Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 960 sq ft
Active · Condominium
$650,000
5225 Collins Avenue 1408, Miami Beach, FL 33140
- Beds
- 2
- Baths
- 2
- Living area
- 960 sq ft
- $ / sq ft
- $677/sq ft
- Year built
- 1962
- Lot size
- —
- HOA fee
- $2,500
- Annual tax
- —
About this property
AIRBNB PERMITTED - AMAZING INVESTMENT OPPORTUNITY IN MIAMI BEACH! TURNKEY - MOVE RIGHT IN OR START RENTING IMMEDIATELY. MOTIVATED SELLER. FULLY UPDATED 2 bedroom, 2 bathroom condo for sale - EVERYTHING IS BRAND NEW. SOLD FULLY FURNISHED. - Brand New A/c. Updated electrical. Modern finishes throughout. Direct BEACH ASSESS and resort style amenities. This is TRULY a rare opportunity for investors looking for high income potential in MIAMI BEACH.
Property location
Get Directions5225 Collins Avenue 1408, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1962
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $2,500
- County
- Miami-Dade
- MLS listing ID
- R11122020
- 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
-$3,825
- Cap rate
- -1.4%
- Net yield
- -1.4%
- Cash-on-cash return
- -25.2%
- Gross yield
- 6.5%
- Mortgage payment
- $3,081/mo
- Down payment
- $162,500
- Loan amount
- $487,500
- Annual NOI
- -$8,927
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.