Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,131 sq ft
Active · Condominium
$625,000
7700 Collins Ave 5, Miami Beach, FL 33141
- Beds
- 2
- Baths
- 2
- Living area
- 1,131 sq ft
- $ / sq ft
- $553/sq ft
- Year built
- 2004
- Lot size
- —
- HOA fee
- $1,060
- Annual tax
- —
About this property
Live just steps from the ocean in this sleek and modern two-story loft, ideally located directly across from the brand-new Oceanfront Park with easy beach access. This bright and airy 2-bed, 2-bath residence features soaring ceilings, floor-to-ceiling windows, and an open floor plan designed to maximize light and space. The lower level offers a private bedroom and full bath, while the upstairs primary suite boasts privacy and volume. Enjoy a custom kitchen with quartz countertops, stainless steel appliances, and a large island perfect for entertaining. Boutique building with only 10 units, rooftop dipping pool, washer/dryer in-unit, and 1 assigned covered parking space. Short-term rentals allowed (3-month min) and rented for $3,400 until April 1, 2026. Building does not have insurance, so only cash offers.
Property location
Get Directions7700 Collins Ave 5, Miami Beach, FL 33141
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2004
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,060
- County
- Miami-Dade
- MLS listing ID
- A11948861
- 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
-$1,997
- Cap rate
- 1.9%
- Net yield
- 1.9%
- Cash-on-cash return
- -13.7%
- Gross yield
- 7.2%
- Mortgage payment
- $2,963/mo
- Down payment
- $156,250
- Loan amount
- $468,750
- Annual NOI
- $11,584
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.