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Waterfront · Condominium
$340,000$337 / sqft
7135 Collins Ave # 621, Miami Beach FL 33141
Listed
1
Bedrooms
2
Bathrooms
1,010 sqft
Interior
1970
Year built
$976 / mo
HOA
Condominium
Type
About this home
Discover the perfect blend of comfort and convenience in this spacious 1-bedroom, 2-bathroom condo with a converted den that serves as a second bedroom. Perfect location! This unit offers 1,010 sq. ft. of living space in the heart of North Beach. Enjoy the vibrant lifestyle with restaurants, shops, and the beach just steps away. The building features 24-hour security, a pool, fitness center, and 1 assigned parking. Recently renovated with hurricane-impact windows and a modernized lobby, this property is an excellent investment opportunity. Don't miss out on owning a piece of Miami Beach paradise!
Features
- Interior Hall
- Walk-In Closet(s)
- Den/Library/Office
- Other
- Intracoastal View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 1
- No Lease-1st Year Owned
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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.