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Condominium
$439,900$448 / sqft
2924 Collins Ave # 301, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
982 sqft
Interior
1980
Year built
$703 / mo
HOA
Condominium
Type
About this home
OCEAN VIEW PLAZA - 3rd FLOOR CORNER UNIT WITH TWO BALCONIES / EAST and NORTH EXPOSURES * * * GREAT and SPACIOUS CORNER UNIT LOCATED DIRECTLY ACROSS FROM THE OCEAN and THE NEW PEDESTRIAN WALK-WAY. 2 BED / 2 BATHROOM UNIT SPLIT FLOOR PLAN WHICH IS EXTREMELY SPACIOUS AND THE UNIT ALSO HAS TWO LARGE BALCONIES. ** BUILDING HAS LAUNDRY ROOM LOBBY FLOOR, SECURED ENTRY AND GATED COVERED PARKING. WALKING DISTANCE TO TONS OF EATERIES, STORES, PUBLIC TRANSPORTATION AND WALKING DISTANCE TO LINCOLN ROAD and SOUTH BEACH. NEXT DOOR TO STARBUCKS COFFEE! ACROSS FROM THE BUILDING YOU HAVE THE NEW PEDESTRIAN WALK-WAY and BEACH!! - ONE PARKING SPACE ASSIGNED. ** ACROSS STREET YOU HAVE RESTAURANT, SUBWAY, CAFE/BAKERY, SUPERMARKET and MOTECK. TENANT OCCUPIED - SHOWING WITH APPTM AMPLE TIME.
Features
- Pantry
- Open Balcony
- Garden View
- Other View
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 1
- No Daily Rentals
- Ok To Lease
- 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.
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.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.