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Waterfront · Condominium
$795,000$546 / sqft
7135 Collins Ave # 705, Miami Beach FL 33141
Listed
2
Bedrooms
2
Bathrooms
1,455 sqft
Interior
1970
Year built
$1,414 / mo
HOA
Condominium
Type
About this home
Spectacular ocean and city views from this completely remodeled 2 bedroom,2 baths unit with the potencial to become 3 bedroom or an office, a delight to work in if you work from home. The property is within walking distance to Publix, pharmacies, Banks, trendy restaurants and entertainment areas. Complemented by a Boardwalk that extends from Bal Harbour to the South. The building has gone through an extensive renovation process with a beautifully oceanfront brand new pool and deck, impact windows and doors and are in the process of finishing installing a brand new roof. Water, internet, basic cable and exterminating services are included in the maintenance. 24 hour lobby attendant and garage as well. Start living the lifestyle that many just dream about.
Features
- Stacked Bedroom
- Walk-In Closet(s)
- Open Balcony
- Ocean View
- Direct Ocean
- Water View
Leasing
- Minimum lease
- 122 days
- Leases permitted per year
- 1
- No Daily Rentals
- No Lease-1st Year Owned
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.