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Waterfront · Condominium
$570,000$509 / sqft

5401 Collins Ave # 107, Miami Beach FL 33140

2
Bedrooms
2
Bathrooms
1,120 sqft
Interior
1967
Year built
$1,700 / mo
HOA
Condominium
Type

About this home

Experience oceanfront living on Miami Beach’s prestigious Millionaire’s Row at The Carriage House. This spacious 2-bedroom, 2-bath residence features a split floor plan, ocean views from the largest balcony line in the building—creating an exceptional outdoor living space for relaxing, entertaining, and enjoying the ocean views. A tremendous value for buyers, all current special assessments totaling over $70,000 will be paid in full by the seller, providing a clean financial slate from day one. The residence features hurricane-impact windows, recessed lighting, floor-to-ceiling sliding glass doors connecting both the living room and primary suite to the expansive balcony, a walk-in closet, and updated bathrooms featuring floor-to-ceiling marble tile & stone countertops. The convenient first-floor location offers effortless access to the beach, pool, gym, tennis courts & other resort-style amenities without relying on elevators. Residents enjoy direct beach and boardwalk access, oceanfront pool and jacuzzi, complimentary pool and beach service, ocean-view gym, tennis, racquetball, basketball, valet, on-site restaurant, convenience store, BBQ area, 24-hour concierge & security and a synagogue. Ideally located in the heart of Miami Beach, just minutes from world-class dining, shopping, entertainment, Bal Harbour & South Beach. Don’t miss this opportunity & schedule your private showing today.

Features

  • First Floor Entry
  • Custom Mirrors
  • Shabbat Elevator
  • Pantry
  • Split Bedroom
  • Walk-In Closet(s)
  • Open Balcony
  • Tennis Court(s)
  • Ocean View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$4,582

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

Principal & interest
$2,882
HOA
$1,700 / 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
Compass Florida, LLC

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.