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Waterfront · Dockominium
$930,000$738 / sqft
9455 Collins Ave # 501, Surfside FL 33154
Listed
2
Bedrooms
2
Bathrooms
1,260 sqft
Interior
1991
Year built
$1,383 / mo
HOA
Dockominium
Type
About this home
Discover refined coastal living in this beautifully appointed residence at The Waves, an exclusive oceanfront condominium in the heart of Surfside. Offering 2 bedrooms, 2 bathrooms, and 1,260 square feet of living space, this home features a desirable split-bedroom layout, expansive floor-to-ceiling glass, and a generous private balcony with ocean views. Priced to provide an excellent opportunity for personalization, residents enjoy premium amenities including direct beach access with beach service, a heated pool and spa, fitness center, sauna, valet, 24-hour attended lobby, social room, and Shabbat elevator. Ideally situated just moments from Bal Harbour Shops, acclaimed dining, parks, and houses of worship, this is an exceptional opportunity to own in one of Miami's most coveted beachfront communities.
Features
- Lobby
- Elevator
- Shabbat Elevator
- Fire Sprinklers
- Open Balcony
- Ocean View
- Other View
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 1
- Ok To Lease
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 across Miami-Dade, from 200 active listings; the middle half ask $2,350–$5,000.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.