All listings
Active
Active1 / 40
Photo 1 of 40
Waterfront · Condominium
$809,999$600 / sqft
5005 Collins Ave # 1224, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,350 sqft
Interior
1964
Year built
$1,761 / mo
HOA
Condominium
Type
About this home
Fabulous oceanfront property! Escape to your own paradise & indulge in private resort-style coastal living. Take strolls down the 9-mile long Beachwalk while enjoying soothing sights & sounds of the turquoise ocean. Live worry-free in a sought after vacation spot all yr. round & enjoy the exclusive amenities of the gated well maintained Carriage Club North on prestigious Millionaire's Row: 24/7 front desk attendant/security guard/valet service/beach chairs/heated pool/hot tub/fitness gym/party room/library/pool tables/paddle+surfboard rack/bike room/marina/smart elevator Fri-Sat on automatic & all incl. fiber optic high speed Internet/central HVAC/hot water/storage. Spacious 2 bed/2 bath split fl. plan, walk-in shower, bathtub-shower combo, 2 huge walk-in closets, enlarged covered balcony, impact windows, 2 separate A/C AHU/thermostats, only 1 neighboring wall in the 2nd bedroom, laundry rm conveniently right across the hallway, 2 adjacent garage corner spots. Enjoy the nice northern exposure w/ no direct heat from the sun,no traffic noise from the street,nor direct winds from the ocean. Reside right between Bal Harbour & SoBe,with the bus & free trolley stops in front of the bldg., only minutes away from famous places of fine dining, incredible nightlife, luxurious shopping,artsy Feanea district,trendy SoHo House & much more.The condo assoc. has fully funded reserves, special assessments paid, bldg. passed 40yr recertification, exclusive smoke-free zone & no AirBnB/pets!
Features
- Lobby
- Custom Mirrors
- Shabbat Elevator
- French Doors
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
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–$9,900.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.