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Waterfront · Condominium
$28,750,000$6,361 / sqft
1671 Collins Ave # 16A, Miami Beach FL 33139
Listed
5
Bedrooms
7
Bathrooms
4,520 sqft
Interior
2028
Year built
$16,498 / mo
HOA
Condominium
Type
About this home
Discover the pinnacle of refined living with FULL OCEAN VIEWS at The Ritz-Carlton Residences, South Beach, an exclusive enclave of 30 oceanfront beach houses. Designed by renowned architect Kobi Karp with interiors by Studio Munge’s Alessandro Munge, this boutique property offers over 50,000 square feet of world-class amenities. Immerse yourself in beautifully landscaped surroundings by Naturalficial and indulge in exceptional dining curated by Michelin-starred Chef José Andrés. This luxurious 3-bedroom, 3.5-bathroom residence spans 3,903 square feet, including a 912-square-foot terrace. It features a private elevator, a spacious primary suite with a lavish ensuite, and expansive living and dining areas designed to provide the ultimate in comfort and elegance.
Features
- First Floor Entry
- Bar
- Built-in Features
- Cooking Island
- Custom Mirrors
- Elevator
- Walk-In Closet(s)
- Great Room
- East Of Us1
- Ocean View
- Other View
- Skyline
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 5-bed rentals across Miami-Dade, from 21 active listings; the middle half ask $24,000–$45,000.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.