$581,000

7135 Collins Ave #435, Miami Beach, FL 33141

Bedrooms
2
Baths
2
Living area
1,455 ft²
Price per ft²
$399 / ft²
Type
Condo
Year built
1970
HOA
$960 / mo HOA
On market
80 days on market
MLS #
A12053741

AN EXCEPTIONAL OPPORTUNITY TO CREATE YOUR DREAM OCEANFRONT RESIDENCE AT THE ICONIC BURLEIGH HOUSE IN MIAMI BEACH. THIS UNIT IS IN ORIGINAL CONDITION AND REQUIRES A COMPLETE RENOVATION, MAKING IT THE PERFECT BLANK CANVAS FOR A BUYER WITH VISION. AT THIS PRICE, THE VALUE IS TRULY REMARKABLE, ESPECIALLY FOR A PROPERTY OFFERING DIRECT ACCESS TO THE BEACH, THE ATLANTIC OCEAN, AND MIAMI BEACH’S SCENIC BOARDWALK. IMAGINE DESIGNING A MODERN COASTAL RETREAT TAILORED ENTIRELY TO YOUR TASTE WHILE ENJOYING ONE OF THE MOST DESIRABLE LIFESTYLES IN SOUTH FLORIDA. STEP OUTSIDE AND YOU ARE IMMEDIATELY CONNECTED TO MILES OF WATERFRONT WALKING AND BIKING PATHS, WHITE-SAND BEACHES, AND INCREDIBLE OCEAN VIEWS. THE UNBEATABLE LOCATION ALSO PLACES YOU NEAR RESTAURANTS, SHOPPING, ENTERTAINMENT, AND EVERYTHING MIAMI BEACH HAS TO OFFER. WHETHER YOU ARE AN INVESTOR, END USER, OR SEASONAL RESIDENT, THIS IS A RARE CHANCE TO TRANSFORM AN ORIGINAL UNIT INTO A SPECTACULAR CUSTOM HOME. OPPORTUNITIES COMBINING THIS PRICE, LOCATION, AND DIRECT OCEAN ACCESS ARE EXTREMELY DIFFICULT TO FIND.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $399. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 34% below the median.
  • Position in the area’s price distributionThe asking price is $581,000; the median of recorded sales in the area is $590,000 (2,277 sales). On raw price that is close to the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $960 per month comes to $11,520 a year — 2.0% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$174,300
Term

7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.

Estimated monthly payment$2,714
Loan amount
$406,700
Total interest over the term
$570,334
Total repaid
$977,034

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Live Lavish Real Estate

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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