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Waterfront · Condominium
$720,000$687 / sqft
5555 Collins Ave # 10G, Miami Beach FL 33140
Listed
2
Bedrooms
2
Bathrooms
1,048 sqft
Interior
1967
Year built
$1,350 / mo
HOA
Condominium
Type
About this home
Experience the best of Miami Beach living in this beautifully updated 2-bedroom, 2-bathroom residence at Oceanside Plaza, ideally located on Millionaire’s Row and just steps from the beach. Enjoy breathtaking direct ocean views from this bright and inviting home, featuring marble floors, an updated open kitchen, and a private balcony where you can relax and take in the ocean breeze. Oceanside Plaza offers a resort-style lifestyle with exceptional amenities, including a fully renovated swimming pool, jacuzzi, fitness center, on-site restaurant, and 24-hour security. The building is also undergoing improvements, with the lobby renovation expected to be completed soon. A major advantage for buyers: the seller has already paid the special assessment, providing additional peace of mind and value. Located just steps from the beach and close to Miami Beach’s dining, shopping, entertainment, and outdoor lifestyle, this is an excellent opportunity to own a beautiful ocean-view residence in one of Miami Beach’s most desirable areas. Whether as a primary residence, vacation retreat, or investment, this property offers the perfect combination of location, views, amenities, and value.
Features
- Other
- None
- Ocean View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$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.