5151 Collins Ave 629, Miami Beach, FL 33140 — MLS photo

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5151 Collins Ave 629, Miami Beach, FL 33140

Active · Condominium

$599,900

5151 Collins Ave 629, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,000 sq ft
$ / sq ft
$600/sq ft
Year built
1966
Lot size
—
HOA fee
$1,026 Monthly
Annual tax
$7,276

About this property

SELLER TO PAY SPECIAL ASSESSMENT OF $38,349.00 AT CLOSING. 40 & 50 YEAR RE-CERTIFICATIONS COMPLETE! STRUCTURAL INTEGRITY RESERVE STUDY COMPLETE! FULLY FUNDED GENERAL & STRUCTURAL RESERVES! Quality of life is what we all want and it’s here for you now! light and airy remodeled residence with a calm and inviting atmosphere. Nicely remodeled kitchen w/granite counters back splash, stainless steel appliances, under cabinet lighting & open pass-thru, and remodeled baths. Living area features a full glass wall to glass faced balcony with partial ocean and Indian Creek views. Seacoast, outstanding building on millionaire’s row, features Morris Lapidus architecture, grand lobby, 6000 SqFt fitness center, direct beach & Beachwalk access & full time beach attendants. Call today!

Property location

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5151 Collins Ave 629, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,000 sq ft
Flooring
Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
None
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
Condominium
Year built
1966
Stories
17
Architectural style
High Rise
Construction
Block
Exterior features
Storm Security Shutters
Pool
Association, Heated
Waterfront
Ocean Front
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, One Space, Valet

HOA, Community & Financials

Association fee
$1,026 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Hot Water, Internet, Maintenance Structure, Parking, Pest Control, Pools, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Marina, Bike Storage, Clubhouse, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Spa Hot Tub, Trash, Elevators
Security
Secured Garage Parking, Lobby Secured, Security Guard, Smoke Detectors
Pets allowed
No, Yes
Annual tax
$7,276
Subdivision
SEACOAST 5151 CONDO
County
Miami-Dade
Days on market
636
MLS listing ID
A11646123
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

-$1,721

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.3%
Gross yield
6.9%
Mortgage payment
$2,844/mo
Down payment
$149,975
Loan amount
$449,925
Annual NOI
$13,473

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