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Condominium
$2,615,000$1,687 / sqft
250 Collins Ave # 201, Miami Beach FL 33139
Listed
3
Bedrooms
3
Bathrooms
1,550 sqft
Interior
2027
Year built
None
HOA
Condominium
Type
About this home
Introducing Villa Sofia, Miami's original pied-à-terre reimagined. A beloved destination for the affluent and bon vivant since 1959, this architectural gem is being thoughtfully reinvented for modern luxury in the exclusive South of Fifth neighborhood. With only 21 residences and no rental restrictions, Villa Sofia offers rare flexibility for owners and investors alike. Residence #201/202 features a thoughtfully laid out 3 bed/3 bath + den with 1550 interior sq ft + 181 sq ft of outdoor space, showcasing an efficient layout and refined contemporary finishes. Residents will enjoy curated amenities including a rooftop bar, pool, outdoor gym, and lounge - ideal for relaxing, working, or entertaining. Residents will also have access to beach service. Completion estimated for Q2 of 2027.
Features
- First Floor Entry
- East Of Us1
- Garden View
- Other View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
- Okay To Lease 1st Year
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
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 3-bed rentals in Miami Beach, from 95 active listings; the middle half ask $9,200–$40,000.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.