Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,460 sq ft
- Flooring
- Tile
- Appliances
- Other
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Bedroom On Main Level, First Floor Entry
- Furnished
- Unfurnished
Active · Condominium
$795,000
5601 Collins Ave 825, Miami Beach, FL 33140
- Beds
- 2
- Baths
- 2
- Living area
- 1,460 sq ft
- $ / sq ft
- $545/sq ft
- Year built
- 1968
- Lot size
- —
- HOA fee
- $1,630 Monthly
- Annual tax
- $9,712
About this property
Welcome to your perfect beachfront getaway! This exceptional “TURN KEY” 2-bedroom, 2-bathroom large corner unit has been thoughtfully converted into a spacious 4-bedroom residence, making it an ideal vacation home that also offers lucrative short term rental potential. Unit offers LAUNDRY ROOM and 2 small multipurpose rooms that may be use as an office or small kid’s bedroom. Situated directly on the pristine sands of Miami Beach. This condo boasts breathtaking views of Collins Avenue, the bay and the vibrant Miami Beach. The building went under extensive renovations, ensuring a modern and comfortable living experience. Recent upgrades include the installation of impacts windows, new roof, complete hallway remodeling and upgraded elevators. The kitchen is equipped with modern appliances and ample storage. This condo is currently renting short-term.
Property location
Get Directions5601 Collins Ave 825, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1968
- Stories
- 0
- Architectural style
- High Rise
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Balcony
- Pool
- Association
- Waterfront
- Ocean Access, Ocean Front
- View
- Intercoastal
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- Valet
HOA, Community & Financials
- Association fee
- $1,630 Monthly
- Fee inclusions
- Amenities
- Amenities
- Clubhouse, Elevators, Pool, Trash
- Security
- Door Man, Lobby Secured
- Pets allowed
- Conditional, Yes
- Annual tax
- $9,712
- Subdivision
- THE PAVILION CONDO
- County
- Miami-Dade
- Days on market
- 189
- MLS listing ID
- A11940174
- Listing status
- Active
Virtual tour
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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
-$2,339
- Cap rate
- 2.2%
- Net yield
- 2.2%
- Cash-on-cash return
- -12.6%
- Gross yield
- 7.3%
- Mortgage payment
- $3,769/mo
- Down payment
- $198,750
- Loan amount
- $596,250
- Annual NOI
- $17,154
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.