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Waterfront · Condominium
$419,000$496 / sqft
5555 Collins Ave # 5C, Miami Beach FL 33140
Listed
1
Bedrooms
1
Bathrooms
844 sqft
Interior
1967
Year built
$1,087 / mo
HOA
Condominium
Type
About this home
Enjoy oceanview living on Millionaire’s Row in Oceanside Plaza, the iconic oceanfront condominium designed by renowned architect Morris Lapidus. This updated and spacious 1-bedroom, 1-bathroom residence offers a wonderful opportunity to own a piece of Miami Beach’s architectural history, with beautiful ocean views and the appeal of a true beachfront lifestyle. Located at 5555 Collins Avenue, this celebrated building offers resort-style amenities including a heated oceanfront pool, fitness center, indoor Basketball, indoor racquetball, new beachfront pickleball, beach chair and umbrella service, on-site restaurant Lola, concierge, valet and direct access to the Miami Beach and Boardwalk. With extensive building renovations done and enhancements underway, this is an exciting opportunity to own in one of Miami Beach’s most recognizable oceanfront addresses. Experience the best of coastal living in a prime Millionaire’s Row location, just minutes from the dining, shopping, and entertainment of Miami Beach. Just 15 minutes from Downtown, Brickell, Wynwood, design district Bal Harbour mall and 20-25 Minutes from the Miami Airport.
Features
- Other
- East Of Us1
- Ocean View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
- 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.
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.