South of Fifth 5-Unit Package at Villa Sofia 260 Collins Ave 5 Unit Apartment Building $4,699,856 CAD ($939,971 CAD/Unit) Miami Beach, FL 33139

South of Fifth Luxury Condo Investment – 5-Unit Portfolio in Villa Sofia
Presenting an exclusive opportunity to acquire a portfolio of five 1-bedroom residences in Villa Sofia, a one-of-a-kind luxury boutique condominium in Miami Beach’s most prestigious neighborhood, South of Fifth.
About Villa Sofia
Originally a Miami Beach landmark since 1959, Villa Sofia was completely rebuilt in 2018 and is now being reimagined into a modern luxury condominium with world-class amenities - Delivery scheduled for 2nd half of 2026. NO Rental Restrictions - Perfect for short term rentals with very little competition in ultra-desirable South of Fifth.
-Rooftop pool with ocean views
-Outdoor gym, bar, and gazebo lounge
-Secure entry and boutique building charm
-Steps from the beach, fine dining, and nightlife
With no rental restrictions, owners have complete flexibility—live in your residence, rent it short-term yourself, or partner with a professional management company for turnkey income.
Investment Package Highlights
5 Residences Total – 3 second-floor 1-bed/1-bath units (435 SF each) and 2 first-floor 1-bed/1-bath units with private balconies (444 SF interior + 69 SF balcony each)
Total Interior Area: 2,193 SF | Total Balcony: 138 SF
Projected Gross Annual Revenue: $343,366
Projected Gross Return: 10.10%
Projected Net Operating Income: $255,471
Projected Net Return: ~7.5% (after HOA, taxes, insurance)
Occupancy Rate (Pro Forma): 89%
Average Daily Rates: $201 (no balcony), $227 (balcony)
Package Price: $3,399,534
Why This Portfolio Works:
Location Premium – South of Fifth commands some of Miami’s highest rental rates and strongest appreciation trends.
Turnkey Like-New Construction – Fully renovated residences in a boutique luxury setting.
Income & Flexibility – No rental restrictions means maximizing yield with short-term or seasonal rentals.
Portfolio Advantage – Capture immediate cash flow plus long-term upside from property appreciation in one of Miami Beach’s most supply-constrained neighborhoods.
Opportunities like this—brand-new condo product in South of Fifth with projected double-digit gross returns—are rare and highly sought after.
For full financials, floor plans, and investment package details, contact: Zach Joslin at 561-222-5240/zach@brissigroup.com or Ben Brissi at 561-870-2211/ben@brissigroup.com