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Waterfront · Condominium
$530,000$546 / sqft
5900 Collins Ave # 1006, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
970 sqft
Interior
1998
Year built
None
HOA
Condominium
Type
About this home
Enjoy ocean views from this east-facing 2-bedroom, 2-bath residence at Grandview, 5900 Collins Avenue #1006 in Miami Beach. Located in a desirable Mid-Beach setting along the Intracoastal, the apartment offers a comfortable layout, abundant natural light, and views toward the Atlantic Ocean. The residence is mostly original, offering a buyer the opportunity to update and personalize the space to their own taste. Its east-facing exposure and ocean view are among the home's strongest features, while Grandview's location offers convenient access to the beach, dining, shopping, and the rest of Miami Beach. Grandview amenities include a swimming pool, fitness center, covered gated parking, valet service, and dockage along the Intracoastal. The building has also recently completed its concrete restoration, an important improvement for buyers evaluating long-term ownership and building condition. With its ocean view, Intracoastal setting, dockage, covered parking, and central Mid-Beach location, Residence 1006 offers a strong combination of location, amenities, and renovation potential in Miami Beach.
Features
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Ocean View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
- 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.
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 in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.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.