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5775 Collins Ave # 506, Miami Beach FL 33140
About this home
57 Ocean. NEW Listing! Incredible Opportunity Brand New Ultra-Luxury Condo For Sale. 2 Bedrooms and 2 Bathrooms Ocean and Bay views on the sands of Iconic Millionaire's Row, Miami's most beautiful and exclusive stretch of beachfront. A boutique building housing just 69 residences. Designed by renowned architecture firm Arquitectonica. Luxury Italian kitchens and bathrooms by Poliform featuring marble countertops, waterfall island, Sub-Zero refrigerator, and Wolf cooking appliances. Master Bedrooms with ensuite Master Bathroom with terrace access and powder room. Master Bathrooms feature natural stone floors and wall tiling. 1 Valet parking space, Poolside bar and social lounge with stunning oceanfront views, along with Butler services throughout the building.
Features
- Elevator
- Entrance Foyer
- Other
- Den/Library/Office
- Bay
- Ocean View
- Direct Ocean
- Skyline
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $17,698
- HOA
- $3,654 / 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.
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.
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.