441 Collins Ave 27, Miami Beach, FL 33139 — MLS photo

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441 Collins Ave 27, Miami Beach, FL 33139

Active · Condominium

$450,000

441 Collins Ave 27, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
450 sq ft
$ / sq ft
$1,000/sq ft
Year built
1965
Lot size
—
HOA fee
$1,288 Quarterly
Annual tax
$4,188

About this property

Amazing location, 1/1 condo, one block from the beach and all the world famous restaurants and clubs of South Beach at Ocean Drive. In the corner of Collins Ave and 5th St, in the prestigious neighborhood "South of Fifth". The best of all worlds at South Beach. Across the street from Walgreens, TD Bank, Equinox Gym. Big closet, tiled floors. Laundry in the building. Bedroom opens to a semi-private terrace. One assigned parking spot. Low monthly association fee: $429.33 monthly, paid quarterly. No assessments. Wonderful view of the rich community life of South Beach from the balcony in the second floor. Because the building is two floors tall, the unit is exempt from filing a SIRS. Come enjoy the best life!

Property location

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441 Collins Ave 27, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
450 sq ft
Flooring
Tile
Appliances
Some Gas Appliances, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
Cooling
Ceiling Fans, Electric, Wall Window Units
Heating
None
Interior features
Closet Cabinetry, Second Floor Entry, Other, Tub Shower

Exterior & Structure

Property type
Condominium
Year built
1965
Stories
2
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$1,288 Quarterly
Fee inclusions
Association Management, Common Areas, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Sewer, Trash, Water
Amenities
Laundry
Security
Complex Fenced, Other, Smoke Detectors
Pets allowed
No
Annual tax
$4,188
Subdivision
SOUTHERN STAR CONDO
County
Miami-Dade
Days on market
339
MLS listing ID
A11898728
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

-$1,331

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.7%
Gross yield
5.5%
Mortgage payment
$2,133/mo
Down payment
$112,500
Loan amount
$337,500
Annual NOI
$9,632

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