5445 Collins Ave TH2, Miami Beach, FL 33140 — MLS photo

Active · Condominium

$4,500,000

5445 Collins Ave TH2, Miami Beach, FL 33140

Beds: 4
Baths: 4
Living area: 1,460 sq ft
$ / sq ft: $3,082/sq ft
Year built: 1966
Lot size: —
HOA fee: $3,496 Monthly
Annual tax: $7,063

About this property

unique property on the beach, 4 beds 4 baths direct ocean front Townhouse with big terrace (aprox 24 SF Patio) board walk, washer/dryer. Jacuzzi. Patio steps from the ocean, garden, valet Impact windows, all amenities included(Water, electricity, cable, internet, Valet)

Property location

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5445 Collins Ave TH2, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms: 4
Bathrooms: 4
Living area: 1,460 sq ft
Flooring: Hardwood, Marble, Wood
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling: Central Air
Heating: Central
Interior features: Bedroom On Main Level, Second Floor Entry, Kitchen Dining Combo, Pantry, Separate Shower, Upper Level Primary

Exterior & Structure

Property type: Condominium
Year built: 1966
Stories: 18
Architectural style: Cluster Home
Construction: Block
Exterior features: Barbecue, Deck, Security High Impact Doors, Patio, Tennis Courts
Pool: Association
Waterfront: Ocean Access, Ocean Front
View: Ocean, Water

Parking

Garage spaces: 2
Covered spaces: 2
Parking features: Two Or More Spaces

HOA, Community & Financials

Association fee: $3,496 Monthly
Fee inclusions: Association Management, Amenities, Common Areas, Cable Tv, Electricity, Hvac, Hot Water, Insurance, Internet, Maintenance Structure, Parking, Pools, Security, Trash, Water
Amenities: Fitness Center, Barbecue, Picnic Area, Pool, Tennis Courts, Trash, Elevators
Security: Lobby Secured, Security Guard, Fire Sprinkler System, Smoke Detectors
Pets allowed: Size Limit, Yes
Annual tax: $7,063
Subdivision: CASTLE BEACH CLUB CONDO
County: Miami-Dade
Days on market: 506
MLS listing ID: A11541348
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.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

-$14,539

Cap rate: 1.8%
Net yield: 1.8%
Cash-on-cash return: -13.8%
Gross yield: 4.0%
Mortgage payment: $21,332/mo
Down payment: $1,125,000
Loan amount: $3,375,000
Annual NOI: $81,517

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