Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 960 sq ft
Active · Condominium
$460,000
5601 Collins Ave 615, Miami Beach, FL 33140
- Beds
- 1
- Baths
- 2
- Living area
- 960 sq ft
- $ / sq ft
- $479/sq ft
- Year built
- 1968
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Beautiful and spacious unit facing the intracoastal with a breathtaking view to the Bay. This unit is a corner unit, 960 Square feet with a huge one bedroom containing two queen sized beds and one and a half bathrooms, and a formal kitchen with an independent door to the hallway. The Unit is being sold completely furnished and equipped for your convenience and comfort. Short rentals are allowed in this building making this apartment an income producing asset or a paradise for an endless vacation. There is a present special assessment in place for all the updatings to make this building a more desirable acquisition.
Property location
Get Directions5601 Collins Ave 615, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1968
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $0
- County
- Miami-Dade
- MLS listing ID
- A11797239
- 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
-$484
- Cap rate
- 4.4%
- Net yield
- 4.4%
- Cash-on-cash return
- -4.5%
- Gross yield
- 7.8%
- Mortgage payment
- $2,181/mo
- Down payment
- $115,000
- Loan amount
- $345,000
- Annual NOI
- $20,364
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.