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Waterfront · Condominium
$695,000$675 / sqft
5161 Collins Ave # 1702, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,030 sqft
Interior
1966
Year built
$1,057 / mo
HOA
Condominium
Type
About this home
Oceanfront condo, 2 bedrooms/2 baths in resort living Seacoast 5151 Condominium in the hearth of Millionaire's row. Nicely decorated , plenty of natural ligh, located on high floor with view of the ocean as well as the intracoastal waterways. The building has completed its 40/50 year recertification, ensuring safety and structural integrity. Luxury amenities include direct beach access, gym, common areas, assigned parking, valet parking and 24 hours security. With a flexible 12 times per year, 30 days rental policy, unit 1702 is ideal for both investors and families. Short distance from all the Historic hotels along Collins Avenue, South Beach, airport and all the hot spot Miami has to offer.
Features
- First Floor Entry
- Open Balcony
- Pool Area View
- Water View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit.
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.