5445 Collins Ave 1135, Miami Beach, FL 33140 — MLS photo

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5445 Collins Ave 1135, Miami Beach, FL 33140

Active · Condominium

$525,000

5445 Collins Ave 1135, Miami Beach, FL 33140

Beds
0
Baths
1
Living area
430 sq ft
$ / sq ft
$1,221/sq ft
Year built
1966
Lot size
—
HOA fee
—
Annual tax
—

About this property

Condo Hotel Airbnb Approved. Stunning oceanfront building, Oceanview and direct beach access. Offers an ideal investment opportunity with Airbnb friendly policies, allowing owners to capitalize on the lucrative vacation rental market. The condo maintenance includes all utilities and exterior insurance. The building has a fitness center, tiki bar, stores, restaurants, tennis courts, and 24-hour security for check in. Come step inside and enjoy the vibrant Miami Beach lifestyle. And rent the apartment when you are gone.

Property location

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5445 Collins Ave 1135, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
430 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Miami-Dade
MLS listing ID
A11595417
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

-$1,630

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.3%
Gross yield
5.1%
Mortgage payment
$2,489/mo
Down payment
$131,250
Loan amount
$393,750
Annual NOI
$10,304

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