WorkspaceDiscoverCondo · Miami Beach · Miami-Dade County
4301 Collins Ave #403, Miami Beach
One 949 SF, 2-bedroom / 2-bath condo at Vendome Place, an oceanfront building in Mid-Beach. Occupancy, rental income and lease terms are not published.
Recorded status: Public listing page; availability unconfirmed. Checked: .
Dated listing record · recheck availability and legal unit count.
- Asking price
- $599,000
Monthly rent · Scenario: Not reported
Assumptions behind these estimates
Starting values for this brief. Change any of them in the interactive brief; your changes stay in your browser. Default values
| Input | Value | Basis |
|---|---|---|
| Total scheduled rent per month | Not set | Needs your estimate |
| Vacancy (%) | 5% | Matches planning allowance |
| Management (% of collected rent) | 8% | Matches planning allowance |
| Maintenance (% of total rent) | 5% | Matches planning allowance |
| Buyer annual tax assumption (% of price) | 1.88% | Matches planning allowance |
| Annual insurance | $1,800 | Matches planning allowance |
| Annual owner-paid utilities | $600 | Matches planning allowance |
| Monthly HOA or condo fees | $1,612 | Matches source observation |
| Other annual operating expenses | $600 | Matches planning allowance |
| Capital reserves (% of total rent) | 3% | Matches planning allowance |
| Down payment (%) | 100% | Matches planning allowance |
| Mortgage rate (%) | 7% | Matches planning allowance |
Unit mix & possession
2-bedroom / 2-bath condo at Vendome Place
- Reported units
- 1
- Reported listing area
- 949 sq ft
- Reported year built
- 1981
- Asking / reported sq ft
- $631
- HOA / month
- $1,612
- Reported 2025 tax / year
- $7,419
- HOA + historical tax / month
- $2,230
$2,230/month goes to reported HOA and historical tax alone. Rental income would have to cover this plus the remaining ownership costs.
HOA + historical tax only. Excludes insurance, assessments, upkeep and financing; buyer taxes can change.
Tax-source difference
The listing reports $7,419 for 2025. An older Coldwell Banker tax-history table shows $7,729 for the same year, while its listing fields also say $7,419. Obtain the actual tax bill to resolve the difference.
View the tax-history source ↗Why we’re tracking it
It entered our research for its oceanfront location and two-bedroom layout, as part of our Collins Avenue building review. We have not established an income or resale advantage.
$610,000 → $599,000 · down $11,000 (1.8%)Our price observations: Oct 6, 2026 → Oct 28, 2026.
2-bedroom / 2-bath condo at Vendome Place
The agent markets this ocean-facing home for its water and skyline outlook, balcony, refreshed kitchen and bathrooms, and impact-resistant windows. The revised remarks describe 949 SF and move-in-ready interiors near Mid-Beach dining, shopping and the beach.
Earlier remarks claimed building certification; that claim is absent from the revised remarks. The certification report and any remaining work or assessments have not been reviewed.
Listed by Elite Ocean View Realty LLC · observed Oct 28, 2026Read the full agent description at Coldwell Banker ↗Broker info & key considerations To confirm
Watchlist · investment case unproven
To make the investment case: verify achievable rent, new-owner lease rules, total ownership costs and comparable sale prices.
- Rent, occupancy and lease terms are not published; a rental return cannot be established.
- No developer acquisition proposal, condo termination vote or unused development entitlement verified.
- Building-certification claim, assessments and rental rules need association documents.
Source evidence and diligence
Financial figures observed Oct 6, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.
Gross rental yield basis
Needs supported whole-property rent or your rent assumption and a positive asking price. Unknown rent is not zero.
Sources
- 28 Oct asking-price and remarks review · Coldwell Banker / Elite Ocean View Realty · A12050010; price event 27 OctSource observation · Oct 28, 2026
- Zilbert / A12050010 · checked 6 OctSource observation · Oct 6, 2026
Questions to resolve
- Obtain current estoppel, budget, reserves, insurance and assessment balances.
- Confirm new-owner rental eligibility and lease limits in writing.
- Inspect the unit and building reports; price immediate work and HO-6 insurance.
- Treat redevelopment as a separate research question; do not assign buyout value.
Similar properties
- 31 SE 5th St #3916, Miami: condo, asking $590,000
- 7135 Collins Ave #435, Miami Beach: condo, asking $581,000
- 475 Brickell Ave #612, Miami: condo, asking $569,000
Florida property research
Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.
[1] Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods