All listings
Active
Active1 / 17
Photo 1 of 17
Waterfront · Condominium
$1,150,000$1,381 / sqft
5875 COLLINS Avenue # 1606, Miami Beach FL 33140
Listed
1
Bedrooms
833 sqft
Interior
2008
Year built
$2,252 / mo
HOA
Condominium
Type
About this home
Oceanfront Luxury on Miami Beach's Famous Millionaire's Row Wake up to the sound of waves and direct beach access on one of Miami Beach's most coveted stretches. This fully furnished condo was designed by a professional decorator with sleek Modern Italian leather furniture throughout — every detail thought out for you. Sink into the plush king-size bed, or stretch out on the oversized queen sofa bed (perfect for guests). Movie night hits different on the 75" QLED Samsung Smart TV, and mealtimes feel like an event at the stunning round dining table by Karim Rashid for BoConcept, surrounded by six limited-edition chairs. Step out onto your private balcony with BoConcept outdoor furniture and soak in unobstructed views of the ocean and the Miami skyline — this terrace alone will sell you. The kitchen comes fully loaded with top-tier appliances, so cooking here feels effortless. And the building? Just as impressive: complimentary valet, a gorgeous pool, 24-hour doorman, fitness center, and a spa to unwind in. Beach days are easy too — chairs, umbrellas, and towels are all provided. Perfect for snowbirds looking for their home away from home. Available for 6 months to 1 year. This is coastal living, elevated. Come see it for yourself.
Features
- Built-in Features
- Cooking Island
- Walk-In Closet(s)
- Utility Room/Laundry
- Balcony
- Courtyard
- Intracoastal View
- Ocean
- Direct Ocean
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 $2,300–$3,850.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.