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Condominium at 5900 Collins Ave # 404, Miami Beach FL 33140Active
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Waterfront · Condominium
$545,000$562 / sqft

5900 Collins Ave # 404, Miami Beach FL 33140

2
Bedrooms
2
Bathrooms
970 sqft
Interior
1998
Year built
$1,781 / mo
HOA
Condominium
Type

About this home

Well-maintained property with an owner who clearly values quality, attention to detail, and excellent upkeep. The unit has been freshly painted, The living room and bedrooms offer direct balcony access with beautiful views, creating a bright and relaxing atmosphere throughout the home. The two spacious bedrooms provide both comfort and privacy, making the unit ideal for peaceful everyday living. The master bathroom features a private jacuzzi. The building’s common areas are truly impressive. Residents enjoy 24-hour security and package room for added convenience. There are multiple lounge areas with stunning water views, as well as an indoor entertainment room equipped with a full kitchen, TV, sofas, tables, and a private bathroom — ideal for hosting guests or small gatherings. The pool deck is a true highlight, featuring a heated pool, spa, fully equipped kitchen, seating areas, private restroom, and breathtaking waterfront views where you can watch boats pass by while relaxing in style. No parking headaches here, includes one assigned parking space — valet service is aslo available for both residents and guests. All Special Assessments are paid in full!

Features

  • Lobby
  • Elevator
  • Fire Sprinklers
  • Laundry Tub
  • Walk-In Closet(s)
  • Barbeque
  • Open Balcony
  • Ocean View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$4,537

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,756
HOA
$1,781 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Julies Realty, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.