Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,030 sq ft
Active · Condominium
$1,100,000
5151 Collins Ave 1519, Miami Beach, FL 33140
- Beds
- 2
- Baths
- 2
- Living area
- 1,030 sq ft
- $ / sq ft
- $1,068/sq ft
- Year built
- 1966
- Lot size
- —
- HOA fee
- $1,087
- Annual tax
- —
About this property
Completely renovated condo with high- end designer finishes throughout .Experience elevated coastal living in this renovated 2-bed, 2-bath oceanfront residence at the iconic Seacoast Condo by famed architect Morris Lapidus.Designed to emphasize light, space, and sweeping sea views, the open layout features sliding pocket doors in the second bedroom,revealing custom cabinetry and a space-saving Murphy bed.Located on prestigious Millionaire’s Row, this income-producing property allows monthly rentals.Lagoon-style pool, full fitness center,tiki café,beachside service with lounge chairs and umbrellas,plus boardwalk access.Direct ocean views from every room! Unit is tenant occupied. Tenant occupied, please 24hour notice
Property location
Get Directions5151 Collins Ave 1519, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1966
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,087
- County
- Miami-Dade
- MLS listing ID
- A11853557
- 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
-$4,294
- Cap rate
- 1.0%
- Net yield
- 1.0%
- Cash-on-cash return
- -16.7%
- Gross yield
- 5.3%
- Mortgage payment
- $5,215/mo
- Down payment
- $275,000
- Loan amount
- $825,000
- Annual NOI
- $11,049
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.