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Waterfront · Condominium
$3,999,999$967 / sqft
5959 Collins Ave # 606, Miami Beach FL 33140
Listed
5
Bedrooms
6
Bathrooms
4,135 sqft
Interior
2005
Year built
$4,221 / mo
HOA
Condominium
Type
About this home
Spectacular residence at the exclusive Bath Club offering 4,135 SF with 5 bedrooms—including a custom kids’ bunk room—and 5.5 baths. A private elevator opens directly into the home, revealing an expansive, thoughtfully designed layout with separate living and family rooms, formal dining, and a gourmet eat-in kitchen equipped with Sub-Zero and Miele appliances—ideal for effortless entertaining. The oversized primary suite features a spacious sitting area and two walk-in closets. Additional highlights include two assigned self-parking spaces and an optional poolside cabana available for purchase. Enjoy resort-style amenities including two Har-Tru clay tennis courts, poolside food service, two on-site restaurants, a state-of-the-art fitness center, spa, sauna, children’s play area, and a wide stretch of full-service beach. The Bath Club offers guard-gated entry, exceptional staff, and concierge services. Centrally located in Mid-Beach, moments from world-class dining, Bal Harbour Shops, and the Design District.
Features
- First Floor Entry
- Elevator
- Entrance Foyer
- Other
- Split Bedroom
- Family Room
- Great Room
- Ocean View
Leasing
- Minimum lease
- 180 days
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 5-bed rentals across Miami-Dade, from 26 active listings; the middle half ask $24,500–$49,900.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.