5161 COLLINS AVE 1403, Miami Beach, FL 33140 — MLS photo

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5161 COLLINS AVE 1403, Miami Beach, FL 33140

Active · Condominium

$980,000

5161 COLLINS AVE 1403, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,030 sq ft
$ / sq ft
$951/sq ft
Year built
1966
Lot size
—
HOA fee
—
Annual tax
—

About this property

Luxurious fully renovated 2BED/2BATH at the legendary Seacoast Condo by architect Morris Lapidus. Enjoy beautiful partial ocean and intracoastal views in this turnkey unit! This modern minimalist residence features soffit lighting integrated, 32x32 Porcelain floors, open kitchen and living room format, quartz countertops and backsplash, brand new appliances, double sink vanities in the master bath and new window treatments. Situated in the heart of Miami Beach on "Millionaires Row" Seacoast has 5 acres of vast grounds featuring one majestic fountain lobby, a 6,000 SQFT state of the art gym, pristine gardens at the pool, tiki bar area, beach attendance, brand new cabanas.

Property location

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5161 COLLINS AVE 1403, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,030 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
A11697860
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

-$2,675

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.7%
Gross yield
5.6%
Mortgage payment
$4,646/mo
Down payment
$245,000
Loan amount
$735,000
Annual NOI
$23,649

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