2899 Collins Ave 1420, Miami Beach, FL 33140 — MLS photo

Get More Info About This Property

2899 Collins Ave 1420, Miami Beach, FL 33140

Active · Condominium

$399,000

2899 Collins Ave 1420, Miami Beach, FL 33140

Beds
1
Baths
1
Living area
600 sq ft
$ / sq ft
$665/sq ft
Year built
1966
Lot size
—
HOA fee
$450
Annual tax
—

About this property

OCEAN front building! Remodeled kitchen,bathroom, wood floors & recent A/C. Just painted! Huge walk in closet! Recent stove and dishwasher! Very large "L" shape studio apt converted to a 1 bedroom!Beautiful sunsets and panoramic views from your balcony of the intracoastal, downtown and city. Recent porcelain floors in kitchen and bathrooms. Parking spaces available at a yearly fee thru management office! Pets permitted with proper documentation as per the Association. Live in Paradise with the ocean just steps from your door & walking distance to Lincoln Rd. shops, restaurants, theaters. Triton offers two pools, gym, social room, 24-hour security. The 50 year re-certification done: New impact windows! **OWNER FINANCING AVAILABLE!*Tenants till June 2027**

Property location

Get Directions

2899 Collins Ave 1420, Miami Beach, FL 33140

Loading property location…

Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
600 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$450
County
Miami-Dade
MLS listing ID
A11856475
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

-$1,247

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.4%
Gross yield
6.5%
Mortgage payment
$1,891/mo
Down payment
$99,750
Loan amount
$299,250
Annual NOI
$7,738

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