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5601 Collins Ave #1420
Miami Beach, FL 33140
Listing courtesy of London Foster Realty (Matias Derito). Contact: [email protected].
An exceptional oceanfront apartment in Miami Beach, offering a rare blend of investment potential and beachfront luxury. This well-maintained split floor plan residence features direct beach access and stunning bay views, along with the valuable flexibility for short-term rentals in a highly desirable location. Ideal for generating strong rental income or creating a personalized coastal retreat, the unit includes generous closet space and well-preserved original finishes, providing an excellent opportunity for customization. Maintenance includes cable, high-speed internet, and water. All major building updates have been completed, including new elevators, roof, and renovated common areas, with no ongoing construction impact.
- Principal and interest
- $3,792
- Property tax
- $1,092
- Homeowners insurance
- $467
- HOA
- $1,652
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.