4391 Collins Ave 1605, Miami Beach, FL 33140 — MLS photo

Get More Info About This Property

4391 Collins Ave 1605, Miami Beach, FL 33140

Active · Condominium

$1,195,000

4391 Collins Ave 1605, Miami Beach, FL 33140

Beds
0
Baths
1
Living area
544 sq ft
$ / sq ft
$2,197/sq ft
Year built
2008
Lot size
—
HOA fee
$937 Monthly
Annual tax
$10,927

About this property

Located at the iconic Fontainebleau Resort. This lovely Jr Suite offers breathtaking views of the ocean with north and east views from a private balcony with unlimited views of the hotel pool and grounds. Unit includes turnkey furnishings with a king bed plus a sleeper sofa for additional guests. The Fontainebleau Resort offers fantastic restaurants located off the breathtaking pool surrounded by cabanas on the 22 oceanfront acres in Miami Beach, & notable fine-dining restaurants, a fabulous artisanal bakery & gelato cafe, a legendary bar situated in the main hotel lobby, shops, & so much more. Owner has the option of placing the property in the Hotel Program as income property. Owners enjoy access to Lapis Spa, amenities that include a private lounge exclusively for owners.

Property location

Get Directions

4391 Collins Ave 1605, Miami Beach, FL 33140

Loading property location…

Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
544 sq ft
Flooring
Carpet, Marble
Appliances
Ice Maker, Microwave, Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Entrance Foyer, First Floor Entry, Bar
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2008
Stories
19
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Heated
Waterfront
Ocean Front
View
Ocean, Pool

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Garage, One Space, Valet

HOA, Community & Financials

Association fee
$937 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Electricity, Hot Water, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Sewer, Security, Water
Amenities
Business Center, Clubhouse, Community Kitchen, Fitness Center, Other, Playground, Pool, Spa Hot Tub, Trails
Security
Elevator Secured, Secured Garage Parking, Key Card Entry, Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, No
Annual tax
$10,927
Subdivision
FONTAINEBLEAU III Sorrento
County
Miami-Dade
Days on market
449
MLS listing ID
A11848493
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

-$4,371

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.7%
Gross yield
4.3%
Mortgage payment
$5,665/mo
Down payment
$298,750
Loan amount
$896,250
Annual NOI
$15,526

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