Skip to content
All listings
Condominium at 5875 COLLINS Avenue # 1606, Miami Beach FL 33140Active
1 / 18

Photo 1 of 18

Waterfront · Condominium
$1,150,000$1,381 / sqft

5875 COLLINS Avenue # 1606, Miami Beach FL 33140

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
  • Ocean View

Estimated loan & HOA

$8,067

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$5,815
HOA
$2,252 / 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.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
J&M Luxury Investments

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 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.