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Waterfront · Condominium
$499,999$667 / sqft
5225 Collins Ave # 1204, Miami Beach FL 33140
Listed
1
Bedrooms
1
Bathrooms
750 sqft
Interior
1962
Year built
$1,379 / mo
HOA
Condominium
Type
About this home
Stunning 1-bedroom condo located in a full-service beachfront resort. This beautifully appointed residence features a functional kitchen, spacious living area, and an exceptionally large balcony with breathtaking direct beach views. Impact-resistant windows and doors provide safety, comfort, and peace of mind. The resort offers a luxury lifestyle with two swimming pools, on-site restaurants, cabana bar, and exclusive beach service for owners. Owners are allowed to manage their own short-term rentals, including Airbnb, offering excellent income potential. Included services and amenities: laundry facilities on every floor, complimentary high-speed Wi-Fi, cable TV, valet parking, and 24-hour concierge services. Ideal as a vacation home, investment property, or both—enjoy resort-style living with maximum flexibility and convenience.
Features
- Lobby
- Shabbat Elevator
- Open Balcony
- Ocean View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
- 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
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$3,900.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.