2401 Collins Ave 1011, Miami Beach, FL 33140 — MLS photo

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2401 Collins Ave 1011, Miami Beach, FL 33140

Active · Condominium

$669,000

2401 Collins Ave 1011, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,121 sq ft
$ / sq ft
$597/sq ft
Year built
1980
Lot size
—
HOA fee
$1,238
Annual tax
—

About this property

With 1,121 sq ft, this stunning residence features a bright, open living area that flood the space with natural light. The modern kitchen is complete with top-of-the-line stainless steel appliances, sleek countertops, and ample cabinet space. Primary bedroom is generously sized, offering plenty of closet space and serene water views. Second room can be used as a Den/office/bedroom. Step out onto your private balcony to enjoy breathtaking views and fresh ocean breezes. Situated in the heart of Miami Beach, enjoy the beach, fine dining, and vibrant nightlife. Great investment opportunity with 90 day min rental. Schedule your private showing today! Building already passed 40 year recertification. Video available upon request

Property location

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2401 Collins Ave 1011, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,121 sq ft

Exterior & Structure

Property type
Condominium
Year built
1980

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,238
County
Miami-Dade
MLS listing ID
A11828578
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

-$2,387

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.3%
Gross yield
6.9%
Mortgage payment
$3,171/mo
Down payment
$167,250
Loan amount
$501,750
Annual NOI
$9,416

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