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Waterfront · Condominium
$495,000$600 / sqft
5701 Collins Ave # 319, Miami Beach FL 33140
Listed
1
Bedrooms
2
Bathrooms
825 sqft
Interior
1969
Year built
$1,385 / mo
HOA
Condominium
Type
About this home
Wake up to the Atlantic. This beautifully renovated 1 bedroom, 1.5 bath residence at Arlen Beach delivers direct ocean views from both the living room and the primary bedroom, framed by swaying palms right at the water's edge. Step onto your private balcony and take in the sand, the surf, and the sunrise. Inside, every finish is current and move-in ready. The open kitchen features high-gloss cabinetry, a quartz waterfall peninsula, and stainless appliances, flowing into a bright living space anchored by a sleek linear fireplace. Both baths are fully updated with porcelain, LED mirrors, and a spa-style marble walk-in shower. A generous walk-in closet and brand-new AC complete the package. Offered fully furnished for a seamless turnkey sale. Arlen Beach is an oceanfront building that has completed its 40 and 50 year recertification, giving you true peace of mind. Resort amenities include a beachfront heated pool, direct beach service, on-site restaurant, renovated gym, theater, billiards, and a stunning modern lobby. All directly on the sand in the heart of Mid-Beach's Millionaire's Row, minutes from South Beach and Bal Harbour. Live the oceanfront lifestyle you have been waiting for. Schedule your private showing today.
Features
- Walk-In Closet(s)
- Open Balcony
- Ocean View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 2
- No Lease-1st Year Owned
- 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.
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 $2,300–$3,850.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.