All listings
Active
Active1 / 29
Photo 1 of 29
Waterfront · Condominium
$500,000$627 / sqft
2899 Collins Ave # 1624, Miami Beach FL 33140
Listed
1
Bedrooms
2
Bathrooms
797 sqft
Interior
1966
Year built
$580 / mo
HOA
Condominium
Type
About this home
Experience elevated Miami Beach living from this premier, desired corner unit. Set in a walkable, pedestrian-friendly enclave near shops and restaurants, with the world-renowned Edition Hotel just steps away, this beautifully renovated, high-floor residence — Unit 1624 — offers sweeping views of the bay, Miami skyline, and stunning sunsets. The open balcony provides the perfect vantage point for spectacular sunsets and the vibrant cityscape. Inside, thoughtful upgrades include designer finishes, custom cabinetry, quartz countertops, premium appliances, and built-out spacious closets. Housed within a beautifully, impeccably maintained, full-service oceanfront building offering two pools, a fitness center, security, and the flexibility of 90-day rentals.
Features
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Intracoastal View
- Skyline
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 1
- Okay To Lease 1st Year
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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 $2,350–$4,500.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.