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Waterfront · Condominium
$409,000$496 / sqft
5701 Collins Ave # 1007, Miami Beach FL 33140
Listed
1
Bedrooms
2
Bathrooms
824 sqft
Interior
1969
Year built
$1,385 / mo
HOA
Condominium
Type
About this home
A must-see, priced to sell! Welcome to this spacious and bright 1-bedroom residence with 2 full bathrooms at Arlen Beach Condo, in the heart of Miami Beach's famous Millionaires' Row. Enjoy lovely views of Collins Avenue and the Intracoastal Waterway, with interiors that offer an inviting canvas for modern updates and your personal style. The sale includes one assigned parking space and one small assigned storage cage. This full-service oceanfront building offers a movie theater, fitness center, 24/7 front desk and valet service, heated pool, beach and pool service, library, on-site restaurant and beauty salon, party/community room, billiards, BBQ area, and sauna; a kids playroom is currently under construction. Included utilities and services: water, sewer, cable, internet/Wi-Fi, and pest control. The building's beautiful and stylish common areas were renovated several years ago. This well-managed community has passed its 50-year recertification and has a strong history of financial management and property maintenance. This is a wonderful opportunity to enjoy beachfront living and make a home your own. Come enjoy sunny beach days, relaxing evenings on the open balcony, and the welcoming lifestyle of this oceanfront community!
Features
- Other
- East Of Us1
- Open Balcony
- Intracoastal View
- Other View
- Water View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
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.