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Waterfront · Condominium
$4,250,000$2,792 / sqft
8701 Collins Ave # 705, Miami Beach FL 33154
Listed
2
Bedrooms
3
Bathrooms
1,522 sqft
Interior
2019
Year built
$5,610 / mo
HOA
Condominium
Type
About this home
Enjoy Resort living in an architectural masterpiece designed by world renowned Renzo Piano Workshop. The building sits between a 35-acre ocean front park to the south and private 2-acre park to the north. This corner residence is adorned with high end finishes, floor to ceiling walls of glass and stacking glass doors which create a seamless indoor/outdoor living space unto the 1,433 square foot terrace! Ornare custom closets, available turnkey or unfurnished. Overlooking Biscayne Bay and sunset downtown views to the West, ocean views to the Northeast. This boutique full-service building offers a tranquil lifestyle with 2 infinity pools, hot tub, poolside and beach services, wine bar, fitness center, hair/nail salon and one of a kind private spa!
Features
- Lobby
- First Floor Entry
- Closet Cabinetry
- Fire Sprinklers
- Entrance Foyer
- Walk-In Closet(s)
- Great Room
- East Of Us1
- Bay
- Ocean View
- 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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.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.