2301 Collins Ave 1030, Miami Beach, FL 33139 — MLS photo

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2301 Collins Ave 1030, Miami Beach, FL 33139

Active · Condominium

$749,000

2301 Collins Ave 1030, Miami Beach, FL 33139

Beds
0
Baths
1
Living area
600 sq ft
$ / sq ft
$1,248/sq ft
Year built
1926
Lot size
—
HOA fee
$1,382
Annual tax
—

About this property

Investor alert at 2301 Collins Ave! Direct 30-day minimum rental capability makes this the ultimate Miami Beach cash-flow asset. To leverage short-term rentals of less than 6 months, the new buyer simply needs to obtain their own BTR license. Perched on the 10th floor, Offered at a discount to account for its original condition, this unit is a blank canvas ready for your custom finishes. Capitalize on instant equity and high-yield seasonal rental income in one of South Beach's most desirable oceanfront addresses. Act fast—priced to sell immediately. Special Assessments of $147.08 p/month., will expire on April 2029. Maintenance fee $1,382.33 (including $88.73 for cable and Wi-Fi.) Thorough due diligence is required. See attachments please.

Property location

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2301 Collins Ave 1030, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
600 sq ft

Exterior & Structure

Property type
Condominium
Year built
1926

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,382
County
Miami-Dade
MLS listing ID
A11714985
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

-$3,729

Cap rate
-0.3%
Net yield
-0.3%
Cash-on-cash return
-21.3%
Gross yield
5.0%
Mortgage payment
$3,551/mo
Down payment
$187,250
Loan amount
$561,750
Annual NOI
-$2,146

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