
1962
Year built
$2,595 / mo
HOA
Condominium
Type

About this home

Oceanfront condo hotel on Miami Beach's iconic Collins Avenue. This fully furnished 2-bedroom, 2-bathroom residence on the 15th floor offers 960 SF of living space with stunning ocean and Intracoastal views. Located in a completely remodeled building with direct beach access and no rental restrictions. Ideal for investors or owner-occupants — rent through the hotel program, use an operator, list on Airbnb, or live in it full-time. The flexibility is yours. Maintenance fees include electricity, cable, A/C, Wi-Fi, and hot water. One assigned garage parking space included. Building amenities include two outdoor pools with tiki bar, beach service, spa, gym, full-service restaurant, cafe-bakery, bar, salon, mini market, maid service, valet parking, and event/wedding facilities. An exceptional opportunity in one of Miami Beach's most sought-after oceanfront locations. Must see.

Features

  • Lobby
  • Shabbat Elevator
  • Fire Sprinklers
  • French Doors
  • Split Bedroom
  • Walk-In Closet(s)
  • Open Balcony
  • Intracoastal View
  • Ocean View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$6,130

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$3,535
HOA
$2,595 / 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.

Courtesy of
Douglas Elliman

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.

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 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.