5445 Collins Ave # 928, Miami Beach FL 33140
About this home
Renovated oceanfront studio at Castle Beach Club with the balcony on Millionaire’s Row with no rental restrictions. Ideal for short-term rentals/Airbnb or personal use. Features tile flooring, ocean views, and resort-style amenities including direct beach access, pool, gym, valet, spa, Turkish bath, and 24/7 security. Prime Miami Beach location minutes from South Beach, Bal Harbour Shops, and Lincoln Road. Excellent investment opportunity with strong income potential. Portfolio of Six units can be sold together for $2.4mln 1730, 1232, 1424, 928, 724, and 1203
Features
- Fire Sprinklers
- Other
- None
- Ocean View
- Direct Ocean
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,149
- HOA
- $873 / 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.
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.
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.