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Waterfront · Townhouse
$415,000$483 / sqft
5401 Collins Ave # 339, Miami Beach FL 33140
Listed
1
Bedrooms
2
Bathrooms
860 sqft
Interior
1967
Year built
$1,350 / mo
HOA
Townhouse
Type
About this home
Own a beachfront townhouse in Miami Beach! This exclusive two-story residence at The Carriage House offers the perfect blend of luxury and comfort. The ground floor features a spacious living area with marble floors, a sophisticated Italian cedar wood kitchen, a dining space, and a half bathroom for convenience. Upstairs, you'll find a primary bedroom, a den perfect for an office or guest room, a full bathroom, and a balcony with a partial ocean view. This oceanfront condo offers direct beach access, a pool, gym, tennis court, restaurant, valet parking, and 24/7 security. Ideally located on Collins Ave, just minutes from South Beach, Bal Harbour, and Miami's top attractions. Don't miss this incredible opportunity to invest or live in one of the most exclusive areas by the ocean!
Features
- Interior Hall
- First Floor Entry
- Den/Library/Office
- Tennis Court(s)
- Ocean View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- 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.
Location
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 across Miami-Dade, from 21 active listings; the middle half ask $1,600–$2,380.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.