5555 Collins Ave 9U, Miami Beach, FL 33140 — MLS photo

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5555 Collins Ave 9U, Miami Beach, FL 33140

Active · Condominium

$575,000

5555 Collins Ave 9U, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,048 sq ft
$ / sq ft
$549/sq ft
Year built
1967
Lot size
—
HOA fee
$4,224
Annual tax
—

About this property

Welcome to Unit 9-U @ Oceanside Plaza. This split-bedroom sleek-designed unit is being sold turn-key and ready to be your next home/vacation home. Unit is tiled throughout, double- vanity sink in master bedroom, walk-in shower, walk-in closet, wine cooler, outdoor furniture and spacious kitchen with modern white lacquered cabinetry. Oceanside Plaza offers plenty of amenities including beach chair/umbrella service, exercise room with expansive ocean views, pool & jacuzzi (both undergoing renovations), front-desk attendant and much more! Experience amazing sunset views from its expansive balcony as well as a glimpse of beautiful intracoastal.

Property location

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5555 Collins Ave 9U, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,048 sq ft

Exterior & Structure

Property type
Condominium
Year built
1967

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,224
County
Miami-Dade
MLS listing ID
A11944998
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

-$5,074

Cap rate
-4.9%
Net yield
-4.9%
Cash-on-cash return
-37.8%
Gross yield
7.2%
Mortgage payment
$2,726/mo
Down payment
$143,750
Loan amount
$431,250
Annual NOI
-$28,184

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