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Condominium
$340,000$600 / sqft
1255 Collins Ave # 504, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
567 sqft
Interior
1965
Year built
$600 / mo
HOA
Condominium
Type
About this home
Live moments from the beach in this beautifully fully renovated 1 bed, 1 bath residence for Sale in the heart of Miami Beach. This bright unit features a brand-new kitchen with modern finishes, a stylishly updated bathroom, and a smart, comfortable layout. Perfectly located in one of the most desirable areas, you’ll enjoy easy access to the ocean, top dining, shopping, and entertainment. Ideal for those relocating, seeking a seamless move-in experience in a prime coastal setting. Easy to show. Leased until June of 2027.
Features
- Other
- Other View
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
- No Daily Rentals
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,900.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.