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$300,000

5445 Collins Ave #1406, Miami Beach, FL 33140

Baths
1
Living area
390 ft²
Price per ft²
$769 / ft²
Type
Condo
Year built
1966
HOA
$878 / mo HOA
On market
2 days on market
MLS #
A12115996

Enjoy beachside living with this fantastic studio offering direct access to the beach! Whether you are looking for a personal getaway, an investment property, or both, this studio offers exceptional rental flexibility. Airbnb and short-term rentals are allowed, with no rental restrictions, making it an attractive opportunity for buyers looking to generate rental income while enjoying their own place by the ocean. Spend your days on the sand and rent the property when you are away—a great combination of lifestyle and investment potential.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $769. The median for recorded sales in the same ZIP codes is $598/ft² — putting it 29% above the median.
  • Position in the area’s price distributionThe asking price is $300,000; the median of recorded sales in the area is $550,000 (2,485 sales). On raw price that is 45% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $878 per month comes to $10,536 a year — 3.5% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$90,000
Term

7.24% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 29, 2026.

Estimated monthly payment$1,431
Loan amount
$210,000
Total interest over the term
$305,213
Total repaid
$515,213

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Serhant

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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