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Waterfront · Condominium
$1,000,000$656 / sqft
6061 Collins Ave # 5F, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,524 sqft
Interior
1982
Year built
$1,702 / mo
HOA
Condominium
Type
About this home
Wake up each morning to breathtaking sunrises over the shimmering Atlantic from this expansive, direct waterfront Miami Beach condo. Spanning over 1,500 square feet, this spacious retreat offers the ultimate in oceanfront living, where every day feels like a getaway. Imagine sipping your morning coffee on your private balcony, the salty breeze and soothing sound of waves setting the tone for your day. Step outside and find yourself just steps from the iconic Miami Beach Boardwalk, perfect for morning jogs, leisurely strolls, or soaking up the lively energy of this world-renowned destination. With pristine sandy beaches right at your doorstep, you’ll experience a lifestyle where relaxation and adventure coexist. Whether you’re sunbathing, swimming, or simply enjoying the view, the ocean is always calling. This condo isn’t just a home, it’s a lifestyle. Perfectly located, you’re minutes from the vibrant energy of South Beach, the upscale elegance of Bal Harbour, and an array of top-tier restaurants, chic hotels, and trendy hotspots. The seamless blend of beachfront tranquility and urban convenience makes this property a rare gem. Don’t miss your chance to own a slice of paradise in the heart of Miami Beach. Oceanfront living awaits!
Features
- Bar
- Elevator
- Fire Sprinklers
- Barbeque
- Courtyard
- Open Balcony
- Ocean View
- Direct Ocean
Leasing
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.