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Waterfront · Condominium
$495,000$528 / sqft
5005 Collins Ave # 616, Miami Beach FL 33140
Listed
1
Bedrooms
2
Bathrooms
938 sqft
Interior
1964
Year built
$1,660 / mo
HOA
Condominium
Type
About this home
Enjoy breathtaking direct ocean and resort-style swimming pool views from this beautifully furnished and spacious residence at 5005 Collins Avenue. Offering a generous layout with 2 bedrooms and 1.5 bathrooms, this home is located in a luxury, well-maintained oceanfront building in the heart of Miami Beach. This beautifully furnished condominium features a bright and inviting interior with comfortable living spaces designed for beachside living. The open layout, abundant natural light, and spectacular views create the perfect blend of comfort and coastal elegance. Residents enjoy an exceptional array of resort-style amenities, including direct beach access, a beachfront swimming pool, fitness center, concierge and valet services, 24-hour security, and beautifully maintained common areas. Ideally located on prestigious Collins Avenue, you'll be just minutes from Bal Harbour Shops, world-class dining, luxury shopping, entertainment, and the vibrant nightlife of South Beach. Whether you're looking for a full-time residence, a seasonal getaway, or an excellent investment opportunity, this furnished Miami Beach condominium offers the ultimate South Florida lifestyle.
Features
- Interior Hall
- Lobby
- Elevator
- Shabbat Elevator
- Other
- Pantry
- Stacked Bedroom
- Florida Room
- Garden View
- Ocean 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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.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.