350 Collins Ave 103, Miami Beach, FL 33139 — MLS photo

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350 Collins Ave 103, Miami Beach, FL 33139

Active · StockCooperative

$225,000

350 Collins Ave 103, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
700 sq ft
$ / sq ft
$321/sq ft
Year built
1960
Lot size
—
HOA fee
$683 Monthly
Annual tax
$3,890

About this property

Estate sale-fantastic South of 5th Street One bedroom 2 blocks to the ocean. (Owner must be 55 years or older, pay cash and no renting is allowed). Completely updated and furnished- move right in. Beautiful unit with fully equipped open kitchen w/granite countertops, gas range, microwave and dishwasher. Spacious living room with great office area and tile floors throughout. Modern bathroom with fully tiled shower. Large bedroom with great closet space, and in-unit laundry. Adorable garden-style building with elevator, great outdoor space and parking (via waiting list with full-time residents getting priority). This is the perfect South Beach vacation home or residence in the most desirable neighborhood at an amazing price!

Property location

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350 Collins Ave 103, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
700 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
Cooling
Wall Window Units
Heating
None
Interior features
Closet Cabinetry, Family Dining Room, First Floor Entry, Shower Only
Furnished
Furnished

Exterior & Structure

Property type
StockCooperative
Year built
1960
Stories
3
Architectural style
Garden Apartment
Construction
CBSConcrete Block Structure, Block
Exterior features
Courtyard, Fence, Patio
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Garage, Other, One Space

HOA, Community & Financials

Association fee
$683 Monthly
Fee inclusions
Common Areas, Hot Water, Insurance, Legal Accounting, Maintenance Grounds, Sewer, Trash, Water
Amenities
Elevators
Security
Complex Fenced, Phone Entry
Pets allowed
No
Annual tax
$3,890
Subdivision
OCEAN BEACH FLA SUB
County
Miami-Dade
Days on market
213
MLS listing ID
A11878817
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

-$514

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-9.8%
Gross yield
10.0%
Mortgage payment
$1,067/mo
Down payment
$56,250
Loan amount
$168,750
Annual NOI
$6,632

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