WorkspaceDiscoverCondo · Miami Beach · Miami-Dade County
6039 Collins Ave #534, Miami Beach
Added September 23, 2026. Listed 2 bedrooms, 2 baths, 1,290 sf; public-record bedroom count differs. Verify legal conversion and approved plan. Active A12079823.
Recorded status: Workbook research; availability not rechecked. Checked: .
Workbook research; the listing has not been rechecked. Dated listing record · recheck availability and legal unit count.
- Asking price
- $430,000
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 | $1,167 | 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 bedrooms advertised; one condo unit
- Reported units
- 1
- Reported listing area
- 1,290 sq ft
- Asking / reported sq ft
- $333
- HOA / month
- $1,167Special assessment disclosed; amount and seller payoff unknown.
- Historical property tax / year
- $5,641
- HOA + historical tax / month
- $1,637
$1,637/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.
Broker info & key considerations To confirm
- Annual-rent scenario only, conditional on permission. Same-building #728 publishes 365-day minimum and one lease/year. Verify unit-specific restrictions and any ownership waiting period before purchase.
- HOA $1,167/month verified in ByOwner MLS display. Current MLS disclosure says Specialassessment, with no amount or seller-payoff terms. Building pool/deck work is ongoing. Extra installment and balance are UNKNOWN and excluded from baseline.
- Workbook rent estimates are analyst assumptions and are not imported as collected rent.
Source evidence and diligence
Financial figures observed Sep 23, 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
- Listing page on zillow.comWorkbook observation · Sep 23, 2026
- Workbook supporting source · 23 SepWorkbook observation · Sep 23, 2026
- Workbook supporting source · 23 SepWorkbook observation · Sep 23, 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.
Similar properties
- 50 Biscayne Blvd #2507, Miami: condo, asking $435,000
- 5005 Collins Ave #424, Miami Beach: condo, asking $399,000
- 5825 Collins Ave #2E, Miami Beach: condo, asking $461,000
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