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Waterfront · Condominium
$1,998,000$1,289 / sqft
4779 Collins Ave, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,550 sqft
Interior
2000
Year built
$1,990 / mo
HOA
Condominium
Type
About this home
This unit includes 2 car parking spaces and is a 2-bed + DEN Blue Diamond condo in a Miami Beach tower. The twin towers sit between the Atlantic Ocean and Indian Creek, offering alluring resort-style living. Known for its spectacular views of the ocean, Indian Creek, Biscayne Bay, the Intracoastal, and the twinkling Miami skyline, it's the best of Miami Beach living. Resort-style amenities: Discreet personal Front Desk /Concierge services/ Mail & package room/24-hour security system/24-hour security and guarded gatehouse/ Indoor parking with 24-hour valet service/ 5 high-speed elevators/large ocean-side swimming pool with cascade; two hot tubs; children’s pool/ Gyms, spa, hair salon, and BEACH SERVICES, Beautiful landscaping throughout/ Two lighted tennis courts. Distinguished by the jeweled domes that light up in blue and green at night, this 2-bedroom has a DEN that can serve as an office, bedroom, or guest room.
Features
- First Floor Entry
- Split Bedroom
- Den/Library/Office
- Open Balcony
- Canal
- Direct Ocean
- Water View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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.
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.