5161 Collins Ave 1610, Miami Beach, FL 33140 — MLS photo

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5161 Collins Ave 1610, Miami Beach, FL 33140

Active · Condominium

$499,000

5161 Collins Ave 1610, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
930 sq ft
$ / sq ft
$537/sq ft
Year built
1966
Lot size
—
HOA fee
$948
Annual tax
—

About this property

40 & 50 YEAR CERTIFICATIONS COMPLETE! OVER $3MILLION IN RESERVES! Completely remodeled spacious 1BR 1.5 Bath fully furnished oceanfront residence. Marble floors thru-out. The spacious living area w/recessed lighting, large picture window and a magnificent hi-floor long distance horizon view. Quality of life is here for you! The open kitchen features custom wood cabinetry w/stainless steel pulls, mosaic backsplash, under cab lighting, granite counters & stainless-steel appliances. large Master Suite with room enough for 2 queen beds, features recessed lighting, blinds plus black out curtains, 2 walking closes & lavish Master Bath. Seacoast, the most sought-after building on millionaire’s row.

Property location

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5161 Collins Ave 1610, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
930 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$948
County
Miami-Dade
MLS listing ID
A11493047
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

-$1,653

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.2%
Gross yield
7.3%
Mortgage payment
$2,366/mo
Down payment
$124,750
Loan amount
$374,250
Annual NOI
$8,547

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