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Waterfront · Condominium
$699,000$728 / sqft
5225 Collins Ave # 1509, Miami Beach FL 33140
Listed
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
Leasing
- Minimum lease
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 $3,600–$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.