$17,000 /mo

5775 Collins AvenueMiami Beach, FL 33140

High-Floor Fully Furnished Luxury Residence at 57 Ocean

2 bd
2 ba
1,176 sqft

Condo

Dean Bloch

Douglas Elliman

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About this home

Perched on the 14th floor of 57 Ocean along Miami Beach’s historic Millionaire's Row, this turnkey 2-bedroom, 2.5-bathroom oceanfront residence offers 1,176 sq. ft. of interior living space. Curated with bespoke designer furnishings, high-end millwork, and custom finishes throughout, the interior features an open-concept layout enclosed by floor-to-ceiling glass openings that highlight wide views of the Atlantic Ocean and coastline. The flow transitions into living and dining areas served by a chef-style kitchen equipped with sleek Italian cabinetry and top-tier integrated appliances. The primary suite serves as a tranquil retreat complete with custom closet built-ins and a spa-inspired en-suite bathroom. Residents at 57 Ocean enjoy resort-style amenities, including direct ocean access with dedicated beach service, two oceanfront swimming pools with attendant service, a state-of-the-art wellness center and spa, poolside cabanas, and 24-hour white-glove concierge and security. Positioned minutes from South Beach, Bal Harbour Shops, and fine dining.

GymFurnishedWaterfront

Rental terms

Pets: Allowed

Facts & features

Property type: Condo
Beds: 2
Baths: 2
Half baths: 1
Living area: 1,176 sqft

Rent & budget

Fits a household income of about

$680,000a year

By the usual guideline, rent takes no more than 30% of income before tax. Add yours to see how this rent fits.

Household income, yearly

Rent or buy

This rent would cover the monthly payment on a home around $2,528,000, with $505,600 down and taxes and insurance included. The median home in Miami Beach sold for $549,636 in Aug 2026.

How long you'd stay

Over 7 years, buying a $2,528,000 home would cost about $223,000 less than renting. Buying costs less once you stay 5 years or more.

Estimated total cost over 7 years

Renting: $1,563,000
Buying, after selling: $1,340,000

Home price

Down payment

Buying counts the cash you put in, the loan payments, taxes, insurance and upkeep, less what you'd keep from selling after paying off the loan. Assumes a 30-year loan at 7.28%, home values rising 3% and rents 3% a year, 1% of the home's value a year for upkeep, 3% to buy and 6% to sell, and that cash put into buying would otherwise earn 4% a year.

Guidelines only. The landlord decides what it takes to qualify. Consult a real estate professional and/or a financial advisor before making decisions.