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Waterfront · Condominium
$4,299,000$2,171 / sqft
4201 Collins Ave # 1503, Miami Beach FL 33140
Listed
3
Bedrooms
3
Bathrooms
1,980 sqft
Interior
1995
Year built
$3,202 / mo
HOA
Condominium
Type
About this home
Experience breathtaking direct oceanfront living in this beautifully furnished 3BD/3BA residence at the remodeled La Tour, a boutique Beachwalk building with just 63 residences. Occupying the entire east side of the floor, this exceptional home offers 1,980 SF of interior space and a spectacular 750 SF wraparound balcony with endless unobstructed ocean, bay, & city views. Every room enjoys direct ocean views, including the formal dining room, spacious living area, remodeled eat-in kitchen, and foyer. Features include custom built-in closets and an in-unit washer and dryer. With only 63 residences and 3 apartments per floor, La Tour offers an intimate boutique setting with exceptional amenities, including a pool, resident beach service, hot tub, sauna, fitness center, tennis and pickleball courts, party room, 24/7 concierge, security and on-site management. Ideally situated near Soho House, Fontainebleau, Faena, future Aman and Cipriani, and surrounded by Miami Beach's finest dining and shopping. Just 20 minutes to MIA airport. Click the virtual tour link to view the video.
Features
- First Floor Entry
- Open Balcony
- Ocean View
- Direct Ocean
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
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 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.