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Waterfront · Condominium
$2,990,000$1,332 / sqft
2655 Collins Ave, Miami Beach FL 33140
Listed
3
Bedrooms
4
Bathrooms
2,244 sqft
Interior
1975
Year built
$2,096 / mo
HOA
Condominium
Type
About this home
Luxury combined Miami Beach penthouse (PH06/08) offering 2,244 SF of modern living space with panoramic ocean, Intracoastal, and Downtown skyline views. South Beach–facing residence features 3 bedrooms, 2 full and 2 half baths, plus a den ideal for office or media room. Open-concept layout with designer wet bar, custom Lauriermax cabinetry, and floor-to-ceiling impact glass for abundant natural light and seamless indoor-outdoor living. Full-service oceanfront building with brand new gym with Life Fitness equipment, direct beach access, and boardwalk. Prime location near the Faena District, 1 Hotel, Lincoln Road, dining, shopping, and nightlife. A rare opportunity to own a spacious modern oceanfront penthouse.
Features
- Lobby
- First Floor Entry
- Bar
- Closet Cabinetry
- Fire Sprinklers
- Wet Bar
- Open Balcony
- Intracoastal View
- Ocean View
- Skyline
Leasing
- Minimum lease
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 3-bed rentals in Miami Beach, from 97 active listings; the middle half ask $9,900–$39,500.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.