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Waterfront · Condominium
$399,000$484 / sqft
5701 Collins Ave # 1011, Miami Beach FL 33140
Listed
1
Bedrooms
2
Bathrooms
824 sqft
Interior
1969
Year built
$1,385 / mo
HOA
Condominium
Type
About this home
Just Reduced To Sell! Best Location in Midbeach! Totally renovated building with 50 year certifications! NO Assessments in 2025-26. Amenities include pool and beach service, saunas, on-site full service restaurant and beauty salon, renovated gym, theater, billiards. Enjoy water views on the bay and intracoastal, sunsets that are amazing! Assoc fees include water, AC, pest control, Fiber Wi-Fi and cable. Reduced to sell today!
Features
- Interior Hall
- First Floor Entry
- Custom Mirrors
- Elevator
- Fire Sprinklers
- Walk-In Closet(s)
- No Additional Rooms
- East Of Us1
- Bay
- Intracoastal View
- Skyline
Leasing
- Minimum lease
- 180 days
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$3,900.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.