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 Monthly
Annual tax
$8,398

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
Flooring
Carpet, Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Separate Shower, Walk In Closets, Bar

Exterior & Structure

Property type
Condominium
Year built
1926
Stories
17
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association
Waterfront
Ocean Front
View
Canal, Intercoastal, Skyline

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Valet

HOA, Community & Financials

Association fee
$1,382 Monthly
Fee inclusions
Amenities, Pools
Amenities
Elevators, Fitness Center, Laundry, Pool, Trash
Security
Closed Circuit Cameras, Door Man, Elevator Secured, Secured Garage Parking, Key Card Entry, Lobby Secured
Pets allowed
Conditional, Yes
Annual tax
$8,398
Subdivision
RONEY PALACE CONDO
County
Miami-Dade
Days on market
664
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

-$3,243

Cap rate
0.5%
Net yield
0.5%
Cash-on-cash return
-18.6%
Gross yield
5.0%
Mortgage payment
$3,551/mo
Down payment
$187,250
Loan amount
$561,750
Annual NOI
$3,687

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