All listings
Pending
Pending1 / 28
Photo 1 of 28
Waterfront · Condominium
$319,000$532 / sqft
2899 Collins Ave # 521, Miami Beach FL 33140
Listed
1
Bedrooms
1
Bathrooms
600 sqft
Interior
1966
Year built
$440 / mo
HOA
Condominium
Type
About this home
(NO SPECIAL ASSESSMENTS) !! Fantastic 1BD condo with ocean views from a private balcony in an unbeatable Mid-Beach location next to the EDITION Hotel. Located directly on the beach and boardwalk in the heart of the Faena District, Triton Tower offers oceanfront access, two heated pools, a fitness center, 24-hour security, complimentary beach chairs and umbrellas, plus on-site restaurants and a grocery store. The building recently completed a multimillion-dollar 50-year recertification and maintains partial reserves, while offering one of the lowest association fees in the area ($440 monthly)!! Parking is available for rent through an easy-to-work-with association. The unit features hurricane-impact windows and a spacious walk-in closet large enough to double as an office or nursery. Enjoy easy access to South Beach, Lincoln Road, restaurants, theaters, and some of Miami Beach’s most desirable hotels and dining destinations. One of the best values in the building! Check the comps! Easy to show. Don’t miss this opportunity to own your own piece of Miami Beach paradise
Features
- Lobby
- First Floor Entry
- East Of Us1
- Open Balcony
- Ocean View
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.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.