5401 SE Collins Ave 1412, Miami Beach, FL 33140 — MLS photo

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5401 SE Collins Ave 1412, Miami Beach, FL 33140

Active · Condominium

$549,000

5401 SE Collins Ave 1412, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
980 sq ft
$ / sq ft
$560/sq ft
Year built
1967
Lot size
—
HOA fee
$1,434
Annual tax
—

About this property

WAKE UP TO THE BEATUFUL OCEAN VIEWS! Stunning high floor 1 bed / 1.5 BATH, CONVERTED TO 1 BED / 2 FULL BATHS, in Miami Beach's most desired location. Completely renovated, new open kitchen with top of the line cabinetry and counter tops, stainless steel appliances, popcorn ceiling removed, designer lighting throughout and a special ambient lighting in master suite an open balcony. ENJOY WORLD-CLASS AMENITIES: Heated pool, jacuzzi, gym , tennis and basquetball half-court, spa/beauty salon, mini-market, and an excellnt on site sushi restaurant, tailoring and dry cleaners services, 24-hrs security, valet and covered parking, *EXELLENT LOCATION IN PRIME MIAMI BEACH* Minutes to Soth Beach, Downtown, Brickell and Miami International Airport. *EASY TO SHOW*

Property location

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5401 SE Collins Ave 1412, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
980 sq ft

Exterior & Structure

Property type
Condominium
Year built
1967

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,434
County
Miami-Dade
MLS listing ID
A11944252
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

-$2,279

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-17.8%
Gross yield
7.2%
Mortgage payment
$2,603/mo
Down payment
$137,250
Loan amount
$411,750
Annual NOI
$3,877

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