6061 Collins Ave 7D, Miami Beach, FL 33140 — MLS photo

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6061 Collins Ave 7D, Miami Beach, FL 33140

Active · Condominium

$1,100,000

6061 Collins Ave 7D, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,415 sq ft
$ / sq ft
$777/sq ft
Year built
1982
Lot size
—
HOA fee
$855
Annual tax
—

About this property

Highly sought after building on Millionaire's Road in Miami Beach with direct ocean access and boardwalk. Only 3 units per floor. Gorgeous and bright renovated ocean front unit. Unit consists of Two large bedrooms, two full bathrooms, open concept kitchen, washer & dryer, spacious two balconies with exceptional views, new Hurricane impact windows and sliding doors, storage area, and underground parking. Amazing amenities! 24 hours concierge, brand new elevators, new fitness center, heated pool. This spacious 2 bedroom / 2 bathroom features 1,415 SQF under air plus 900 SQF of direct ocean front balconies giving you panoramic views of the Ocean by day and City lights by night.

Property location

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6061 Collins Ave 7D, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,415 sq ft

Exterior & Structure

Property type
Condominium
Year built
1982

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$855
County
Miami-Dade
MLS listing ID
A11802156
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

-$3,438

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.4%
Gross yield
6.1%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$21,318

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