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Waterfront · Condominium
$818,000$588 / sqft

5900 Collins Ave # 408, Miami Beach FL 33140

3
Bedrooms
2
Bathrooms
1,390 sqft
Interior
1998
Year built
$2,226 / mo
HOA
Condominium
Type

About this home

Beach Living at Its Best! Large Corner Unit 3 Bed/2 Bath with 1,390 Sq Ft and Breathtaking Intracoastal & City Views Facing East, North & West — Enjoy Spectacular Sunrises and Sunsets from 3 Wraparound Balconies. Private Coded Elevator Opens to Your Own Foyer. Bright and Spacious Layout with Abundant Natural Light and Floor-To-Ceiling Windows. Marble & Bamboo Flooring Throughout. Second Bathroom Features a New Shower. Open Kitchen with Granite Countertops and Window Facing the Water. New Stove & Dishwasher. Large Dining Area and Spacious Living Room Perfect for Entertaining. Primary Suite Features Large Walk-In Closets, Double Sinks, and Whirlpool Tub. Washer & Dryer inside the Unit. Full-Service Amenity Building Offering 24/7 Security, Gym, Pool, Rooftop Deck on the 18Th Floor, Jacuzzi, Sauna, Valet, and Beach Access Directly across the Street. Located on Famous Millionaire's Row across from the Ocean.

Features

  • First Floor Entry
  • Walk-In Closet(s)
  • Other
  • Open Balcony
  • Intracoastal View
  • Other View

Location

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

Estimated loan & HOA

$6,362

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

Principal & interest
$4,136
HOA
$2,226 / 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
London Foster 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.