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5601 Collins Ave # 622, Miami Beach FL 33140
About this home
Experience the pinnacle of coastal luxury living in this absolutely remodeled, turnkey oceanfront residence on prestigious Collins Avenue. This pristine unit has been masterfully converted into a sophisticated 1-bedroom and a complete versatile interior room and two beautifully appointed full bathrooms. No expense was spared in the upscale finishes, offering a seamless blend of modern elegance and beachside comfort. Wake up to dynamic views of Collins Avenue and step right out onto the sand and beach walk. Designed for the discerning buyer, this property comes fully turnkey—ready for you to move right in or immediately start generating income. Whether you are looking for a private luxury oasis or a high-performing addition to your investment portfolio, this building features a highly lucrative rental program that maximizes ROI. Enjoy unbeatable proximity to Miami Beach’s finest dining, shopping, and nightlife. A true coastal gem and an absolute must-see! Special assessment: $195.94 till 10/28, $250.78 till 12/39 and $169.21 till 7/38. Total monthly $1843.08
Features
- No Interior Features
- Open Balcony
- Intracoastal View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,857
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.