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Waterfront · Condominium
$369,900$368 / sqft
6450 COLLINS Avenue # 704, Miami Beach FL 33141
Listed
1
Bedrooms
1,006 sqft
Interior
1968
Year built
$1,210 / mo
HOA
Condominium
Type
About this home
Enjoy the best of Miami Beach living in this spacious 1-bedroom, 1.5-bath oceanfront condo at Ocean Park. Offering approximately 1,006 sq ft of living space, this residence features an open layout, tile flooring, generous closet space, and a private balcony with beautiful water views. The well-maintained building offers a 24-hour front desk, swimming pool, fitness center, bike room, on-site management, and beach access. Located along the sought-after North Beach area, with the beach boardwalk, restaurants, shopping, and everyday conveniences just moments away. Currently leased, offering an excellent opportunity for investors or buyers seeking a prime south Florida location. This property is part of a portfolio consisting of 11 available residential properties.
Features
- Lobby
- No Interior Features
- Exterior Cat Walk
- Open Balcony
- Ocean
- Direct Ocean
- Ocean View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.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.