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Condominium at 5225 Collins Ave # 603, Miami Beach FL 33140Active
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Waterfront · Condominium
$810,000$675 / sqft

5225 Collins Ave # 603, Miami Beach FL 33140

2
Bedrooms
2
Bathrooms
1,200 sqft
Interior
1962
Year built
$2,261 / mo
HOA
Condominium
Type

About this home

Welcome to this bright and modern residence at The Alexander, located on the south side of the building with sun all day. The home features an open living and dining area, a contemporary kitchen with island seating, and a private balcony overlooking the pool and ocean. The primary bedroom offers generous closet space and an en-suite bathroom, while the second bedroom has a full closet with a bathroom located across the hall. Additional features include an in-unit washer and dryer and tile floors throughout. Residents enjoy a direct beachfront location on Collins Avenue with easy access to the ocean, perfect for morning walks or taking your bike along the boardwalk. Resort-style amenities at The Alexander include two outdoor pools, an on-site restaurant and poolside bar, a fitness center with sauna, spa services, beach service, and valet parking. Owners have the flexibility to participate in the hotel rental program or rent the unit privately, offering an excellent opportunity for both personal use and income potential. A relaxed, welcoming home with every convenience at your doorstep.

Features

  • Other
  • Open Balcony
  • Ocean View
  • Pool Area View
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$6,357

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$4,096
HOA
$2,261 / mo

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.

Courtesy of
Compass Florida, LLC

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.

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 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.