5445 Collins Ave 1735, Miami Beach, FL 33140 — MLS photo

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5445 Collins Ave 1735, Miami Beach, FL 33140

Active · Condominium

$525,000

5445 Collins Ave 1735, 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
$5,516

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 1735, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
430 sq ft
Flooring
Ceramic Tile
Appliances
Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Other, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1966
Stories
22
Architectural style
Other
Construction
Block
Exterior features
Balcony
Pool
Association, Heated
Waterfront
Ocean Access, Ocean Front
View
Ocean

Parking

Garage spaces
0
Covered spaces
0
Parking features
Covered, One Space, Valet

HOA, Community & Financials

Association fee
$0 Monthly
Fee inclusions
Cable Tv, Sewer, Trash, Water
Amenities
Pool, Tennis Courts, Elevators
Security
Closed Circuit Cameras, Lobby Secured
Pets allowed
No
Annual tax
$5,516
Subdivision
CASTLE BEACH CLUB CONDO
County
Miami-Dade
Days on market
619
MLS listing ID
A11595490
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

-$1,258

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.3%
Gross yield
5.1%
Mortgage payment
$2,489/mo
Down payment
$131,250
Loan amount
$393,750
Annual NOI
$14,763

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