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Waterfront · Condominium
$1,195,000$2,197 / sqft
4391 Collins Ave # 1605, Miami Beach FL 33140
Listed
0
Bedrooms
1
Bathrooms
544 sqft
Interior
2008
Year built
$937 / mo
HOA
Condominium
Type
About this home
Located at the iconic Fontainebleau Resort. This lovely Jr Suite offers breathtaking views of the ocean with north and east views from a private balcony with unlimited views of the hotel pool and grounds. Unit includes turnkey furnishings with a king bed plus a sleeper sofa for additional guests. The Fontainebleau Resort offers fantastic restaurants located off the breathtaking pool surrounded by cabanas on the 22 oceanfront acres in Miami Beach, & notable fine-dining restaurants, a fabulous artisanal bakery & gelato cafe, a legendary bar situated in the main hotel lobby, shops, & so much more. Owner has the option of placing the property in the Hotel Program as income property. Owners enjoy access to Lapis Spa, amenities that include a private lounge exclusively for owners.
Features
- First Floor Entry
- Fire Sprinklers
- Entrance Foyer
- Open Balcony
- Ocean View
- Pool Area View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
- 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 studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,800–$3,000.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.