Cays Realty
1623 Collins Ave 218, Miami Beach, FL 33139 — MLS photo

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1623 Collins Ave 218, Miami Beach, FL 33139

Active · Condominium

$850,000

1623 Collins Ave 218, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
1,108 sq ft
$ / sq ft
$767/sq ft
Year built
1980
Lot size
—
HOA fee
$5,605 Quarterly
Annual tax
$12,603

About this property

One of kind 2 Bedroom 2 Bath 1,108 Sqft w the largest balcony in the building (Approx. 16Ft x 43ft - 688 SqFt) overlooking the pool and ocean. Oceanfront unit with the best location in South Beach. Next door to the Loews Hotel and the Ritz Carlton. Steps from Lincoln Rd, restaurants, shops, theater and clubs. Lobby recently renovated with Robb & Stucky Interiors. Building features: door man, covered garage, 24-hour security, great on site management, pool, gym, sauna and direct beach access. Don't miss this unique opportunity, Recently Reduced for a quick sale, FULL IMPACT WINDOWS already installed.

Property location

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1623 Collins Ave 218, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,108 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
None
Interior features
Closet Cabinetry, Elevator, First Floor Entry, Other, Split Bedrooms
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1980
Stories
10
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Deck, Patio
Pool
Association
Waterfront
Ocean Front
View
Ocean, Pool

Parking

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

HOA, Community & Financials

Association fee
$5,605 Quarterly
Fee inclusions
Association Management, Amenities, Common Areas, Insurance, Legal Accounting, Maintenance Structure, Sewer, Security, Trash, Water
Amenities
Bike Storage, Business Center, Clubhouse, Fitness Center, Pickleball, Pool, Trash, Elevators
Security
Complex Fenced, Intercom
Pets allowed
Conditional, Yes
Annual tax
$12,603
Subdivision
THE GEORGIAN CONDO
County
Miami-Dade
Days on market
306
MLS listing ID
A11934070
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,545

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-17.9%
Gross yield
6.1%
Mortgage payment
$4,029/mo
Down payment
$212,500
Loan amount
$637,500
Annual NOI
$5,817

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