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Waterfront · Condominium
$500,000$521 / sqft
5225 Collins Ave # 1114, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
960 sqft
Interior
1962
Year built
$1,807 / mo
HOA
Condominium
Type
About this home
Repriced to sell!!! Live in Paradise. The Alexander Hotel in nestled in the heart of Miami Beach. This beautiful 2Bed/2Bath with balcony offers a bright and spaciopus floor plan with view of the Ocean and Intercostal. The unit features ceramic tiles throughout, stainless steal appliances, and open kitchen and much more. Great opportunity to creat income on your apartment through the hotel program when you are not in town. The Alexander Hotel offers an array of services such as Cleaning, Valet, on-site restaurants, cafe, shabbos elevator, concierge, pool & beach service, 2 pools, and much much more. Just minutes from shopping & entertainment. See attachement for additional info. Monthly Maintenance $1,807.74 SM EXPIRES 4/2032 $670.23 M S2 EXPRIRES 1/2036 $116.26
Features
- Lobby
- Elevator
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Bay
- Ocean View
- Direct Ocean
- Skyline
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
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 $3,600–$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.