5161 Collins Ave 309, Miami Beach, FL 33140 — MLS photo

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5161 Collins Ave 309, Miami Beach, FL 33140

Active · Condominium

$430,000

5161 Collins Ave 309, Miami Beach, FL 33140

Beds
1
Baths
1
Living area
610 sq ft
$ / sq ft
$705/sq ft
Year built
1966
Lot size
—
HOA fee
$629
Annual tax
—

About this property

This is a Turnkey, fully remodeled 1 BEDROOM + DEN /1 BATH at the legendary Seacoast Condo built by iconic architect Morris Lapidus. This beautiful and bright unit features white glass title floors, soffit led lighting throughout, spacious open kitchen with wood cabinets, granite backsplash and countertops. Plenty of closet space. Situated in the heart of Miami Beach on "Millionaires Row" Seacoast Condo has 4 acres of vast grounds featuring one majestic fountain lobby, a 6,000 SQFT state of the art gym, pristine gardens at the pool and tiki bar area, lounge chairs & umbrellas service at the beach and two brand new barbecues cabanas. There is a grocery market at the lobby area and an events ballroom. 1 parking Inc. Private boat dock marinas. Min 30-day rentals. No special assessment.

Property location

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5161 Collins Ave 309, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
610 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$629
County
Miami-Dade
MLS listing ID
A11245418
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,546

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.4%
Gross yield
6.4%
Mortgage payment
$2,038/mo
Down payment
$107,500
Loan amount
$322,500
Annual NOI
$5,907

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.