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Waterfront · Condominium
$1,150,000$639 / sqft
8855 Collins Ave # 5B, Surfside FL 33154
Listed
2
Bedrooms
2
Bathrooms
1,800 sqft
Interior
1994
Year built
$2,270 / mo
HOA
Condominium
Type
About this home
This Oceanfront in Surfside, offers a 2bedroom with 2 full baths with a huge wrap around balcony and breathtaking ocean view.Kitchen with granite tops, wood white cabinets with appliances including a washer and dryer, pantry, large living room and dinning, 3 years old A/C and a year old water heater, double door entry, updated bathrooms with double sink, shower, roman tub in the master with his and hers custom made built in walking closets, 3 sliding doors to balcony with plantation shutters, impact windows and doors and marble floors. Airbnb is not allowed, building offers great amenities like gym, card/game room, club room, BBQ area, pool, jacuzzi, steam room, concierge, valet service and a beautiful lobby, beach access and close to Bal Harbor Shops, restaurants and more. Owner motivated and excellent tenant in place. Available for sowing after the 14th of September.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- French Doors
- Pantry
- Roman Tub
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Ocean View
- Direct Ocean
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 across Miami-Dade, from 200 active listings; the middle half ask $2,300–$4,900.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.