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3801 Collins Ave # 1503, Miami Beach FL 33140
About this home
1503 is a rare flow through unit with four balconies defining this immaculate beachfront residence featuring direct Atlantic Ocean views and views of downtown Miami. One-year complete renovation recently completed makes unit 1503 one of the most elegant condos on the market. Arriving home through the private elevator foyer is only the first luxury you will experience in this spacious residence. Professionally designed by Project23 with a modern, Miami chic aesthetic, imported Italian cabinetry and Italian doors. Located in the heart of Miami Beach within the Faena District and near the new Aman Residences and Miami Beach Cipriani Residences currently under construction. Upgrades include: Architectural ceiling and cabinet lighting with LEDs, imported flooring, custom millwork throughout, enlarged closets, and brand-new A/C.
Features
- Lobby
- First Floor Entry
- Closet Cabinetry
- Entrance Foyer
- Other
- Open Balcony
- Direct Ocean
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
- $31,603
- 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.