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Waterfront · Condominium
$1,300,000$1,182 / sqft
4779 Collins Ave # 2906, Miami Beach FL 33140
Listed
1
Bedrooms
2
Bathrooms
1,100 sqft
Interior
2000
Year built
$1,533 / mo
HOA
Condominium
Type
About this home
Stunning remodeled 1-bedroom + den, 2-bath residence at the sought-after Blue Diamond Condominium. Designed for comfort and entertaining, the spacious open layout connects the living and dining areas, eat-in kitchen, and primary suite to an expansive terrace overlooking breathtaking Intracoastal, Bay, and Miami skyline views. The highly desirable den offers flexibility and can be converted to a second bedroom. The oversized primary suite includes a spacious walk-in closet and a luxurious en-suite bathroom with Jacuzzi tub, separate shower, and dual vanities. Floor-to-ceiling glass windows bathe the residence in natural light. Building offers 1st class amenities: 24hr security, valet, concierge, tennis court, pool/hot tubs, café/market w/ room service, 16,000 sf clubhouse/spa, gym, personal trainers, party room, children’s playroom, billiards, business center, beach attendant and more.
Features
- First Floor Entry
- Walk-In Closet(s)
- Den/Library/Office
- Open Balcony
- Bay
- Intracoastal View
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
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 $2,350–$4,500.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.