720 Collins Ave # 204, Miami Beach FL 33139
About this home
Miami Beach Condo for Sale! Located in the heart of South Beach. Live the South Beach lifestyle in this Beautiful 1-bedroom 1-bathroom condo located just 2 blocks from the beach and iconic Ocean Drive. This Condo provides excellent natural light and a spacious feel. Situated within walking distance to Lincoln Road, Whole Foods, and all the best that South Beach has to offer. Secure building with intercom entry and on-site laundry. Easy to show. Ideal for end-users or investors — can be rented right away. Come put your toes in the sand and live it up!. Please note, some of the images in this listing have been virtually staged.
Features
- Walk-In Closet(s)
- East Of Us1
- Other
- Open Balcony
- Other View
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,340
- HOA
- $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.