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Condominium
$325,000$815 / sqft
751 Collins Ave # 3, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
399 sqft
Interior
1952
Year built
$502 / mo
HOA
Condominium
Type
About this home
A rare opportunity in the heart of South Beach! This beautifully renovated studio is located in an intimate boutique condominium of only 7 residences, directly on iconic Collins Avenue and just steps from the beach. Bright, stylish and move-in ready, the residence features a renovated bathroom, in-unit washer and dryer, and a comfortable, functional layout ideal as a Miami Beach pied-à-terre, vacation home or income-producing property. Airbnb is allowed, offering exceptional flexibility for owners looking to enjoy the property while taking advantage of South Beach’s strong year-round rental demand. The building successfully completed its 50-Year Recertification in 2025 and offers an attractive HOA of only $502 per month. The location is hard to beat: walk to the beach, markets, cafés, bars and some of Miami Beach’s best restaurants, with convenient public garage parking nearby. Units 1 and 2 are also available for sale, creating a unique opportunity for investors interested in acquiring multiple residences within the same boutique building. A charming Miami Beach property that works just as beautifully as a personal getaway as it does an investment.
Features
- Second Floor Entry
- None
- Ocean View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- 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.
Location
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 studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,800–$3,000.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.