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5161 Collins Ave # 310, Miami Beach FL 33140
About this home
Exceptional investment opportunity on prestigious Millionaire’s Row in Miami Beach. This spacious 1-bedroom, 1.5-bath residence offers flexible rental options, allowing short-term rentals up to 12 times per year. Enjoy resort-style living with a heated oceanfront pool, hot tub, fitness center, tiki bar, convenience store, hair salon, and direct beach access with chairs and umbrellas. Whether you're seeking a vacation retreat, primary residence, or income-producing asset, this property delivers the perfect blend of lifestyle, flexibility, and investment potential. SPECIAL assesment $948 until 01/2027.
Features
- Lobby
- Elevator
- Fire Sprinklers
- East Of Us1
- Tennis Court(s)
- Bay
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,523
- HOA
- $887 / 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.
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.
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.