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Waterfront · Condominium
$1,490,000$641 / sqft
5255 Collins Ave # 11E, Miami Beach FL 33140
Listed
2
Bedrooms
3
Bathrooms
2,324 sqft
Interior
1963
Year built
$3,570 / mo
HOA
Condominium
Type
About this home
Wake up to breathtaking, unobstructed, direct ocean views. This rarely available 2-bedroom + den is one of the most desirable lines in the building, offering an expansive open layout filled with natural light through walls of windows that seamlessly bring the endless blue waters of the ocean into every living space. Every room enjoys spectacular ocean views, creating a seamless connection between the indoors and the beauty of Miami Beach. The oversized living and dining areas are perfect for entertaining or simply relaxing while taking in the panoramic views. The renovated kitchen features premium appliances, custom cabinetry, and generous counter space. The spacious primary suite offers a walk-in dressing room, marble bathroom. Hurricane impact windows. Enjoy resort-style beachfront living with direct beach access, including 2 chairs & 1 umbrella already set up. Additional amenities include a pool, fitness center, 24hr concierge, valet parking, assigned storage on floor & 1 assigned garage parking space. Pet friendly bldg. MAINTENANCE INCLUDES ALL UTILITIES.
Features
- Walk-In Closet(s)
- Den/Library/Office
- Storage
- Utility Room/Laundry
- Barbeque
- Ocean View
- Direct Ocean
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
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–$9,900.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.