Bienvenidos a Miami: Splurge or Steal, We Have the Miami Beach Views

MiamiMiami and Miami Beach have a bit of a reputation — thanks in part to the celebrities that have second (or third, or fourth) homes in the area — of being where you go for luxury beach living.

And luxury, as we all know, doesn’t come cheap. But for this week’s Splurge Vs. Steal, we’re heading to Miami Beach, the city connected only by bridges to mainland Miami, where the prices vary as widely as the beaches, and the southern end — South Beach — is nearly synonymous with models and celebrities.

We have a gorgeous beachfront condo with luxurious amenities thanks to its affiliation with a luxury hotel, and a more modest option that is much lower in price point, but ripe for becoming that blank slate ready for your modern touches. Which one will you pick?

Luxury Condo With Hotel Amenities and Ocean Views

This four-bedroom, five-and-a-half bath condo in Faena House has 4,165 square feet of luxe living space, all designed by Foster+Partners, and it’s been designed and furnished by Christian Liaigre, meaning it’s truly lock-and-leave glamour at its best.

Throughout the home, upgrades abound, from the Venetian plaster walls and ceiling, to the kitchen by Molteni with Miele appliances, to the bathrooms by Permasteelisa.

A continuous balcony wraps around the entire apartment, providing even more living space. Want to hit the beach, the pool, see a show, have dinner, or hit the spa? Residents of Faena House have access to the amenities at the adjacent five-star Faena Hotel, including its private beach.

Oren Alexander with Douglas Elliman has listed 3315 Collins Avenue, #14B for $15.5 million.

Oceanfront Bargain on ‘Millionaire’s Row’ Ready for an Update

Located on “Millionaire’s Row” in Miami Beach, this two-bedroom, two-bath condo has amenities galore — private direct beach access, barbecue Tiki huts, a playground, game rooms, valet, 24-hour concierge, a large heated pool, exercise rooms, and more.

But the 1,290 square foot condo is also a bit in need of some updating (but good news, as you’ll see, the price point totally allows for that, especially when you consider you’re on Miami Beach). It has a spacious master bedroom with two large walk-in closets, a large master bath, and another bedroom that can function as that, or as a den.

A large balcony offers city and intracoastal views, too.

All things considered, even if you completely renovated this condo, you’d still be in an ocean-front unit with a private beach on Miami Beach for a fraction of the price of our Splurge.

Vilma M. Natale with Keller Williams Coral Gables-Coconut Grove has listed 6039 Collins Avenue, #635 for $$304,900.