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Waterfront · Condominium
$449,000$377 / sqft
2655 Collins Ave # 603, Miami Beach FL 33140
Listed
1
Bedrooms
2
Bathrooms
1,190 sqft
Interior
1973
Year built
$1,111 / mo
HOA
Condominium
Type
About this home
Wake up steps from the ocean in the heart of Miami Beach. This spacious 1-bedroom plus den residence offers flexibility, natural light, and one of the most walkable locations in Miami Beach. The den can serve as a guest room, home office, or creative space, while the balcony enjoys ocean views and refreshing sea breezes. Residents enjoy resort-style amenities including direct beach access, a heated pool, fitness center, sauna, 24-hour attended lobby, assigned covered parking, visitor parking, additional storage, pet-friendly living, and the unit features impact windows. Just outside your door are the Miami Beach Boardwalk, the Faena District, restaurants, cafés, shopping, and the beachfront lifestyle that makes Miami Beach one of the world’s most desirable destinations. With immediate rental eligibility and a minimum lease term of just 90 days, the property offers exceptional flexibility for both end users and investors seeking a full-time residence, seasonal retreat, or income-producing property. Move-in ready and priced to sell. Opportunities at this price point in the building are rarely available.
Features
- Lobby
- Closet Cabinetry
- Custom Mirrors
- Fire Sprinklers
- Entrance Foyer
- Other
- Pantry
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
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.