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5401 Collins Ave # 514, Miami Beach FL 33140
About this home
Rare opportunity to own a direct oceanfront 2BD/2BA in a full-service luxury building on Millionaire’s Row. This spacious, remodeled unit features an open kitchen, updated baths, ceramic floors, with ocean views, and new central A/C. The building offers resort-style amenities: Olympic-size heated pool, oceanview gym, sauna, hot tub, valet, 24-hr security, doorman, synagogue, restaurant, mini-market, salon, marina, racquetball court & 2 lighted tennis courts. Recent capital improvements include full concrete restoration, impact windows/doors, and completed 40-year recertification. Prime location—just minutes to South Beach, Bal Harbour, top dining, shopping, cultural venues & Miami Airport.
Features
- Lobby
- First Floor Entry
- Cooking Island
- Shabbat Elevator
- Tennis Court(s)
- Ocean View
- Direct Ocean
- Pool Area View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,780
- HOA
- $1,330 / 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.
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.
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.