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Waterfront · Condominium
$80,000,000$15,965 / sqft
2901 Collins Ave # 1602, Miami Beach FL 33140
Listed
4
Bedrooms
6
Bathrooms
5,011 sqft
Interior
2014
Year built
None
HOA
Condominium
Type
About this home
Also for rent at $150,000 a month. Enjoy breathtaking direct ocean and sunset views in this spectacular triplex penthouse with over 5,200 SF. Situated atop The Miami Beach Edition, this residence boasts 20ft floor to ceiling glass, a private rooftop with outdoor summer kitchen & a 36ft rooftop swimming pool. The main level terrace runs along the entire length of the first floor. Custom kitchen by Bulthaup w/ Gaggenau & Subzero. Formal dining room, cozy family room, and elegant junior master suite w/ envious views. The second floor has two guest suites and a primary suite with its own sitting area, fireplace, & private balcony. The Master includes a his & hers steam shower & freestanding soaking tub overlooking the ocean. Enjoy access to all the services & amenities at The Edition.
Features
- First Floor Entry
- Barbeque
- Open Balcony
- Ocean View
- Direct Ocean
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 1
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 4-bed rentals in Miami Beach, from 12 active listings; the middle half ask $45,000–$60,000.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.