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Condominium
$2,900,000$2,466 / sqft
5775 Collins Ave # 705, Miami Beach FL 33140
Listed
2
Bedrooms
3
Bathrooms
1,176 sqft
Interior
2021
Year built
$3,370 / mo
HOA
Condominium
Type
About this home
Step Inside with Me! 57 Ocean, a premiere Oceanfront building located on Millionaire's Row. This prestigious residence is designer outfitted and offered turnkey furnished. Features floor to ceiling windows, a 12ft deep terrace, and private elevator foyer. The impeccable Poliform kitchen and bathrooms feature marble countertops and Sub Zero/Wolf appliances. 57 Ocean offers world-class amenities with beachside infinity pools, state of the art technology training equipment, medication gardens and library, chef's kitchen, outdoor grill area and Oceanfront Bar!
Features
- Lobby
- Closet Cabinetry
- Elevator
- Entrance Foyer
- Split Bedroom
- Open Balcony
- Bay
- Other View
- Skyline
Leasing
- Minimum lease
- 181 days
- Leases permitted per year
- 2
- Ok To Lease
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.