865 Collins Ave 207, Miami Beach, FL 33139 — MLS photo

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865 Collins Ave 207, Miami Beach, FL 33139

Active · Condominium

$289,000

865 Collins Ave 207, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
510 sq ft
$ / sq ft
$567/sq ft
Year built
1954
Lot size
—
HOA fee
$392 Monthly
Annual tax
$4,838

About this property

Income-producing opportunity in the heart of South Beach! 1-bedroom, 1-bath residence is ideal as a vacation home, seasonal retreat, or investment property. The unit currently holds a City of Miami Beach short-term rental license and Airbnb registration, offering a rare opportunity for buyers seeking rental income potential. Features include a bright open layout, granite countertops, stainless steel appliances, breakfast bar, large walk-in closet, pull-out sofa for additional guests, and brand-new impact windows throughout. Prime Collins Avenue location in the iconic Art Deco District, just one block from the beach, Ocean Drive, and Lummus Park, with world-class dining, shopping, and nightlife nearby.

Property location

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865 Collins Ave 207, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
510 sq ft
Flooring
Tile
Appliances
Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Bedroom On Main Level, Second Floor Entry, Elevator, Living Dining Room, Shower Only, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1954
Stories
3
Construction
Block
Exterior features
Security High Impact Doors
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
Other, On Street

HOA, Community & Financials

Association fee
$392 Monthly
Fee inclusions
Association Management, Hot Water, Insurance, Laundry, Maintenance Structure, Reserve Fund, Sewer, Trash, Water
Amenities
Laundry, Trash, Elevators
Security
Elevator Secured, Other, Phone Entry
Pets allowed
Conditional, Yes
Annual tax
$4,838
Subdivision
THE SKYLARK CONDO
County
Miami-Dade
Days on market
355
MLS listing ID
A11864056
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

-$792

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.7%
Gross yield
7.1%
Mortgage payment
$1,370/mo
Down payment
$72,250
Loan amount
$216,750
Annual NOI
$6,935

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