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Waterfront · Condominium
$515,000$536 / sqft
5225 Collins Ave # 1117, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
960 sqft
Interior
1962
Year built
$1,808 / mo
HOA
Condominium
Type
About this home
Totally remodeled, 11th floor, south side, ocean view, city skyline view, Biscayne Bay views, high end appliances, beautifully finished. The Alexander All-Suite Oceanfront resort offers two swimming pools, poolside oceanfront bar & grill, valet parking, concierge, maid service, washer & dryer inside the unit, beach service, boardwalk, etc. Maintenance fees include electricity, cable, wi-fi, air conditioning, heat, pest control, beach lounge chairs and umbrella, etc. Washer & dryer inside the apartment. Daily rentals are permitted. Hotel rental program is optional and available for owners who desire to rent when not using the apartment.
Features
- Lobby
- First Floor Entry
- Closet Cabinetry
- Shabbat Elevator
- Fire Sprinklers
- Entrance Foyer
- French Doors
- Walk-In Closet(s)
- Open Balcony
- Bay
- Ocean View
- Water View
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.