2555 Collins Ave 1409, Miami Beach, FL 33140 — MLS photo

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2555 Collins Ave 1409, Miami Beach, FL 33140

Active · Condominium

$1,299,500

2555 Collins Ave 1409, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,034 sq ft
$ / sq ft
$1,257/sq ft
Year built
1982
Lot size
—
HOA fee
$733
Annual tax
—

About this property

WOW WOW WOW! Live the good life in this High-end completely renovated beachfront unit boasting Direct Ocean Views, Hurricane Impact Windows, new bathrooms, new kitchen, new flooring, top-of-the-line finishings, and MORE!!! Building was also renovated with new lobby and hallways for a modern look. Located just steps from glamorous Lincoln Rd. and Ocean Drive in the family-friendly heart of South Beach directly behind the Miami Beach Boardwalk on the world-famous collins ave and 25 st. Amenities include private beach access, heated pool, BBQ area with gazebos, 24/7 manned security, Concierge, Gym, and all the fun you could want!! Don't miss out!

Property location

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2555 Collins Ave 1409, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,034 sq ft

Exterior & Structure

Property type
Condominium
Year built
1982

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$733
County
Miami-Dade
MLS listing ID
A11943235
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

-$4,817

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-15.9%
Gross yield
5.0%
Mortgage payment
$6,160/mo
Down payment
$324,875
Loan amount
$974,625
Annual NOI
$16,114

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