5055 Collins Ave Unit CAB14

Miami Beach, FL 33140 · condos · For Sale · 163 days on market
Asking price$95,000
0 beds — baths 152 sqft
Suggested offer$91,200$3,800 above the est. market value of $91,200.
View on Realtor.com →
Listed by Mendel Fellig · COMPASS
Typecondos
Built1961
Price / sqft$625
Est. value (own analysis)$91,200
Rent estimate (own analysis)$2,150/mo
HOA$174/mo
Wind10/10Extreme$Heat10/10ExtremeFlood8/10severe$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-03-23
Removed date
MLSMiamiMLS #A11987703
Coordinates25.82744, -80.12086
Address5055 Collins Ave Unit CAB14
CityMiami Beach
StateFL
Zip33140
Listing ID6033611795
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33140)

Typical home value (ZHVI)$684,558
Typical rent (ZORI)$3,694/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$95,000
Down payment (20.0%)$19,000
Loan amount$76,000
Closing costs (5.0%)$4,750
Total cash to close$23,750
Rent (comp-derived)$2,150$25,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$25,800
Vacancy rate (assumption) assumption8.0%

$25,800 × 8.0% = $2,064

Effective gross income$1,978$23,736
Property tax (placeholder 1.9% of price)$150$1,805
Insurance (est. scaled by flood & wind risk)$124$1,482
HOA dues$174$2,088
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$108$1,290
Total operating expenses$555$6,665
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$23,736
Total operating expenses derived$6,665

$23,736 − $6,665 = $17,071

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$76,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$76,000 amortized at 6.7% over 30 years = $488/mo

CapEx reserve (5.0% of GSR)$108$1,290
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$17,071
Annual debt service derived$5,861
Annual CapEx reserve assumption$1,290
Annual PMI assumption$0

($17,071 − $5,861 − $1,290 − $0) ÷ 12 = $827

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,071
Purchase price data$95,000

$17,071 ÷ $95,000 = 18.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$9,920
Total cash to close derived$23,750

$9,920 ÷ $23,750 = 41.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,071
Annual debt service derived$5,861

$17,071 ÷ $5,861 = 2.91

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$25,800
Purchase price data$95,000

($25,800 ÷ 12) ÷ $95,000 = 2.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$95,000
Gross scheduled rent (annual) comp$25,800

$95,000 ÷ $25,800 = 3.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$6,665
Effective gross income derived$23,736

$6,665 ÷ $23,736 = 28.1%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$6,665
Annual debt service derived$5,861
Annual PMI assumption$0
Gross scheduled rent (annual) comp$25,800

($6,665 + $5,861 + $0) ÷ $25,800 = 48.5%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment01$1,7952026-06-24
apartment015,880$1,2002026-08-22
condos01554$1,7802026-07-08
condos01260$1,5752026-05-19
condos01315$1,4502026-06-09
condos01400$2,1002026-08-20
apartment01390$1,8002026-05-29
condos01396$1,8002026-04-02
condos01400$1,8002026-03-28
condos01340$1,7002026-08-04
condos01566$1,9502026-07-27
condos01600$2,1002026-01-04
condos01460$1,9502026-02-12
condos01465$2,2002026-08-18
condos01694$3,0002026-07-13
condos01260$1,7502026-07-13
condos01230$1,7002026-08-16
apartment01310$1,8002026-05-19
condos01384$1,7452026-07-22
condos01550$5,0002026-08-13
condos01352$1,7452026-07-22
condos01384$1,7452026-07-22
condos01370$1,7452026-07-22
condos01550$2,4902026-08-06
condos01400$2,2002026-08-03
condos01550$2,5902026-07-02
condos01502$2,2952026-05-28
condos01600$5,0002026-07-02
condos01566$2,5002026-08-04
condos01525$4,5002026-08-11
condos01600$3,0002025-11-25
condos01600$2,2502026-06-26
condos01600$3,1002026-05-06
apartment01390$2,5002026-07-06
condos01420$3,1002025-01-30
condos01400$3,2002025-10-29
condos01550$5,5002026-08-13
apartment01390$2,5002026-07-06
condos01770$3,1502026-03-19
condos01544$11,0002025-08-08
apartment01,350$6,9502026-06-03
condos01566$1,8802026-08-28
condos01600$2,4002026-08-28
condos01315$1,6002026-09-01

3025 Indian Creek Dr

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage
Listed2026-06-24
Days on market

Asking rent: $1,795

View on Zillow →

4349 Sheridan Ave Apt 11

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage5,880
Listed2026-08-22
Days on market

