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Waterfront · Condominium
$799,000$1,289 / sqft
4391 Collins Ave # 419, Miami Beach FL 33140
Listed
0
Bedrooms
1
Bathrooms
620 sqft
Interior
2008
Year built
$1,068 / mo
HOA
Condominium
Type
About this home
620 SF junior suite at Fontainebleau III generating income with flexible rental potential beyond the hotel program (subject to guidelines). Fully furnished turnkey unit with king bed + sleeper sofa, ready for immediate income or personal use—enjoy the property while it works for you. Prime oceanfront world-class resort. Maintenance includes ALL utilities, valet, cable, internet, and daily owner breakfast—predictable expenses, simplified ownership. Ideal for investors seeking a lifestyle asset with income potential, flexibility, and long-term value. Video on the Virtual tour link.
Features
- Bar
- Closet Cabinetry
- Entrance Foyer
- Other
- Pantry
- Garden View
- Other View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
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 studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,800–$3,000.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.