5151 Collins Ave 1035, Miami Beach, FL 33140 — MLS photo

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5151 Collins Ave 1035, Miami Beach, FL 33140

Active · Condominium

$1,100,000

5151 Collins Ave 1035, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,030 sq ft
$ / sq ft
$1,068/sq ft
Year built
1966
Lot size
—
HOA fee
$1,057
Annual tax
—

About this property

Stunning Direct Ocean views from every window! Turn-key Upgraded 2 BED + 2 BATHS at the legendary Seacoast Condo built by iconic architect Morris Lapidus. Features natural limestone floors, brand new furniture & lighting, led lighting in bathrooms, large walking closet, 1 parking included. 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 and Tikki bar area, lounge chairs & umbrellas service at the beach and two new barbecues cabanas. There is a grocery market at the lobby area and an events ballroom. Private boat dock marinas. Min 30-day rentals. Equal Housing Opportunity.

Property location

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5151 Collins Ave 1035, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,030 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,057
County
Miami-Dade
MLS listing ID
A11474837
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

-$4,264

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.6%
Gross yield
5.3%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$11,409

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