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Active
Waterfront · Condominium
$300,000$292 / sqft

5005 Collins Ave # 222, Miami Beach FL 33140

1
Bedrooms
1
Bathrooms
1,026 sqft
Interior
1964
Year built
$1,656 / mo
HOA
Condominium
Type

About this home

Spacious 1,026 SF residence at Carriage Club North, offering one of the largest one-bedroom layouts on the ocean in Miami Beach. This unit features an oversized living area, a generous primary suite, and a flexible floor plan that lives like a 1-bed + den — ideal for full-time living, seasonal use, or investment. The building sits directly on the beach with private access to the oceanfront boardwalk. Amenities include a heated pool, fitness center, valet, 24/7 security, front desk, and updated common areas. Maintenance includes A/C, cable, internet, water, and more. Located in the heart of Mid-Beach, minutes from South Beach, Bal Harbour, and the Fontainebleau corridor. A rare opportunity to own a large oceanfront residence at an attractive price point.

Features

  • Lobby
  • First Floor Entry
  • Elevator
  • Fire Sprinklers
  • Exterior Cat Walk
  • Barbeque
  • None

Location

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

Estimated loan & HOA

$3,173

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

Principal & interest
$1,517
HOA
$1,656 / 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
Coldwell Banker Realty

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.