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Condominium
$287,500$399 / sqft
720 Collins Ave # 309, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
720 sqft
Interior
1972
Year built
$641 / mo
HOA
Condominium
Type
About this home
Live the ultimate South Beach lifestyle in this bright Beautiful 1-bedroom condo located just 1 block from the beach and iconic Ocean Drive. Nestled in a well-maintained South Beach Art Deco building on a quiet, tree-lined street. this Condo provides excellent natural light and a spacious feel. Situated within walking distance to Lincoln Road, Whole Foods, and all the best that South Beach has to offer. 50 Year inspection completed, Secure building with intercom entry, immaculate common areas, on-site laundry, Gym, bike room storage, beautiful lobby and garden areas. Ideal for end-users or investors — can be rented right away. Come put your toes in the sand and live it up on the beach!!
Features
- Lobby
- First Floor Entry
- Elevator
- Walk-In Closet(s)
- Exterior Cat Walk
- Courtyard
- Open Balcony
- Garden View
- Other View
- Skyline
Leasing
- Minimum lease
- 180 days
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–$4,500.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.