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Active
Condominium
$1,299,000$935 / sqft

2457 Collins Ave # 1603, Miami Beach FL 33140

2
Bedrooms
3
Bathrooms
1,389 sqft
Interior
1983
Year built
$1,290 / mo
HOA
Condominium
Type

About this home

A Rare Opportunity on the World's Most Famous Beach Wake up every morning to unobstructed Atlantic Ocean views from your private balcony on the 16th floor. Unit 1603 at 2457 Collins Ave places you directly on Miami Beach's iconic shoreline — where the turquoise waters, white sand, and endless sunshine are not just a backdrop, but your everyday reality. This fully renovated residence is a masterclass in modern coastal luxury. Featuring bespoke terrazzo finishes, custom warm-wood cabinetry, sleek black appliances, and marble-look porcelain floors throughout, every detail has been thoughtfully curated. The open-concept living and dining area flows seamlessly to the balcony, blurring the line between indoors and out. The primary suite offers direct ocean views, a private balcony, and a spa-inspired en-suite bath with a glass-enclosed shower and city views. Step outside and you're steps from the sand, the pool, and the vibrant energy of South Beach. World-class dining, art galleries, nightlife, and the boutiques of Lincoln Road are all within minutes. Whether you're seeking a primary residence, a vacation retreat, or a high-performing short-term rental investment, Unit 1603 delivers the full Miami Beach lifestyle.

Features

  • Interior Hall
  • Other
  • Open Balcony
  • Water View

Estimated loan & HOA

$7,858

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$6,568
HOA
$1,290 / 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.

Courtesy of
Flat Fee MLS Realty

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.

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 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.