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Waterfront · Condominium
$514,900$491 / sqft
5555 Collins Ave # 15W, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,048 sqft
Interior
1967
Year built
$1,350 / mo
HOA
Condominium
Type
About this home
Spacious and remodeled 2-bedroom, 2-bath residence at Oceanside Plaza in Miami Beach, offering 1,048 SF of living space with beautiful water views. Located on the 15th floor, this bright unit features a functional layout, including a primary suite with walk-in closet. Enjoy resort-style living in a full-service oceanfront building with direct beach access, pool, fitness center, and 24-hour security. Prime Collins Avenue location just minutes from shops, restaurants, and entertainment. Excellent opportunity for end-users or investors.
Features
- Lobby
- First Floor Entry
- Elevator
- Walk-In Closet(s)
- Courtyard
- Open Balcony
- Intracoastal View
- Skyline
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
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 $3,595–$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.