Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,190 sq ft
- Flooring
- Laminate, Other
- Appliances
- Dishwasher, Electric Range, Refrigerator, Washer
- Cooling
- Electric
- Heating
- Electric
- Interior features
- Bedroom On Main Level, Main Level Primary, Other
Active · Condominium
$505,000
2655 Collins Ave 510, Miami Beach, FL 33140
- Beds
- 2
- Baths
- 2
- Living area
- 1,190 sq ft
- $ / sq ft
- $424/sq ft
- Year built
- 1973
- Lot size
- —
- HOA fee
- $1,200 Monthly
- Annual tax
- $7,374
About this property
Live and wake up steps from the ocean. Wonderful ocean front full service building with concierge, front desk, fitness center, and a newly renovated pool right on the ocean and next to the famous boardwalk. Large 1 bdr plus den and 2 full bathrooms. Den can be used as a second bedroom or home office with view to the ocean. The apartment features remodeled kitchen and bathrooms, stainless steel appliances and Spanish stone countertops. Building has also been remodeled with new windows and halls. Restaurants and shops and boardwalk to South Beach is just around the corner. Close to dining and highly desirable Faena district.
Property location
Get Directions2655 Collins Ave 510, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1973
- Stories
- 22
- Architectural style
- Other
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Balcony
- Pool
- Association, Heated
- Waterfront
- Ocean Access, Ocean Front
- View
- Ocean, Other
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $1,200 Monthly
- Fee inclusions
- Association Management, Amenities, Common Areas, Cable Tv, Insurance, Laundry, Other, Parking, Pools, Sewer, Security, Trash, Water
- Amenities
- Cabana, Clubhouse, Elevators, Laundry, Other, Pool, Trash
- Security
- Door Man, Secured Garage Parking, Lobby Secured
- Pets allowed
- Conditional, Yes
- Annual tax
- $7,374
- Subdivision
- MIRASOL OCEAN TOWERS COND
- County
- Miami-Dade
- Days on market
- 396
- MLS listing ID
- A11881047
- Listing status
- Active
Virtual tour
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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
-$1,325
- Cap rate
- 2.5%
- Net yield
- 2.5%
- Cash-on-cash return
- -11.2%
- Gross yield
- 8.4%
- Mortgage payment
- $2,394/mo
- Down payment
- $126,250
- Loan amount
- $378,750
- Annual NOI
- $12,826
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.