Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,030 sq ft
Active · Condominium
$490,000
5700 Collins Ave 5B, Miami Beach, FL 33140
- Beds
- 2
- Baths
- 2
- Living area
- 1,030 sq ft
- $ / sq ft
- $476/sq ft
- Year built
- 1968
- Lot size
- —
- HOA fee
- $1,626
- Annual tax
- —
About this property
Miami Beach 2 bed/2 full bath. Fully Furnished and Investor Ready. Split floor plan with partial ocean views on Millionaire's row, Collins Ave, just across the street from the Beach. Other features include beautiful white tile throughout with a nice open kitchen, oversized balcony, hurricane windows in the bedrooms and 1 assigned parking space. Maintenance fee includes A/C, water, high-speed internet, and free Wi-Fi common areas. Building has been well maintained and renovated through the years, and the building has passed its 40 year inspection. Amenities include: valet, 24/7 front desk concierge, business center, multi-media room, state-of-the art exercise room, sauna, barbecue area and pool facing the intercoastal. Two pets are welcome without weight restrictions.
Property location
Get Directions5700 Collins Ave 5B, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1968
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,626
- County
- Miami-Dade
- MLS listing ID
- A11698216
- 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
-$2,129
- Cap rate
- 0.5%
- Net yield
- 0.5%
- Cash-on-cash return
- -18.6%
- Gross yield
- 7.8%
- Mortgage payment
- $2,323/mo
- Down payment
- $122,500
- Loan amount
- $367,500
- Annual NOI
- $2,330
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.