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Waterfront · Condominium
$950,000$1,053 / sqft
1623 Collins Ave # 716, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
902 sqft
Interior
1980
Year built
None
HOA
Condominium
Type
About this home
Masterfully reimagined, this stunning 2-bedroom, 2-bathroom Miami Beach residence has been completely renovated with impeccable craftsmanship, timeless design, and modern luxury. The light-filled interior features seamless porcelain tile flooring throughout, while the designer kitchen showcases custom cabinetry, premium appliances, and refined finishes. Every detail has been thoughtfully updated, including new drywall, beautifully renovated bathrooms, and a brand-new washer and dryer, creating a truly move-in-ready home. Ideally located in the heart of Miami Beach, you're just minutes from pristine beaches, world-class dining, luxury shopping, marinas, and vibrant nightlife. Whether you're seeking a primary residence, vacation getaway, or investment opportunity, this exceptional home offers the perfect blend of style, quality, and an unbeatable location.
Features
- First Floor Entry
- Elevator
- Other
- Open Balcony
- Other View
Leasing
- Minimum lease
- Not stated
- Ok To Lease
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.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.