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Condominium at 5401 Collins Ave # 340, Miami Beach FL 33140Active
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Waterfront · Condominium
$575,000$467 / sqft

5401 Collins Ave # 340, Miami Beach FL 33140

2
Bedrooms
2
Bathrooms
1,230 sqft
Interior
1967
Year built
$1,865 / mo
HOA
Condominium
Type

About this home

Oceanfront elegance on prestigious Millionaire’s Row! Welcome to this stunning 2-bedroom, 2-bath townhouse-style residence perched on the top floor of the iconic Carriage House at 5401 Collins Ave. This residence offers true Miami Beach resort-style living with direct private beach access and entry to the newly completed, lighted oceanfront boardwalk—perfect for walking, jogging, biking, or rollerblading. The unit features a private balcony with breathtaking ocean, pool, garden, and beach views, floor-to-ceiling windows in the primary bedroom, custom built-out closets, in-unit washer/dryer, and an open layout. The Carriage House is a full-service oceanfront building offering exceptional amenities, including a heated Olympic-size pool, jacuzzi, ocean-view gym, sauna, tennis, basketball and racquetball courts, picnic areas, assigned covered parking, and 24-hour security/front desk. On-site conveniences include a restaurant, mini-market, beauty and nail salon, tailor/dry cleaning services. Jewish-friendly features, including an on-site synagogue and Shabbat elevator, adding unmatched convenience for residents seeking these amenities. Building has completed its full recertification and major upgrades. Maintenance includes water, basic cable, internet, and access to all resort-style amenities. Ideally located minutes from South Beach, Bal Harbour, worldclass dining, shopping, and nightlife, this is the perfect place to call home or enjoy as a luxury beachfront escape.

Features

  • First Floor Entry
  • Second Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Custom Mirrors
  • Shabbat Elevator
  • Pantry
  • Other
  • Storage
  • East Of Us1
  • Exterior Cat Walk
  • Courtyard
  • Open Balcony
  • Tennis Court(s)
  • Intracoastal View
  • Ocean View
  • Other View

Location

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

Estimated loan & HOA

$4,773

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

Principal & interest
$2,908
HOA
$1,865 / 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
Edwin Vega Realty LLC

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.