Asking rent: $1,200

View on Zillow →

2899 Collins Ave Apt 702

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage554
Listed2026-07-08
Days on market

Asking rent: $1,780

View on Zillow →

3710 Collins Ave Unit N305

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage260
Listed2026-05-19
Days on market

Asking rent: $1,575

View on Zillow →

3801 Indian Creek Dr Unit 301

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage315
Listed2026-06-09
Days on market

Asking rent: $1,450

View on Zillow →

2445 Lake Pancoast Dr Apt 4

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage400
Listed2026-08-20
Days on market

Asking rent: $2,100

View on Zillow →

2418 Flamingo Dr Apt 7

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage390
Listed2026-05-29
Days on market

Asking rent: $1,800

View on Zillow →

4015 Indian Creek Dr Apt 302

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage396
Listed2026-04-02
Days on market

Asking rent: $1,800

View on Zillow →

2445 Lake Pancoast Dr Apt 7

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage400
Listed2026-03-28
Days on market

Asking rent: $1,800

View on Zillow →

255 W 24th St Apt 436

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage340
Listed2026-08-04
Days on market

Asking rent: $1,700

View on Zillow →

2899 Collins Ave Apt 450

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage566
Listed2026-07-27
Days on market

Asking rent: $1,950

View on Zillow →

2899 Collins Ave Apt 1114

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage600
Listed2026-01-04
Days on market

Asking rent: $2,100

View on Zillow →

4201 Indian Creek Dr Apt 4

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage460
Listed2026-02-12
Days on market

Asking rent: $1,950

View on Zillow →

3915 N Meridian Ave Apt 201

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage465
Listed2026-08-18
Days on market

Asking rent: $2,200

View on Zillow →

4925 Collins Ave Apt 2D

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage694
Listed2026-07-13
Days on market

Asking rent: $3,000

View on Zillow →

255 W 24th St Apt 302

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage260
Listed2026-07-13
Days on market

Asking rent: $1,750

View on Zillow →

3710 Collins Ave Unit N208

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage230
Listed2026-08-16
Days on market

Asking rent: $1,700

View on Zillow →

3700 Collins Ave Unit S306

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage310
Listed2026-05-19
Days on market

Asking rent: $1,800

View on Zillow →

3025 Indian Creek Dr Apt 310

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage384
Listed2026-07-22
Days on market

Asking rent: $1,745

View on Zillow →

4401 Collins Ave Unit 1609

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage550
Listed2026-08-13
Days on market

Asking rent: $5,000

View on Zillow →

3025 Indian Creek Dr Apt 106

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage352
Listed2026-07-22
Days on market

Asking rent: $1,745

View on Zillow →

3025 Indian Creek Dr Apt 316

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage384
Listed2026-07-22
Days on market

Asking rent: $1,745

View on Zillow →

3025 Indian Creek Dr Apt 311

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage370
Listed2026-07-22
Days on market

Asking rent: $1,745

View on Zillow →

5401 Collins Ave Apt 832

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage550
Listed2026-08-06
Days on market

Asking rent: $2,490

View on Zillow →

5445 Collins Ave Apt 1109

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage400
Listed2026-08-03
Days on market

Asking rent: $2,200

View on Zillow →

5401 Collins Ave Apt 1110

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage550
Listed2026-07-02
Days on market

Asking rent: $2,590

View on Zillow →

2421 Lake Pancoast Dr Apt 3B

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage502
Listed2026-05-28
Days on market

Asking rent: $2,295

View on Zillow →

2899 Collins Ave Apt 1025

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage600
Listed2026-07-02
Days on market

Asking rent: $5,000

View on Zillow →

2899 Collins Ave Apt 610

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage566
Listed2026-08-04
Days on market

Asking rent: $2,500

View on Zillow →

4391 Collins Ave Unit 1015

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage525
Listed2026-08-11
Days on market

Asking rent: $4,500

View on Zillow →

2899 Collins Ave Apt 625

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage600
Listed2025-11-25
Days on market

Asking rent: $3,000

View on Zillow →

2899 Collins Ave Apt 1726

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage600
Listed2026-06-26
Days on market

Asking rent: $2,250

View on Zillow →

2899 Collins Ave Apt 1414

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage600
Listed2026-05-06
Days on market

Asking rent: $3,100

View on Zillow →

5445 Collins Ave Apt 908

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage390
Listed2026-07-06
Days on market

Asking rent: $2,500

View on Zillow →

5445 Collins Ave Apt 1623

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage420
Listed2025-01-30
Days on market

