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Waterfront · Condominium
$675,000$487 / sqft
5005 Collins Avenue # 1210, Miami Beach FL 33140
Listed
3
Bedrooms
2
Bathrooms
1,385 sqft
Interior
1964
Year built
$2,040 / mo
HOA
Condominium
Type
About this home
Welcome to your coastal paradise! This southeast corner unit on the 12th floor offers breathtaking oceanfront and Intracoastal views from your private balcony. Featuring 3 bedrooms, 2 bathrooms, and in-unit washer and dryer, this residence is nestled in a full-service building designed to be your personal resort. Enjoy direct beach access, the South Beach boardwalk to the Fontainebleau. The building boasts resort-style amenities, including a heated pool, jacuzzi, gym, 24-hour concierge, valet parking, and more. Maintenance includes A/C, basic cable, water, and an assigned parking spot. Ideally located just minutes from shopping and restaurants—every day feels like a vacation! Motivated Seller!!!
Features
- Lobby
- First Floor Entry
- Open Balcony
- Ocean
- Direct Ocean
- Ocean View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$5,453
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 3-bed rentals in Miami Beach, from 103 active listings; the middle half ask $9,000–$38,000.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.