5225 Collins Ave 510, Miami Beach, FL 33140 — MLS photo

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5225 Collins Ave 510, Miami Beach, FL 33140

Active · Condominium

$479,000

5225 Collins Ave 510, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
960 sq ft
$ / sq ft
$499/sq ft
Year built
1962
Lot size
—
HOA fee
$1,807
Annual tax
—

About this property

Beautiful 2 bed/2 bath at The Alexander, fully renovated with marble floors, modern kitchen, updated baths, and ocean-view balcony. No rental restrictions—Airbnb allowed. Located directly on the sand. Just minutes from South Beach, restaurants, nightlife, and attractions. Resort-style amenities includes 2 heated pools (1 adults-only), 2 hot tubs, new fitness center, steam room, sauna, direct beach access, concierge, Wi-Fi throughout, and on-site dining. Maintenance fees include electricity, cable, wi-fi, and air conditioning. Ideal for personal use or short-term rental investment.

Property location

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5225 Collins Ave 510, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
960 sq ft

Exterior & Structure

Property type
Condominium
Year built
1962

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,807
County
Miami-Dade
MLS listing ID
A11844724
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

-$2,375

Cap rate
-0.3%
Net yield
-0.3%
Cash-on-cash return
-21.2%
Gross yield
7.6%
Mortgage payment
$2,271/mo
Down payment
$119,750
Loan amount
$359,250
Annual NOI
-$1,252

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