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Waterfront · Condominium
$690,000$634 / sqft
1621 Collins Ave # 310, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,088 sqft
Interior
1980
Year built
$1,635 / mo
HOA
Condominium
Type
About this home
Wake up just steps from the ocean in this beautiful 2-bedroom, 2-bath residence plus sunroom in the heart of Miami Beach. Filled with natural light, the open layout creates a bright and airy atmosphere perfect for relaxed coastal living. Enjoy direct beach access, resort-style pool, gym, and the ultimate Miami Beach lifestyle just moments from Lincoln Road, cafés, restaurants, shopping, and the energy of South Beach. Whether you are looking for a full-time residence, vacation getaway, or investment opportunity, this is your chance to experience beach living at its finest.
Features
- Closet Cabinetry
- Split Bedroom
- Walk-In Closet(s)
- Den/Library/Office
- Other
- Utility Room/Laundry
- Open Balcony
- Screened Balcony
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 1
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 in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.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.