2625 Collins Ave 1507, Miami Beach, FL 33140 — MLS photo

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2625 Collins Ave 1507, Miami Beach, FL 33140

Active · Condominium

$899,000

2625 Collins Ave 1507, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,305 sq ft
$ / sq ft
$689/sq ft
Year built
1980
Lot size
—
HOA fee
$1,024
Annual tax
—

About this property

One or more photo(s) have been virtually staged. Spectacular oceanfront two-bedroom, two-bath residence located on Collins Avenue and 26th Street in the heart of Miami Beach. Enjoy breathtaking direct ocean views and resort-style amenities, including a beautiful pool, fully equipped fitness center, and 24-hour security. Just steps from the beach and within walking distance to Lincoln Road’s premier shopping, dining, and entertainment. This unit offers incredible potential and awaits your personal touch to make it truly shine — perfect as a primary home, vacation getaway, or investment opportunity.

Property location

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2625 Collins Ave 1507, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,305 sq ft

Exterior & Structure

Property type
Condominium
Year built
1980

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,024
County
Miami-Dade
MLS listing ID
A11895596
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

-$2,895

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.8%
Gross yield
6.4%
Mortgage payment
$4,262/mo
Down payment
$224,750
Loan amount
$674,250
Annual NOI
$16,405

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