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5161 Collins Ave #310
Miami Beach, FL 33140
Listing courtesy of Serhant (Fabrice Ernandes). Contact: [email protected].
Exceptional investment opportunity on prestigious Millionaire’s Row in Miami Beach. This spacious 1-bedroom, 1.5-bath residence offers flexible rental options, allowing short-term rentals up to 12 times per year. Enjoy resort-style living with a heated oceanfront pool, hot tub, fitness center, tiki bar, convenience store, hair salon, and direct beach access with chairs and umbrellas. Whether you're seeking a vacation retreat, primary residence, or income-producing asset, this property delivers the perfect blend of lifestyle, flexibility, and investment potential. SPECIAL assesment $948 until 01/2027.
- Principal and interest
- $2,478
- Property tax
- $692
- Homeowners insurance
- $308
- HOA
- $887
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.