All listings
Active
Active1 / 40
Photo 1 of 40
Waterfront · Condominium
$1,485,000$750 / sqft
5757 Collins Ave # 1005, Miami Beach FL 33140
Listed
3
Bedrooms
3
Bathrooms
1,980 sqft
Interior
1991
Year built
$2,605 / mo
HOA
Condominium
Type
About this home
DIRECT OCEANFRONT LIVING! Enjoy breathtaking, unobstructed ocean views from this beautiful Southeast Corner Residence at the renowned L’Excellence Condominium on Miami Beach’s iconic Millionaire’s Row. Offering nearly 2,000 SF of air-conditioned living space, plus 3 private balconies, this spacious residence brings the beauty of the Atlantic Ocean right to your doorstep. Features include elegant marble flooring, a formal entry foyer and generous closet space. Enjoy an exceptional beachfront lifestyle with direct beach and boardwalk access, lap and recreational pools, Jacuzzi, spa, state-of-the-art fitness center, BBQ and picnic area, kids’ playroom, 24-hour security, and complimentary beach service with 2 chairs and an umbrella. Includes 1 deeded garage parking space plus valet parking. Ideally located just minutes from the upscale shopping and dining of Bal Harbour. Experience the best of oceanfront living!
Features
- First Floor Entry
- Elevator
- Split Bedroom
- East Of Us1
- Open Balcony
- Ocean View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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.