Cays Realty
5255 Collins Ave 5D, Miami Beach, FL 33140 — MLS photo

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5255 Collins Ave 5D, Miami Beach, FL 33140

Active · Condominium

$950,000

5255 Collins Ave 5D, Miami Beach, FL 33140

Beds
2
Baths
3
Living area
2,534 sq ft
$ / sq ft
$375/sq ft
Year built
1963
Lot size
—
HOA fee
$3,884 Monthly
Annual tax
$16,046

About this property

Price to Sell! Unit 5D at Imperial House is a spacious 2,534 sq. ft. residence with direct ocean views. Featuring expansive rooms, plus den, and generous closet spaces. All utilities included in HOA. Located in Millionaire’s Row, enjoy the Atlantic Ocean, a seven-mile bike path, and private beach access. With the building undergoing renovations, now is the perfect time to customize this home to your taste.

Property location

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5255 Collins Ave 5D, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
2,534 sq ft
Flooring
Carpet, Tile
Appliances
Dishwasher, Disposal
Cooling
Central Air
Heating
Central
Interior features
Bidet, Bedroom On Main Level, Entrance Foyer, Elevator, First Floor Entry, Living Dining Room, Main Living Area Entry Level, Other, Separate Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1963
Stories
15
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Barbecue, Fence, Security High Impact Doors
Pool
Association
Waterfront
Ocean Access, Ocean Front
View
Ocean, Pool

Parking

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

HOA, Community & Financials

Association fee
$3,884 Monthly
Fee inclusions
Cable Tv, Electricity, Internet, Laundry, Other, Parking, Pools
Amenities
Billiard Room, Bike Storage, Business Center, Cabana, Elevators, Fitness Center, Barbecue, Picnic Area, Pool, Storage
Security
Door Man, Secured Garage Parking
Pets allowed
Conditional, Yes
Annual tax
$16,046
Subdivision
IMPERIAL HOUSE CONDO
County
Miami-Dade
Days on market
309
MLS listing ID
A11922713
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

-$3,822

Cap rate
0.9%
Net yield
0.9%
Cash-on-cash return
-17.2%
Gross yield
9.1%
Mortgage payment
$4,503/mo
Down payment
$237,500
Loan amount
$712,500
Annual NOI
$8,175

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