5775 Collins Ave 1602, Miami Beach, FL 33140 — MLS photo

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5775 Collins Ave 1602, Miami Beach, FL 33140

Active · Condominium

$6,150,000

5775 Collins Ave 1602, Miami Beach, FL 33140

Beds
2
Baths
3
Living area
1,612 sq ft
$ / sq ft
$3,815/sq ft
Year built
2021
Lot size
—
HOA fee
$4,540
Annual tax
—

About this property

Set within 57 Ocean, this sophisticated residence (Unit 1602) features a flexible 2-bedroom + den layout with 3 full bathrooms — the den easily converts into a third bedroom, offering effortless adaptability for families, guests, or a home office. Both the master suite and second bedroom capture direct ocean views, while a generous 45-foot terrace spans the living and dining area for effortless indoor-outdoor entertaining. Residents enjoy this boutique building’s resort-style amenities, including a private beach and pool service, 24/7 valet and security, concierge, personal fitness trainers, spa services, and a private chef. Ideally positioned on Millionaire’s Row with 220 feet of pristine private beachfront. Contact the listing agent to schedule your private showing.

Property location

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5775 Collins Ave 1602, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,612 sq ft

Exterior & Structure

Property type
Condominium
Year built
2021

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,540
County
Miami-Dade
MLS listing ID
A11817002
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$29,187

Cap rate
-0.0%
Net yield
-0.0%
Cash-on-cash return
-20.3%
Gross yield
3.9%
Mortgage payment
$29,154/mo
Down payment
$1,537,500
Loan amount
$4,612,500
Annual NOI
-$389

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.