2899 Collins Ave 1218, Miami Beach, FL 33140 — MLS photo

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2899 Collins Ave 1218, Miami Beach, FL 33140

Active · Condominium

$515,000

2899 Collins Ave 1218, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
797 sq ft
$ / sq ft
$646/sq ft
Year built
1966
Lot size
—
HOA fee
$580
Annual tax
—

About this property

COMPLETELY REDONE. GREAT BALCONY AREA WITH SPECTACULAR CITY VIEWS & IMPACT GLASS THROUGHOUT. CLOSE TO RESTAURANTS, SHOPS & TRANSPORTATION. OCEANFRONT BUILDING.

Property location

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2899 Collins Ave 1218, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
797 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$580
County
Miami-Dade
MLS listing ID
A11795985
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

-$1,571

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.1%
Gross yield
6.6%
Mortgage payment
$2,441/mo
Down payment
$128,750
Loan amount
$386,250
Annual NOI
$10,441

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