5601 Collins Ave CU-9, Miami Beach, FL 33140
Commercial condo with beach, gym, and pool access.
- Added:
- Apr 24, 2026
- Days on Market:
- 53
- Last Refresh:
- Apr 24 at 3:44 pm
Property Features for 5601 Collins Ave CU-9
General Information
- Standard status
- Active
- Size
- 1,100 SF
- Property subtype
- Commercial
Listing agent Jenifer Caplan (305) 523-9801
Listing office (305) 523-9801
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Jenifer Caplan
HighLights
- Walker's Paradise: Walk Score of 91.
- Seller financing available.
- Access to beach, gym, and pool for tenants and guests.
- 1100 sqft commercial condo with mezzanine.
- Suitable for various business types: office, studio, wellness center, etc.
- Kitchen included in unit.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.2k | $45.60 |
| − Vacancy | −$11.3k | −$10.26 |
| EGI | $38.9k | $35.34 |
| − OpEx | −$9.7k | −$8.84 |
| NOI | $29.2k | $26.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.120259
- Latitude
- 25.836814
