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Waterfront · Condominium
$800,000$769 / sqft
5161 Collins Ave # 1101, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,040 sqft
Interior
1966
Year built
$1,067 / mo
HOA
Condominium
Type
About this home
Exceptional investment opportunity on Miami Beach’s prestigious Millionaire’s Row. This renovated 2-bedroom, 2-bathroom oceanfront residence at the iconic Seacoast offers breathtaking views from both bedrooms and the spacious living area. The thoughtfully designed layout features an expansive primary suite with walk-in closet and an open-concept living space ideal for entertaining or enjoying stunning ocean and city views. Designed by renowned architect Morris Lapidus, Seacoast offers a resort-style lifestyle with an impressive array of amenities, including direct beach access with complimentary chairs and umbrellas, a scenic beachfront boardwalk, poolside tiki bar, hot tub, fitness center, convenience store, hair salon, library, ballroom, and valet service. A brand-new pool and deck are currently under construction, further enhancing the property’s appeal. The residence includes one assigned garage parking space, with maintenance covering A/C, hot water, cable, internet, security, and beach service. The building’s 40- and 50-year recertifications have been completed. Offered fully furnished with high-end furniture or unfurnished, providing flexibility for end-users and investors. With 30-day rentals permitted, this property attracts opportunity for investors seeking a Miami Beach asset with strong lifestyle appeal, rental flexibility, and long-term potential. A rare opportunity to own a renovated oceanfront residence in one of Miami Beach’s most recognized buildings
Features
- Other
- None
- Canal
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
- Renting Limited
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.