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Condominium
$450,000$735 / sqft
750 Collins Ave # 206, Miami Beach FL 33139
Listed
2
Bedrooms
1
Bathrooms
612 sqft
Interior
1935
Year built
$474 / mo
HOA
Condominium
Type
About this home
Fully renovated 2-bedroom, 1-bath corner residence in the heart of South Beach, just a 2-minute walk to Ocean Drive and the beach. This income-producing property has generated approximately $60,000 annually for the past two years, offering an established track record for investors. All vacation rental licenses are current and transferable. The residence features a modern kitchen, spacious living and dining areas, central A/C, and an updated interior. Airbnb and short-term rentals are permitted with no rental restrictions, no condo-hotel requirements, and no management income split. Ideally located near world-class dining, nightlife, shopping, and entertainment, with public parking less than one minute away. An exceptional opportunity for investors seeking a turnkey short-term rental or buyers looking for a South Beach vacation residence with income potential.
Features
- Second Floor Entry
- Closet Cabinetry
- Elevator
- Fire Sprinklers
- None
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
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 $3,595–$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.