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Waterfront · Condominium
$800,000$977 / sqft
6515 Collins Ave # 1505, Miami Beach FL 33141
Listed
1
Bedrooms
2
Bathrooms
819 sqft
Interior
2004
Year built
$1,477 / mo
HOA
Condominium
Type
About this home
OCEAN & INTRACOASTAL VIEWS | HIGH-FLOOR 1BR/1.5BA AT BEL-AIRE ON THE OCEAN High-floor residence in one of Bel-Aire’s most desirable lines, offering true dual exposure with direct ocean views to the east and expansive Intracoastal and city views to the west. Enjoy spectacular sunrises and sunsets from your private terrace. Residence #1505 benefits from its position alongside Allison Park, helping preserve its open ocean and beach exposure while providing a rare sense of openness along Collins Avenue. Bright and well-proportioned, the residence features floor-to-ceiling impact windows and elegant white porcelain flooring throughout. Bel-Aire on the Ocean is a boutique beachfront building with direct beach access, complimentary beach service with chairs and umbrellas, oceanfront pool and jacuzzi, fitness center, conference room, ping pong and billiard rooms, 24/7 security, valet and self-parking. Prime Collins Avenue location within walking distance to Publix, Walgreens, parks, restaurants and cafés. Comparable in price to many new one-bedroom pre-construction residences on the water, yet ready to enjoy today with established amenities and breathtaking ocean, Intracoastal and skyline views. An outstanding opportunity as a primary residence, second home or investment property.
Features
- Other
- Open Balcony
- Intracoastal View
- Ocean View
- Water View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- No Daily Rentals
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 $2,300–$3,950.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.