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Waterfront · Condominium
$670,000$371 / sqft
6423 Collins Ave # 809, Miami Beach FL 33141
Listed
2
Bedrooms
2
Bathrooms
1,805 sqft
Interior
1976
Year built
$1,784 / mo
HOA
Condominium
Type
About this home
Exceptional Value! Best-priced 2-bedroom, 2-bath oceanfront residence for its stack and floor level, offering breathtaking ocean views and nearly 2,000 SF of living space. This bright and spacious condo features a double-door entry, expansive living and dining areas, a private balcony accessible from both bedrooms, walk-in closets, and an in-unit washer and dryer. A wonderful opportunity to update to your personal style while building instant equity in one of Miami Beach's premier oceanfront buildings. Adjacent to a beachfront public park, the property enjoys protected open-space views that enhance the sense of privacy and preserve the surrounding coastal scenery. The building has reserves, providing added value and buyer confidence. Resort-style amenities include direct beach access, an oceanfront pool, fitness center, saunas, BBQ area, billiards room, business center, 24-hour attended lobby, valet, covered and guest parking, and a spectacular penthouse social room with panoramic bay, city, and ocean views. Maintenance includes cable, internet, and A/C (owner pays electricity only). Ideally located along the beachfront boardwalk, just minutes from Bal Harbour Shops, South Beach, world-class dining, shopping, and Miami International Airport. Experience the ultimate beachfront lifestyle where every day feels like a vacation. Easy to show. Sold AS IS.
Features
- Interior Hall
- Lobby
- Elevator
- Open Balcony
- Ocean View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 3
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.
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 $3,600–$9,900.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.