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Waterfront · Condominium
$505,000$424 / sqft
2655 Collins Ave # 510, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,190 sqft
Interior
1973
Year built
$1,200 / mo
HOA
Condominium
Type
About this home
Live and wake up steps from the ocean. Wonderful ocean front full service building with concierge, front desk, fitness center, and a newly renovated pool right on the ocean and next to the famous boardwalk. Large 1 bdr plus den and 2 full bathrooms. Den can be used as a second bedroom or home office with view to the ocean. The apartment features remodeled kitchen and bathrooms, stainless steel appliances and Spanish stone countertops. Building has also been remodeled with new windows and halls. Restaurants and shops and boardwalk to South Beach is just around the corner. Close to dining and highly desirable Faena district.
Features
- Lobby
- Other
- Den/Library/Office
- East Of Us1
- Open Balcony
- Ocean View
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
- Okay To Lease 1st Year
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.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.