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Waterfront · Condominium
$820,000$581 / sqft
6423 Collins Ave # 1602, Miami Beach FL 33141
Listed
1
Bedrooms
2
Bathrooms
1,412 sqft
Interior
1976
Year built
$1,417 / mo
HOA
Condominium
Type
About this home
Spacious 1-Bedroom Condo with Den – Ready for Your Personal Touch! Discover the potential of this bright and spacious one-bedroom condo featuring a versatile den that can easily serve as a home office or second bedroom. Enjoy the convenience of an in-unit washer and dryer, plus impact windows work already completed for added peace of mind. The maintenance fee includes reserve funds, covered parking, basic cable TV, Wi-Fi, and internet access. Residents can take advantage of an impressive array of amenities, including a swimming pool (Closed for updates), fitness center, billiards room, sauna, BBQ area, and penthouse social room. Pet-friendly for small pets under 20 pounds. The property allows a minimum rental period of four months, with up to three rental periods per year—an attractive option for both homeowners and investors. Additional Bonus: The sellers will pay the remaining balance of the current assessments. Easy to show! Bring your vision and make this spacious condo your own. Schedule your private showing today!
Features
- Other
- Intracoastal View
- Ocean View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 4
- Okay To Lease 1st Year
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 $2,300–$3,850.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.