1621 Collins Ave 302, Miami Beach, FL 33139 — MLS photo

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1621 Collins Ave 302, Miami Beach, FL 33139

Active · Condominium

$695,000

1621 Collins Ave 302, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
1,088 sq ft
$ / sq ft
$639/sq ft
Year built
1980
Lot size
—
HOA fee
$1,200
Annual tax
—

About this property

Beautiful boutique building in the heart of Miami Beach, on the ocean side. This 2 bed 2 bath spacious and bright unit with upgraded kitchen, tile floors, large patio/balcony. Condo features amenities, such as, pool, small gym, game room, security, access to the beach side road for running, biking or exercising etc. This property is located close to main South Beach attractions, many restaurants, bars and more. Apt is currently rented until end of Sept 2026 for $3500

Property location

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1621 Collins Ave 302, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,088 sq ft

Exterior & Structure

Property type
Condominium
Year built
1980

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,200
County
Miami-Dade
MLS listing ID
A11859888
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

-$2,517

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.5%
Gross yield
6.7%
Mortgage payment
$3,295/mo
Down payment
$173,750
Loan amount
$521,250
Annual NOI
$9,326

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