Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,030 sq ft
Active · Condominium
$700,000
5151 Collins Ave 925, Miami Beach, FL 33140
- Beds
- 2
- Baths
- 2
- Living area
- 1,030 sq ft
- $ / sq ft
- $680/sq ft
- Year built
- 1966
- Lot size
- —
- HOA fee
- $1,057
- Annual tax
- —
About this property
Price Reduced – Motivated Seller! Oceanfront Condo in Miami Beach** This architectural gem, designed by the iconic Morris Lapidus, offers stunning ocean views and breathtaking sunsets from its balcony. The remodeled unit features 1,030 square feet, 2 spacious bedrooms, 2 bathrooms, a modern kitchen with quartz countertops and stainless steel appliances, along with a brand-new air conditioning system. The building has completed its 40-50 year recertification, ensuring safety and structural integrity. Luxury amenities include direct beach access, a gym, common areas, assigned parking, valet parking, and 24-hour security. The association fee includes air conditioning, basic cable, and internet.
Property location
Get Directions5151 Collins Ave 925, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1966
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,057
- County
- Miami-Dade
- MLS listing ID
- A11663338
- 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
-$2,491
- Cap rate
- 1.4%
- Net yield
- 1.4%
- Cash-on-cash return
- -15.3%
- Gross yield
- 6.5%
- Mortgage payment
- $3,318/mo
- Down payment
- $175,000
- Loan amount
- $525,000
- Annual NOI
- $9,929
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.