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Waterfront · Condominium
$645,000$542 / sqft
5600 Collins Ave # 14W, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,190 sqft
Interior
1967
Year built
$1,455 / mo
HOA
Condominium
Type
About this home
Located along Miami Beach’s iconic Millionaire’s Row, Residence 14W at 5600 Collins Avenue offers a refined coastal retreat just across from the beach. This renovated 2-bedroom, 2-bathroom residence spans 1,190 square feet, with porcelain flooring throughout, generous living and dining spaces, and views of the Atlantic Ocean framed between neighboring beachfront buildings. The kitchen features stainless steel Whirlpool appliances, while an in-unit washer and dryer add everyday convenience. Both bathrooms were remodeled approximately two years ago. A private balcony extends the living space outdoors, offering ocean views and a connection to the surrounding Mid-Beach landscape. One assigned parking space and a private storage locker are included. Residents of 5600 Collins enjoy a bayfront pool, marina, fitness center, on-site dining, and 24-hour concierge service. Ideally positioned near Bal Harbour Shops, South Beach, and Miami Beach’s celebrated dining and cultural destinations.
Features
- Walk-In Closet(s)
- Open Balcony
- Ocean View
Leasing
- Minimum lease
- 31 days
- Leases permitted per year
- 12
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.
Location
Approximate — shows the building, not the unit. Open in maps
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 $3,600–$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.