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Condominium at 6423 Collins Ave # 1005, Miami Beach FL 33141Pending
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Waterfront · Condominium
$1,199,999$602 / sqft

6423 Collins Ave # 1005, Miami Beach FL 33141

2
Bedrooms
2
Bathrooms
1,994 sqft
Interior
1976
Year built
$1,960 / mo
HOA
Condominium
Type

About this home

PRICED TO SELL—SPACE, VIEWS, FUTURE-PROOFING & VALUE! Breathtaking frontal PANORAMIC OCEAN VIEWS on coveted “5” line SE corner residence. SPACIOUS 1994SF open-concept condo w/floor-to-ceiling impact windows for stunning SUNRISE/MOONRISE VIEWS. Entertain on private, WRAP AROUND BALCONY w/CITY VIEWS—accommodates 4-chair dining table, settee & lounge chair w/access from great room or primary ensuite. This MOVE-IN READY residence is a rare blend of comfort, style, SECURITY with unmatched views making daily living feel like a BEACHFRONT RETREAT. Our PRO-ACTIVE HOA/MANAGEMENT oversees FUTURE-PROOFING PROJECTS—hurricane impact windows install, pool upgrade, exterior façade painting & new roof install. In the heart of Miami Beach, Mar del Plata offers a tranquil lifestyle in a friendly RESIDENTIAL NEIGHBORHOOD w/fine schools & close-by markets, salons, restaurants & more. Delightful CHILDREN'S PLAYGROUND & DOG RUN next door. HIGHLIGHTS: The MANAGEMENT & STAFF! Smart split-floor plan W/6 GENEROUS CLOSETS—2 are walk-ins, upgraded bathrooms, updated electrical, open kitchen—w/custom light-wood cabinets, stainless-steel appliances, bespoke counters/island, bar w/wine cooler, closeted washer/dryer, & assigned, secure, weather-shielded garage parking—EV CHARGING capable, security cameras, BEACH ACCESS, pool, gym, private beach garden, penthouse club w/billiards/bar/piano, 24hr secured concierge lobby, valet parking. Solid building financials & inspection history. BEST BEACH VALUE: $602/SF

Features

  • Entrance Foyer
  • Split Bedroom
  • Walk-In Closet(s)
  • Storage
  • East Of Us1
  • Barbeque
  • Open Balcony
  • Ocean View
  • Direct Ocean
  • Water View

Location

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

Estimated loan & HOA

$8,028

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

Principal & interest
$6,068
HOA
$1,960 / 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
Douglas Elliman

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.