5600 Collins Ave # 7J, Miami Beach FL 33140
About this home
With 1,190 sq ft, unit 7J offers wide-open Intracoastal water views paired with a spectacular city skyline backdrop, and brand-new impact windows throughout (hurricane-rated, energy-efficient). Interiors would benefit from updating, offering a great opportunity to customize the space to your taste. Building amenities include a heated waterfront pool, boat dock, fitness center, billiard/community room, on-site restaurant, valet and garage parking, and pet-friendly policies. Internet and basic cable TV and water are included in the maintenance. There is a special assessment with monthly payments of $284.06. Buyer may assume the remaining balance or seller may pay it off at closing, per terms of sale. Unit includes one assigned parking space (#98) and one storage unit located on the 7th floor, labeled J.
Features
- French Doors
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Bay
- Intracoastal View
- Skyline
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,287
- HOA
- $1,422 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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Run the numbers
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Enter rent, 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. 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.