5445 Collins Ave TH-11, Miami Beach, FL 33140 — MLS photo

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5445 Collins Ave TH-11, Miami Beach, FL 33140

Active · Condominium

$1,255,000

5445 Collins Ave TH-11, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
— sq ft
$ / sq ft
—
Year built
1966
Lot size
—
HOA fee
$1,815
Annual tax
—

About this property

Unique in Miami Beach!!! Direct Ocean Views! Beautiful two story townhouse with an oversized private beach terrace bbq, outdoor dining giving directly to the boardwalk and the sand. One bedroom upstairs with master bathroom, and 2 sleeping sofas with bathroom and laundry room at beach level; Sleeps 6, fully renovated. All the utilities are included in the maintenance fee and no rental restrictions whatsoever (daily rentals are welcomed). 1 valet parking is included for you and your guests. No resort fees! It's a stress free money machine. No other property in Miami Beach is closer to the sand, incredible ocean views from both stories! Don't miss it!

Property location

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5445 Collins Ave TH-11, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,815
County
Miami-Dade
MLS listing ID
A11764315
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

-$4,271

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.6%
Gross yield
6.6%
Mortgage payment
$5,949/mo
Down payment
$313,750
Loan amount
$941,250
Annual NOI
$20,142

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