7800 Collins Ave 203, Miami Beach, FL 33141 — MLS photo

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7800 Collins Ave 203, Miami Beach, FL 33141

Active · Condominium

$540,000

7800 Collins Ave 203, Miami Beach, FL 33141

Beds
2
Baths
2
Living area
930 sq ft
$ / sq ft
$581/sq ft
Year built
1999
Lot size
—
HOA fee
$765
Annual tax
—

About this property

Experience the best of Miami Beach living in this beautifully maintained 2-bedroom, 2-bath condo located on the first floor of a boutique building on Collins Avenue. Just steps from the ocean, this residence offers a rare opportunity with two assigned parking spaces an exceptional find in the beach area. Enjoy a well designed split bedroom layout that provides privacy, along with ceramic flooring, spacious closets, in-unit washer/dryer, and one covered parking and the other one un-covered. The building offers direct beach access and well kept amenities, perfect for embracing the coastal lifestyle. With shops, dining, and entertainment just moments away, this is your chance to enjoy comfort, convenience, and the tranquility of beachside living.

Property location

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7800 Collins Ave 203, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
930 sq ft

Exterior & Structure

Property type
Condominium
Year built
1999

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$765
County
Miami-Dade
MLS listing ID
A11893657
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

-$1,652

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.1%
Gross yield
7.0%
Mortgage payment
$2,560/mo
Down payment
$135,000
Loan amount
$405,000
Annual NOI
$10,897

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