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Waterfront · Condominium
$1,100,000$777 / sqft
6061 Collins Ave # 7D, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,415 sqft
Interior
1982
Year built
$855 / mo
HOA
Condominium
Type
About this home
Highly sought after building on Millionaire's Road in Miami Beach with direct ocean access and boardwalk. Only 3 units per floor. Gorgeous and bright renovated ocean front unit. Unit consists of Two large bedrooms, two full bathrooms, open concept kitchen, washer & dryer, spacious two balconies with exceptional views, new Hurricane impact windows and sliding doors, storage area, and underground parking. Amazing amenities! 24 hours concierge, brand new elevators, new fitness center, heated pool. This spacious 2 bedroom / 2 bathroom features 1,415 SQF under air plus 900 SQF of direct ocean front balconies giving you panoramic views of the Ocean by day and City lights by night.
Features
- Closet Cabinetry
- Custom Mirrors
- Elevator
- Fire Sprinklers
- Walk-In Closet(s)
- Barbeque
- Open Balcony
- Other
- Intracoastal View
- Ocean View
Leasing
- Minimum lease
- 1 day
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.