2401 Collins Ave 1708, Miami Beach, FL 33140 — MLS photo

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2401 Collins Ave 1708, Miami Beach, FL 33140

Active · Condominium

$998,000

2401 Collins Ave 1708, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,619 sq ft
$ / sq ft
$616/sq ft
Year built
1980
Lot size
—
HOA fee
—
Annual tax
$4,276

About this property

Riviera Condominium is located in the Heart of Miami Beach and a block away from the Collins Park Cultural Campus:Bass Museum,Miami City Ballet,and MB Public Library.Next door to the Luxurious 1 Hotel,The W hotel,Setai and close to Faena District,minutes from Lincoln Rd.The Riviera has had a complete concrete restoration,inspections and certifications.Special assessments paid by seller.This is the most spacious 2BD/2BA corner unit in the building with 1619sqf, tons of closet space,and 2 large balconies boasting SPECTACULAR Sunset views of the Bay,Miami Cityscape.The main updates are the hurricane impact windows and doors installed throughout the unit.Sold AS IS,but can be transformed into your Dream Condo!Luxury Amenities include NEW Pool Area,Gym,Community Room,Excell.Security,Beachwalk

Property location

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2401 Collins Ave 1708, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,619 sq ft
Flooring
Carpet, Tile, Vinyl
Appliances
Dishwasher
Cooling
Central Air
Heating
Central
Interior features
Eat In Kitchen, Elevator, Living Dining Room, Custom Mirrors, Tub Shower

Exterior & Structure

Property type
Condominium
Year built
1980
Stories
19
Architectural style
High Rise
Construction
Block
Exterior features
Barbecue, Fence
Pool
Heated
Waterfront
Creek, Ocean Access, Ocean Front
View
Bay, Canal, Intercoastal

Parking

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

HOA, Community & Financials

Association fee
$0 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Hot Water, Insurance, Internet, Laundry, Legal Accounting, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Roof, Security, Trash, Water
Amenities
Billiard Room, Bike Storage, Cabana, Clubhouse, Community Kitchen, Hobby Room, Laundry, Barbecue, Picnic Area, Playground, Pool, Trash, Elevators
Security
Closed Circuit Cameras, Door Man, Elevator Secured, Fire Alarm
Pets allowed
Conditional, No
Annual tax
$4,276
Subdivision
THE RIVIERA CONDO
County
Miami-Dade
Days on market
181
MLS listing ID
A11908522
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

-$576

Cap rate
5.0%
Net yield
5.0%
Cash-on-cash return
-2.5%
Gross yield
6.8%
Mortgage payment
$4,731/mo
Down payment
$249,500
Loan amount
$748,500
Annual NOI
$49,855

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