All listings
Pending
Pending1 / 24
Photo 1 of 24
Waterfront · Condominium
$409,000$405 / sqft
7135 Collins Ave # 722, Miami Beach FL 33141
Listed
1
Bedrooms
2
Bathrooms
1,010 sqft
Interior
1970
Year built
$975 / mo
HOA
Condominium
Type
About this home
OCEAN VIEWS from every room! Spacious one-bedroom unit with two full bathrooms, plenty of closets, and extra storage on the same floor. New A/C (July 2025) and Culligan water filtration system. The building has undergone a 30-million-dollar restoration project: concrete restoration and exterior painting, balconies and railings, impact windows and doors, garages, pool, deck, and much more. Association dues include cable, internet, and pest control. Amenities include a gym, game room, social room, 24-hour security, and assigned parking space. For your convenience, washers and dryers on every floor. The Burleigh House is located right on the beach for your enjoyment and close to parks, shops, and restaurants. Ocean views, beautiful unit, amenities-filled building, and location!
Features
- Lobby
- Closet Cabinetry
- Walk-In Closet(s)
- Ocean View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 1
- No Daily Rentals
- No Lease-1st Year Owned
- Renting Limited
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.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.