4391 Collins Ave 1415, Miami Beach, FL 33140 — MLS photo

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4391 Collins Ave 1415, Miami Beach, FL 33140

Active · Condominium

$852,000

4391 Collins Ave 1415, Miami Beach, FL 33140

Beds
0
Baths
1
Living area
521 sq ft
$ / sq ft
$1,635/sq ft
Year built
2008
Lot size
—
HOA fee
$945
Annual tax
—

About this property

Beautiful Jr Suite w/ocean & pool views at The Fontainebleau III. Enjoy full service, vacation-style living in a furnished turnkey unit with king bed, sleeper sofa & more. Enroll in hotel rental program & receive income while away! The Fontainebleau Resort offers luxury amenities on 22 oceanfront acres including award-winning restaurants, LIV night club, Lapis spa & state-of-the-art fitness center. Maintenance includes: AC, local calls, electricity, valet + daily free breakfast in the owners lounge. Please click virtual tour link to view video.

Property location

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4391 Collins Ave 1415, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
521 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$945
County
Miami-Dade
MLS listing ID
A11768339
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

-$3,877

Cap rate
0.2%
Net yield
0.2%
Cash-on-cash return
-19.5%
Gross yield
4.6%
Mortgage payment
$4,039/mo
Down payment
$213,000
Loan amount
$639,000
Annual NOI
$1,943

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