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Waterfront · Condominium
$629,900$612 / sqft
5161 Collins Ave # 711, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,030 sqft
Interior
1966
Year built
$1,064 / mo
HOA
Condominium
Type
About this home
Exceptional opportunity at Seacoast 5151, a sought-after resort-style oceanfront condominium on prestigious Millionaire’s Row. This spacious residence offers spectacular long-distance Intracoastal views and beautiful sunsets, showcased through a full glass wall and expansive glass balcony. The generous primary suite features a dressing area, walk-in closet, and upgraded bath. The stunning remodeled white kitchen combines style and functionality with Quartz countertops, stainless steel appliances, and an illuminated backsplash. The residence is currently rented yearly to excellent tenants, providing an attractive opportunity for an investor seeking rental income or a buyer looking for a future Miami Beach residence. 30-day rentals are permitted. The low maintenance fee includes A/C, hot water, cable, high-speed internet, reserves, beach club services, and more. Recently remodeled common areas enhance the building’s resort-style appeal. Enjoy direct beach access, complimentary beach service, fitness center, pool, convenience store, valet, and 24-hour security. Pet-friendly. Ideally located near Miami Beach’s finest restaurants, shopping, nightlife, entertainment, and cultural attractions. Enjoy the ultimate Miami Beach lifestyle in one of the area’s most desirable waterfront communities.
Features
- Interior Hall
- Lobby
- First Floor Entry
- Intracoastal View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
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.
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.