FOR_SALEExcellent Deal30 days on market

2901 Collins Ave #1602

2901 Collins Ave #1602, Miami Beach, FL 33140, Miami Beach, FL 33140
$80,000,000

Listing Price

Property image 1
2901 Collins Ave #1602, Miami Beach, FL 33140
Loc: Miami Beach, FL
Days Listed
30
Tax Assessed
$14020k
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

North Beach Elementary School

PK-5
0.7 mi away
5

Nautilus Middle School

6-8
0.9 mi away
5

Miami Beach Senior High School

9-12
0.7 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
8.43%
Total ROI
31.8%
Cash Flow
$157,357/mo
DSCR
1.39
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-24Listed for sale$80,000,000$15,965
2023-03-27Listing removed$0
2022-12-12Listed for rent$125,000$25
2020-10-19Listing removed$19,999,999$3,991
2020-02-14Price change$19,999,999$3,991
2019-12-10Listed for sale$22,500,000$4,490
2019-07-31Listing removed$22,500,000$4,490
2019-03-29Price change$22,500,000$4,490
2018-12-02Listed for sale$22,000,000$4,390
2017-09-30Listing removed$23,599,000$4,709
2017-02-23Price change$23,599,000$4,709
2016-11-01Listed for sale$25,999,000$5,188
2016-08-29Listing removed$27,500,000$5,488
2015-09-16Listed for sale$27,500,000$5,488

Tax History

YearProperty TaxTax Assessment
2025$236,721.73$11,851,908
2024$223,890.98$10,774,462
2023$205,639.11$9,794,966
2022$182,276.23$9,596,921
2021$174,629.77$8,724,474
2020$170,608.4$8,812,600
2019$170,774.39$8,812,570
2018$176,290.78$9,375,075
2017$176,290.78$11,029,500
2016$168,027.81$11,137,500
2015$267,466.06$13,500,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
6
Sq Ft
5,011
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $80,000,000Rent Basis: Modeled Estimate ($640,000/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $40,000/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.62%

NOI: $5,296,207/yr

Cash-on-Cash Yield
1.7%

On $18,400,000 invested

DSCR Ratio
1.06x

Tight qualification

5-Yr Leveraged ROI
+102.8%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$11,449/mo
Homeowner / Hazard Insurance-$40,000/mo
Vacancy Reserve (5% of rent)-$32,000/mo
Repairs & Maintenance (10% of rent)-$64,000/mo
Property Management (8% of rent)-$51,200/mo
Total Pure Operating Expenses-$198,649/mo
Net Investor Cash Flow
Gross Scheduled Rent+$640,000/mo
Less: Operating Expenses-$198,649/mo
Net Operating Income (NOI)+$441,351/mo
Less: Debt Service (30yr @ 6.75%)-$415,103/mo
Net Cash Flow
$26,248/mo
$314,974/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Miami Beach.