All listings
Active
Active1 / 40
Photo 1 of 40
Waterfront · Condominium
$1,350,000$813 / sqft
5600 Collins Ave # 11S, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,660 sqft
Interior
1967
Year built
$1,850 / mo
HOA
Condominium
Type
About this home
Rarely Available, this Turn-Key and Very Desirable “S” line offers breathtaking and unobstructed views of the Intracoastal, La Gorce Golf Course and the Miami Skyline – the sunsets are incredible. This large corner apartment is 1660 SF and has 2 bedrooms and 2 bathrooms with a 185 SF Private Corner Terrace and a Private Waterfront Cabana with a Full Bath (there are only 12 cabanas in the entire building). This apartment has been remodeled throughout and updated with a luxury kitchen that includes contemporary cabinetry, stainless steel appliances, granite countertops and a wine fridge. There is Italian flooring throughout, spacious closets and lots of storage, and a full size washer/dryer. There is also an extensive sound system with sound proof speakers, 1 assigned parking space and 1 storage unit (located on the same floor). The building has recently undergone and completed all the renovations to pass its 40-year recertification in 2025. All assessments have been paid by the seller. There is now a new gym, waterfront restaurant, pool, lobby, community room, at home work spaces and more. There is also a marina and you can rent boat slips up to 50’ from the association. Management is on-site and there is 24/7 front desk and security, plus valet for your guest. Contact me for any more information or to set up an appointment to see this unit.
Features
- Built-in Features
- Walk-In Closet(s)
- Bay
- Intracoastal View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Okay To Lease 1st Year
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.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.