All listings
Active
Active1 / 31
Photo 1 of 31
Waterfront · Condominium
$4,100,000$2,232 / sqft
3737 Collins Ave # 701, Miami Beach FL 33140
Listed
3
Bedrooms
3
Bathrooms
1,837 sqft
Interior
2008
Year built
$4,023 / mo
HOA
Condominium
Type
About this home
Welcome to this beautifully appointed 3-bedroom, 2.5-bath residence at the Caribbean Condominium, ideally located in Miami Beach's sought-after Faena District. This bright and spacious home offers an open, contemporary layout with expansive living areas, marble floors throughout, and spectacular ocean views. The residence is anchored by a truly exceptional wraparound terrace — a huge outdoor living space overlooking the Atlantic, accessible from each of the three bedrooms, allowing every corner of this home to enjoy the ocean breeze and views.The open kitchen features high-end appliances and the rare convenience of gas cooking, ideal for both everyday living and entertaining. The spacious primary suite offers a private retreat with a luxurious en-suite bathroom, including a deep soaking tub and separate shower. Residents of the Caribbean Condominium enjoy an impressive array of resort-style amenities, including a fully equipped fitness center, 24-hour concierge and valet parking, a business center and media room, and private wine and cigar storage for the discerning collector. Outdoors, residents can unwind by the pool, hot tub and cabanas, or take advantage of secure beach and boardwalk access with towel and chair service. Just moments from some of Miami Beach's most desirable destinations, including Faena, Soho House and The Edition, this residence offers the ideal combination of oceanfront living, world-class amenities and an unbeatable location. *See Broker's remarks*
Features
- Elevator
- East Of Us1
- Other
- Direct Ocean
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 3
- 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 103 active listings; the middle half ask $9,000–$38,000.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.