Cays Realty
5601 Collins Ave 1514, Miami Beach, FL 33140 — MLS photo

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5601 Collins Ave 1514, Miami Beach, FL 33140

Active · Condominium

$670,000

5601 Collins Ave 1514, Miami Beach, FL 33140

Beds
3
Baths
2
Living area
1,280 sq ft
$ / sq ft
$523/sq ft
Year built
1968
Lot size
—
HOA fee
$1,556 Monthly
Annual tax
$6,680

About this property

A Beautiful remodeled THREE BEDROOM (2BA) corner Unit. Enjoy both the ocean and city views. Ocean front building with private access to the beach. It is one of the few buildings in the area that allows short-term rentals. Right at the brand-new pedestrian walkway connecting Miami Beach from South Beach to North Beach.

Property location

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5601 Collins Ave 1514, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,280 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Family Dining Room, Pantry
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1968
Stories
18
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association
Waterfront
Ocean Access, Ocean Front
View
City, Intercoastal, Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, One Space, Valet

HOA, Community & Financials

Association fee
$1,556 Monthly
Fee inclusions
Common Areas, Cable Tv, Insurance, Laundry, Maintenance Structure, Other
Amenities
Business Center, Clubhouse, Fitness Center, Laundry, Pool, Trails, Trash, Elevators
Security
Elevator Secured, Key Card Entry, Lobby Secured, Smoke Detectors
Pets allowed
No
Annual tax
$6,680
Subdivision
THE PAVILION CONDO
County
Miami-Dade
Days on market
842
MLS listing ID
A11463255
Listing status
Active

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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

-$1,947

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.5%
Gross yield
7.4%
Mortgage payment
$3,176/mo
Down payment
$167,500
Loan amount
$502,500
Annual NOI
$14,746

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