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Condominium at 750 Collins Ave # 306, Miami Beach FL 33139Active
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Condominium
$425,000$694 / sqft

750 Collins Ave # 306, Miami Beach FL 33139

2
Bedrooms
1
Bathrooms
612 sqft
Interior
1935
Year built
$466 / mo
HOA
Condominium
Type

About this home

Rare opportunity to own a legal short-term rental property in the heart of South Beach. One of the few buildings that allows daily rentals without being a condo-hotel, allowing owners to keep 100% of their rental income with no mandatory management program or revenue split. This bright top-floor corner unit at The Empire Condo offers 2 bedrooms, 1 fully renovated bathroom, a kitchenette, spacious living/dining area, and a large walk-in closet. Ideally positioned facing Collins Avenue, you're just steps from the beach, cafés, restaurants, nightlife, boutique shopping, and a public parking garage. Recent owner improvements include a new air handler (2023), a complete designer bathroom renovation (2025), and nearly $10,000 invested in new luxury flooring and baseboards (2025). Additional features include updated kitchen finishes and abundant natural light throughout. Whether you're looking for a high-performing investment, vacation home, or full-time residence, this turnkey property offers an unbeatable South Beach location with exceptional income potential and true short-term rental flexibility.

Features

  • Interior Hall
  • Elevator
  • None
  • Other View

Location

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

Estimated loan & HOA

$2,615

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

Principal & interest
$2,149
HOA
$466 / 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
Coldwell Banker 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.