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Waterfront · Condominium
$294,900$292 / sqft
7135 Collins Ave # 1221, Miami Beach FL 33141
Listed
1
Bedrooms
2
Bathrooms
1,010 sqft
Interior
1970
Year built
$976 / mo
HOA
Condominium
Type
About this home
LOCATION, LOCATION, LOCATION! An UNBELIEVABLE OCEANFRONT BUILDING OPPORTUNITY UNDER $300K IN MIAMI BEACH! At just $299,000, this price is absolutely CRAZY for living directly on iconic Collins Avenue! Sitting high on the 12th floor at 7135 Collins Ave #1221, this sun-drenched condo offers sweeping, panoramic city and skyline views through floor-to-ceiling windows. Step inside to an open-concept layout with low-maintenance tile flooring throughout, a full kitchen featuring dark granite counters, white cabinetry, track lighting, and a breakfast bar pass-through. RARE EXTRA BONUS: Features your OWN IN-UNIT WASHER & DRYER, a huge luxury upgrade as most units in the building share floor facilities! The bright bedroom suite includes great closet space and stunning sunset views. Step right out of your building onto the beach boardwalk, or enjoy resort-style amenities including an oceanfront pool deck, lounge areas, and 24/7 lobby security. Located steps from the Miami Beach Bandshell, Publix, Starbucks, and top local dining. Whether you're looking for a primary residence, a vacation getaway, or an unbeatable investment asset, THIS WILL SELL FAST! Schedule your private tour today before it’s gone!
Features
- Lobby
- Walk-In Closet(s)
- Other
- Intracoastal View
- Other View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 1
- No Lease-1st Year Owned
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.