2301 Collins Ave 325, Miami Beach, FL 33139 — MLS photo

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2301 Collins Ave 325, Miami Beach, FL 33139

Active · Condominium

$1,100,000

2301 Collins Ave 325, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
850 sq ft
$ / sq ft
$1,294/sq ft
Year built
1926
Lot size
—
HOA fee
$1,548 Monthly
Annual tax
$12,343

About this property

Enjoy a lifestyle resort year around in one of the most desirable location in South th Beach .This is a huge 1 bedroom 1 bath w jacuzzi , granite countertops in kitchen and bath , Italian pocellanato throughout, New a/c unit . 24 Hrs valet and doorman . Entrance ,Lobby , Hallways redone .Sharing amenities with 5 starts 1 Hotel & Residencies . Close to Lincoln Rd ,theater ,museum and more. Investors alert is a short term rental building 30 day + with proper licensing . Easy to show .

Property location

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2301 Collins Ave 325, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
850 sq ft
Flooring
Other, Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
Electric
Interior features
Bathtub, Handicap Access, Elevator

Exterior & Structure

Property type
Condominium
Year built
1926
Stories
18
Architectural style
High Rise
Construction
Brick, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Heated
Waterfront
Ocean Access, Ocean Front
View
None, Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Covered

HOA, Community & Financials

Association fee
$1,548 Monthly
Fee inclusions
Association Management, Cable Tv, Insurance, Internet, Laundry, Maintenance Grounds, Parking, Pest Control, Pools, Sewer, Security, Trash, Water
Amenities
Business Center, Laundry, Pool, Trash, Elevators
Security
Key Card Entry, Lobby Secured, Security Guard
Pets allowed
Size Limit, Yes
Annual tax
$12,343
Subdivision
RONEY PALACE CONDO
County
Miami-Dade
Days on market
842
MLS listing ID
A11589015
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

-$4,333

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.9%
Gross yield
5.0%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$10,575

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