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Condominium at 5875 Collins Ave # 902, Miami Beach FL 33140Active
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Waterfront · Condominium
$3,750,000$2,174 / sqft

5875 Collins Ave # 902, Miami Beach FL 33140

3
Bedrooms
4
Bathrooms
1,725 sqft
Interior
2008
Year built
$4,494 / mo
HOA
Condominium
Type

About this home

Stunning remodeled southeast corner 3-bedroom turnkey residence, offered fully furnished excluding artwork and personal property, showcasing over $1M in upgrades by designer Janet Patterson. The complete renovation features Nero Marquina marble floors, custom wood wall paneling and flush doors, a European hybrid kitchen with Miele appliances, and designer marble bathrooms. The primary suite includes a steam shower and Toto smart toilet. Additional enhancements include trimless recessed lighting, indirect LED cove lighting, motorized Lutron shades, custom closets with integrated lighting, soundproofing, a Control4 smart home system, new HVAC with linear diffusers, and a striking semi-precious crystal quartz backlit ledge. Floor-to-ceiling glass opens to an expansive wraparound corner terrace with direct SE ocean views. MEi Miami Beach offers an exceptional resort-style lifestyle with direct beach access and beach service, an oceanfront pool and spa deck, a full-service spa with sauna and steam rooms, state-of-the-art fitness center, tea lounge and meditation areas, residents lounge/social room, business center, concierge and valet services, 24-hour security and front desk staff, covered parking, and a pet-friendly environment.

Features

  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Fire Sprinklers
  • Laundry Tub
  • Open Balcony
  • Direct Ocean

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$23,456

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$18,962
HOA
$4,494 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
One Sotheby's International Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.