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Waterfront · Condominium
$1,420,000$2,898 / sqft
2201 Collins Ave # 302, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
490 sqft
Interior
2009
Year built
$2,236 / mo
HOA
Condominium
Type
About this home
Exceptional investment opportunity at 2201 Collins Avenue, an iconic oceanfront address in the heart of Miami Beach. Formerly W South Beach, this landmark luxury property is preparing for its transformation into Waldorf Astoria, introducing an exciting new chapter of elevated hospitality and planned enhancements. This beautifully appointed residence offers partial ocean views from its private balcony and access to an exceptional collection of resort amenities, including direct beach access, swimming pools, spa, fitness facilities, and exclusive owners’ amenities. Already renovated and elegantly furnished, the residence offers flexibility for its next owner, including the opportunity to participate in the upcoming renovation program or retain its existing interiors, subject to applicable requirements. Owners also enjoy the flexibility to participate in the hotel rental program or engage an independent third-party operator, subject to applicable agreements and regulations. With an established income-generating history, an irreplaceable beachfront location, and the anticipated Waldorf Astoria transformation, this residence represents a distinctive opportunity for both lifestyle buyers and discerning investors.
Features
- Lobby
- Built-in Features
- Custom Mirrors
- Elevator
- Fire Sprinklers
- Open Balcony
- Garden View
- Ocean View
- Other View
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 $1,850–$3,300.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.