5601 Collins Ave 1011, Miami Beach, FL 33140 — MLS photo

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5601 Collins Ave 1011, Miami Beach, FL 33140

Active · Condominium

$855,000

5601 Collins Ave 1011, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
930 sq ft
$ / sq ft
$919/sq ft
Year built
1968
Lot size
—
HOA fee
$1,146
Annual tax
—

About this property

Stunning oceanfront residence, fully renovated with city-approved permits. This spacious 1-bedroom plus Den 2-bath home features an open-concept layout with modern finishes, sleek kitchen, and porcelain wood-style floors. From the moment you enter, enjoy breathtaking direct ocean views through floor-to-ceiling glass doors that open to a large balcony. Offered fully furnished, all furniture is included in the price. The Pavilion has recently completed extensive upgrades including redesigned hallways, new elevators, and a spectacular oceanfront pool. Move-in ready to enjoy Miami Beach living!

Property location

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5601 Collins Ave 1011, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
930 sq ft

Exterior & Structure

Property type
Condominium
Year built
1968

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,146
County
Miami-Dade
MLS listing ID
A11877628
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

-$3,429

Cap rate
0.9%
Net yield
0.9%
Cash-on-cash return
-17.2%
Gross yield
5.6%
Mortgage payment
$4,053/mo
Down payment
$213,750
Loan amount
$641,250
Annual NOI
$7,488

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