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Condominium
$2,100,000$991 / sqft
5600 Collins Ave # 14K, Miami Beach FL 33140
Listed
3
Bedrooms
4
Bathrooms
2,120 sqft
Interior
1967
Year built
$2,200 / mo
HOA
Condominium
Type
About this home
One-of-a-kind luxury residence offering breathtaking Intracoastal, bay, and Miami skyline views. Fall in love with this expansive 2,120 SF corner unit featuring 3 spacious bedrooms and 3.5 bathrooms, designed for both comfort and sophistication. This exceptional property includes two assigned parking spaces, one valet space, and two private storage units—an extremely rare find in Miami. Completely upgraded with approximately $400,000 in high-end renovations, the residence showcases elegant 48” x 48” porcelain flooring throughout, a fully redesigned modern kitchen with top-of-the-line custom cabinetry, and premium appliances including Sub-Zero refrigerator and freezer, Wolf induction cooktop, convection oven, microwave, and wine cooler. All bathrooms have been beautifully updated with designer finishes and high-quality fixtures, creating a spa-like experience. No special assessments pending. Ideally located with easy access to beaches, dining, and shopping. Easy to show.
Features
- Lobby
- Built-in Features
- Cooking Island
- Walk-In Closet(s)
- Canal
- Skyline
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
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.