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Waterfront · Condominium
$4,995,000$1,372 / sqft
5959 Collins Ave # 1503, Miami Beach FL 33140
Listed
4
Bedrooms
5
Bathrooms
3,640 sqft
Interior
2005
Year built
$3,696 / mo
HOA
Condominium
Type
About this home
Awe-inspiring, unobstructed ocean, Intracoastal and city views define this exceptional high-floor residence at The Bath Club. This expansive 4-bedroom, 4.5-bath flow-through home captures spectacular sunrises over the Atlantic and dramatic sunsets over Miami, with floor-to-ceiling impact glass showcasing the views throughout. A private elevator opens directly into gracious, light-filled interiors with generous living and dining areas, oversized terraces, and a spacious family/media room, ideal for both entertaining and relaxed coastal living. The oceanfront primary suite enjoys breathtaking water views, complemented by two generous bedrooms and a staff room, each with an en-suite bath. An exceptional opportunity to customize a residence of this scale and create a truly spectacular oceanfront home. Enjoy The Bath Club's renowned lifestyle with private beach access, tennis courts, lap pool, spa, fitness center and 24-hour security.
Features
- Built-in Features
- Closet Cabinetry
- Other
- Walk-In Closet(s)
- Family Room
- East Of Us1
- Open Balcony
- Ocean View
- Direct Ocean
- Skyline
Leasing
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 4-bed rentals in Miami Beach, from 12 active listings; the middle half ask $45,000–$85,000.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.