Cays Realty
4391 Collins Ave 1619, Miami Beach, FL 33140 — MLS photo

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4391 Collins Ave 1619, Miami Beach, FL 33140

Active · Condominium

$1,183,000

4391 Collins Ave 1619, Miami Beach, FL 33140

Beds
0
Baths
1
Living area
802 sq ft
$ / sq ft
$1,475/sq ft
Year built
2008
Lot size
—
HOA fee
$1,319 Monthly
Annual tax
$14,806

About this property

Experience resort-style living in this extra-large Jr. Suite at Fontainebleau III – Sorrento Tower. This elegant residence features two queen beds, a pull-out sofa, a marble bathroom, and a convenient kitchenette, all in a fully furnished, turnkey setup. Step out onto your private balcony and take in the ocean and pool views. Enjoy all the amenities of the iconic Fontainebleau Resort, including fine dining, Lapis Spa, LIV nightclub, beach and pool service, and more. Maintenance fees include A/C, electricity, valet, local calls, and daily breakfast in the owners’ lounge. Ideal for personal use or as an income-producing property through the hotel rental program.

Property location

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4391 Collins Ave 1619, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
802 sq ft
Flooring
Carpet, Tile
Appliances
Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bidet, Bedroom On Main Level, Breakfast Area, Entrance Foyer, Separate Shower, Bar

Exterior & Structure

Property type
Condominium
Year built
2008
Stories
19
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Association
Waterfront
Ocean Access, Ocean Front
View
Ocean, Pool

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Valet

HOA, Community & Financials

Association fee
$1,319 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Hot Water, Internet, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Sewer, Security, Trash, Water
Amenities
Beach Rights, Boat Dock, Billiard Room, Business Center, Clubhouse, Fitness Center, Other, Playground, Pool, Spa Hot Tub, Trails, Elevators
Security
Door Man, Elevator Secured, Secured Garage Parking, Key Card Entry, Security Guard, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$14,806
Subdivision
FONTAINEBLEAU III OCEAN C
County
Miami-Dade
Days on market
363
MLS listing ID
A11897892
Listing status
Active

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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

-$4,624

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.8%
Gross yield
4.8%
Mortgage payment
$5,608/mo
Down payment
$295,750
Loan amount
$887,250
Annual NOI
$11,813

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