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Waterfront · Condominium
$8,500,000$1,708 / sqft
5801 Collins Ave, Miami Beach FL 33140
Listed
5
Bedrooms
7
Bathrooms
4,977 sqft
Interior
2002
Year built
None
HOA
Condominium
Type
About this home
Exquisite, full floor penthouse with a private rooftop and infinity pool, plus a cabana with bathroom at amenities level of Villa Di Mare - a boutique, full-service building with only 12 residences, one unit per floor. Private elevator opens inside an elegant foyer and luxurious interiors with expansive living room, gourmet kitchen, formal dining, and media room. Oceanfront primary suite with 2 spa-like marble baths, 4 guest bedrooms with en-suite baths and closets, 4 wraparound terraces, and panoramic views from east to west, ocean to intracoastal, sunrises and sunsets as a backdrop from everywhere. Entertain on top of the Atlantic Ocean on your very own rooftop with over 925-SF, an infinity pool, summer kitchen, and abundance of dining and lounge areas. Building amenities include private beach access, heated pool, fitness room, and 24-hour security.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Elevator
- Pantry
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Barbeque
- Open Balcony
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 5-bed rentals in Miami Beach, from 5 active listings; the middle half ask $30,000–$100,000.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.