6000 Collins Ave 521, Miami Beach, FL 33140 — MLS photo

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6000 Collins Ave 521, Miami Beach, FL 33140

Active · Condominium

$539,900

6000 Collins Ave 521, Miami Beach, FL 33140

Beds
1
Baths
1
Living area
1,011 sq ft
$ / sq ft
$534/sq ft
Year built
2010
Lot size
—
HOA fee
$1,339
Annual tax
—

About this property

1bedroom/1bath loft in Terra Beachside Condo in Miami Beach with over 1000 sq ft of living area. 20 ft ceilings in living room, ceiling to floor glass with shades looking at the Intracoastal and Allison Island. Gourmet chef's kitchen with Miele and KitchenAid appliances. Phillipe Starck and Duravit finishes in bathroom. Steps from public beach between the Bath Club and Maison Grande that is very quiet. Underground parking space included. Rented until 07-2027 $3,200/month great tenant!

Property location

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6000 Collins Ave 521, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
1,011 sq ft

Exterior & Structure

Property type
Condominium
Year built
2010

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,339
County
Miami-Dade
MLS listing ID
A11922459
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

-$2,094

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.6%
Gross yield
7.3%
Mortgage payment
$2,559/mo
Down payment
$134,975
Loan amount
$404,925
Annual NOI
$5,589

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