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Condominium at 5600 Collins Ave # D, Miami Beach FL 33140Active
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Waterfront · Condominium
$2,795,000$1,331 / sqft

5600 Collins Ave # D, Miami Beach FL 33140

2
Bedrooms
2
Bathrooms
2,100 sqft
Interior
1967
Year built
$27,251 / mo
HOA
Condominium
Type

About this home

Turn-key Miami Beach penthouse offering 3,300 SF of indoor-outdoor living, including a 1,200 SF landscaped terrace with sunset views over La Gorce Golf Course, the Intracoastal, and the Miami skyline. Renovated with a custom solid oak kitchen, Miele appliances, open living/dining, and two updated baths, including a five-fixture primary suite with soaking tub. Four French doors create seamless indoor-outdoor flow. Includes a private waterfront cabana with full bath, marina boat slips up to 50’, and direct elevator access to the marina, parking, and amenities, including gym and waterfront restaurant. Two covered parking spaces, private storage, and in-residence laundry room. 40 year renovation completed in 2025, all assessments paid.

Features

  • Elevator
  • Open Balcony
  • Water View

Location

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

Estimated loan & HOA

$41,384

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

Principal & interest
$14,133
HOA
$27,251 / 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
Beycome of 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.