Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 480 sq ft
Active · Condominium
$325,000
361 Collins Ave A2, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 480 sq ft
- $ / sq ft
- $677/sq ft
- Year built
- 1937
- Lot size
- —
- HOA fee
- $342
- Annual tax
- —
About this property
Great investment opportunity in South Beach. This charming 1/1 condo in a boutique building is nestled in the heart of South Beach's most desirable neighborhood, South Point. With its prime location one block for the open and SP park, pool-facing views, and ample natural light, this unit offers endless possibilities for the discerning buyer. This unit is perfect to be renovated to your desire. Unit Highlights: Open kitchen, large closets, central AC.
Property location
Get Directions361 Collins Ave A2, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1937
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $342
- County
- Miami-Dade
- MLS listing ID
- A11793346
- 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
-$1,005
- Cap rate
- 2.0%
- Net yield
- 2.0%
- Cash-on-cash return
- -13.2%
- Gross yield
- 6.5%
- Mortgage payment
- $1,541/mo
- Down payment
- $81,250
- Loan amount
- $243,750
- Annual NOI
- $6,432
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.