Asking rent: $3,100

View on Zillow →

5445 Collins Ave Apt 617

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage400
Listed2025-10-29
Days on market

Asking rent: $3,200

View on Zillow →

4401 Collins Ave Unit 1508

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage550
Listed2026-08-13
Days on market

Asking rent: $5,500

View on Zillow →

5445 Collins Ave Apt 1108

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage390
Listed2026-07-06
Days on market

Asking rent: $2,500

View on Zillow →

5401 Collins Ave Apt 526

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage770
Listed2026-03-19
Days on market

Asking rent: $3,150

View on Zillow →

4391 Collins Ave Unit 802

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage544
Listed2025-08-08
Days on market

Asking rent: $11,000

View on Zillow →

710 W 51st St Unit Main

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / — ba
Square footage1,350
Listed2026-06-03
Days on market

Asking rent: $6,950

View on Zillow →

2899 Collins Ave Apt 1734

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage566
Listed2026-08-28
Days on market

Asking rent: $1,880

View on Zillow →

2899 Collins Ave Apt 1714

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage600
Listed2026-08-28
Days on market

Asking rent: $2,400

View on Zillow →

3801 Indian Creek Dr Unit 201

Miami Beach, 33140 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage315
Listed2026-09-01
Days on market

Asking rent: $1,600

View on Zillow →

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
4201 Indian Creek Dr Apt 2condos01400$190,0002026-08-07
4391 Collins Ave Unit 1814condos01538$830,0002026-08-06
5255 Collins Ave Unit CU10condos0118$55,0002026-07-15
5445 Collins Ave Apt 610condos01400$215,0002026-07-10
255 W 24th St Apt 233condos01290$180,0002026-06-18
255 W 24th St Apt 306condos01300$255,0002026-06-12
4141 Nautilus Dr Apt 7Jcondos0757$287,5002026-06-05
4130 Collins Ave Unit 703condos01300$260,0002026-05-21
2899 Collins Ave Apt 810condos01566$272,5002026-05-19
4401 Collins Ave Unit 2701condos01516$936,0002026-05-12
255 W 24th St Apt 501condos01290$190,0002026-05-07
4391 Collins Ave Unit 1914condos01538$885,0002026-04-30
2899 Collins Ave Apt 1234condos01566$245,0002026-04-10
2421 Lake Pancoast Dr Apt 2Ccondos01545$305,0002026-04-10
4401 Collins Ave Unit 2108condos01526$830,0002026-03-24
4775 Collins Ave Unit CA-A14condos01190$281,5002026-03-12
4201 Indian Creek Dr Apt 8condos01400$200,0002026-03-12
2899 Collins Ave Apt 931condos01518$280,0002026-03-04
4015 Indian Creek Dr Apt 102condos01396$180,0002026-02-06
2899 Collins Ave Apt 1233condos01566$302,5002026-01-09
2899 Collins Ave Apt 833condos01566$306,0002026-01-07
4391 Collins Ave Unit 1717condos01538$826,0002025-12-22
4401 Collins Ave Unit 1408condos01526$810,0002025-12-18
2899 Collins Ave Apt 1715condos01600$360,0002025-12-12
4391 Collins Ave Unit 719condos01824$940,5002025-12-11
2899 Collins Ave Apt 1516condos01600$322,5002025-12-11
5445 Collins Ave Apt 1607condos01390$240,0002025-12-02

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
4391 Collins Ave Unit 1403condos01544$1,079,000
5445 Collins Ave Ste CU26condos0260$125,000
2899 Collins Ave Unit 6condos01112$111,000
5445 Collins Ave Apt 729condos01400$429,000
4391 Collins Ave Unit 803condos01544$825,000
255 W 24th St Apt 208condos01270$164,000
2899 Collins Ave Apt 1734condos01566$294,400
4015 Indian Creek Dr Apt 106condos01401$229,000

10-year hold projection

IRR47.4%
Equity multiple7.57x
Total return (10yr)$168,362
YearProperty valueNOICash flowLoan balanceEquity
1$97,850$17,071$9,920$75,176$22,674
2$100,786$17,616$10,433$74,295$26,490
3$103,809$18,179$10,963$73,354$30,455
4$106,923$18,759$11,510$72,348$34,575
5$110,131$19,358$12,073$71,274$38,857
6$113,435$19,976$12,655$70,125$43,310
7$116,838$20,613$13,256$68,897$47,941
8$120,343$21,270$13,876$67,586$52,757
9$123,953$21,947$14,515$66,184$57,770
10$127,672$22,646$15,175$64,686$62,986
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.