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Condominium at 1255 Collins Ave # 208, Miami Beach FL 33139Active
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Condominium
$295,000$505 / sqft

1255 Collins Ave # 208, Miami Beach FL 33139

1
Bedrooms
1
Bathrooms
584 sqft
Interior
1965
Year built
$626 / mo
HOA
Condominium
Type

About this home

Perfectly positioned in the heart of South Beach, this well-maintained beach residence offers the ideal blend of location, convenience, and privacy. Just steps from the Beach, world-famous Ocean Drive, Lummus Park, top-rated restaurants, cafés, shopping, and nightlife, you’ll enjoy everything Miami Beach has to offer right outside your door. Located within a secure gated community, this bright and inviting residence features the added privacy that come with a desirable corner-unit location. The property also includes ONE assigned parking space—a rare and highly sought-after amenity in South Beach—providing convenience and peace of mind for residents and guests alike. Whether you’re seeking a primary residence, vacation retreat, or investment opportunity, this exceptional South Beach condo delivers the best of Miami Beach living in an unbeatable location.

Features

  • Lobby
  • Second Floor Entry
  • Elevator
  • Other View
  • None

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$2,118

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,492
HOA
$626 / 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.

Courtesy of
London Foster Realty

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.

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 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.