4391 Collins Ave 1501/1502, Miami Beach, FL 33140 — MLS photo

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4391 Collins Ave 1501/1502, Miami Beach, FL 33140

Active · Condominium

$2,250,000

4391 Collins Ave 1501/1502, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,118 sq ft
$ / sq ft
$2,013/sq ft
Year built
2008
Lot size
—
HOA fee
$1,954
Annual tax
—

About this property

Experience luxury at Fontainebleau III with 2 Jr. Suites featuring breathtaking ocean, bay, and pool views, connected by an interior lock-out door. These turnkey-furnished units offer 2 king beds, 2 sleeper sofas, and accommodations for up to 8 guests. Enjoy world-class amenities on 22 acres of Miami Beach, including award-winning restaurants, LIV nightclub, Lapis spa, a fitness center, and more. Optional hotel rental program provides income when you're away. Maintenance fees covers all utilities, valet, and daily free breakfast in the owner's lounge.

Property location

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4391 Collins Ave 1501/1502, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,118 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,954
County
Miami-Dade
MLS listing ID
A11668406
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

-$10,115

Cap rate
0.3%
Net yield
0.3%
Cash-on-cash return
-19.3%
Gross yield
4.4%
Mortgage payment
$10,666/mo
Down payment
$562,500
Loan amount
$1,687,500
Annual NOI
$6,612

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