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SOUTH BEACH CASH FLOW ALERT! Looking for a truly hands-off, turn-key investment in the heart of Miami? Look no further. ***865 Collins Ave #210, Miami Beach*** LEGAL Short-Term Rental / Airbnb Approved! Finding properties in South Beach that allow legal, daily Airbnb rentals is like finding a needle in a haystack. This gorgeous 410 sq. ft. studio is fully primed to start generating income for you on day one. Why guests (and your wallet) will love it: *Location, Location, Location: Literally steps to Ocean Drive and the world-famous South Beach sand. *Full Kitchen: Complete with premium granite countertops (no tiny kitchenettes here!). *Peace of Mind: Brand-new hurricane impact windows already installed. *Turn-Key: Fully functional, open-concept living and dining area. Stop renting out your money to inflation. Put it to work in America’s playground. Let's schedule a private showing!
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.
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 studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,880–$3,300.That is what landlords ask, not what units let for — edit it if you know better.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Request a private or video tour with a local agent.