4401 Collins Ave 2517, Miami Beach, FL 33140 — MLS photo

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4401 Collins Ave 2517, Miami Beach, FL 33140

Active · Condominium

$999,000

4401 Collins Ave 2517, Miami Beach, FL 33140

Beds
0
Baths
1
Living area
491 sq ft
$ / sq ft
$2,035/sq ft
Year built
2005
Lot size
—
HOA fee
$682
Annual tax
—

About this property

Enjoy spectacular unobstructed views of the bay and downtown Miami in this beautiful Jr suite at the Fontainebleau II. Enjoy full service, vacation-style living in a furnished turnkey unit with 1 king bed, 1 sleeper sofa, double burner kitchenette, microwave, mini refrigerator, walk in closet and an additional owners' closet, large marble bathroom with hot tub & more. Option to enroll in hotel rental program & receive income while away! The Fontainebleau resort offers award-winning restaurants, LIV night club, Lapis spa & state-of-the-art fitness center, bakery, shops, full-service salon and more. Maintenance fees include all utilities: AC, internet, cable, electricity, valet + daily free breakfast in owner's lounge. Please click virtual tour link to view video.

Property location

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4401 Collins Ave 2517, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
491 sq ft

Exterior & Structure

Property type
Condominium
Year built
2005

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$682
County
Miami-Dade
MLS listing ID
A11926179
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

-$4,314

Cap rate
0.5%
Net yield
0.5%
Cash-on-cash return
-18.5%
Gross yield
4.4%
Mortgage payment
$4,736/mo
Down payment
$249,750
Loan amount
$749,250
Annual NOI
$5,057

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