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Waterfront · Condominium
$1,069,000$650 / sqft
2655 Collins Ave # 602, Miami Beach FL 33140
Listed
3
Bedrooms
2
Bathrooms
1,645 sqft
Interior
1973
Year built
$1,510 / mo
HOA
Condominium
Type
About this home
Massive newly remodeled 3 bedroom 2 bathroom corner unit oceanfront condo. Remodeled open kitchen, bathrooms, flooring, expanded luxury walk-in closets, porcelain tile floors throughout the unit and new appliances. Steps away from the beach. Oceanfront pool, large gym with new equipment, sauna, game room with pool table, Florida room lounge and garage parking. Prime location in the heart of Miami Beach, close to Lincoln Road, restaurants, shopping and nightlife, while maintaining local vibes in your immediate vicinity.
Features
- Cooking Island
- Walk-In Closet(s)
- Family Room
- Florida Room
- Open Balcony
- Other View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$6,915
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
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.