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Condominium
$428,000$665 / sqft
7326 Collins Ave # 208, Miami Beach FL 33141
Listed
2
Bedrooms
1
Bathrooms
644 sqft
Interior
1940
Year built
$670 / mo
HOA
Condominium
Type
About this home
Exceptional income-producing opportunity in the heart of North Beach. This fully furnished 2-bedroom, 1-bathroom condo is ideally located just one block from the beach and allows short-term rentals (Airbnb/Vrbo), offering immediate revenue potential from day one. The unit is turnkey and ready to operate, featuring a functional layout, bright living spaces, and comfortable accommodations that appeal to both vacationers and longer-term guests. Its prime location on Collins Avenue ensures consistent demand, with walking access to the beach, restaurants, cafés, and everyday conveniences. Situated in a secure, professionally managed building with controlled access, keypad entry, and surveillance, providing peace of mind for both owners and guests. North Beach continues to see strong growth and city investment, making this an attractive option for investors seeking appreciation and cash flow. With proximity to South Beach, Bal Harbour, Aventura, and Wynwood, this property benefits from year-round tourism and high rental demand. Ideal for investors looking to capitalize on Miami Beach’s thriving short-term rental market, while also offering flexibility for personal use.
Features
- Second Floor Entry
- Elevator
- None
- Other View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Ok To Lease
- 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.