5701 Collins Ave 1417, Miami Beach, FL 33140 — MLS photo

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5701 Collins Ave 1417, Miami Beach, FL 33140

Active · Condominium

$715,000

5701 Collins Ave 1417, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,138 sq ft
$ / sq ft
$628/sq ft
Year built
1969
Lot size
—
HOA fee
$1,799
Annual tax
—

About this property

Oceanfront condominium located on Millionaires’ Row Arlen Beach Condo. Featuring 2 bedrooms and 2 bathrooms. The residence offers an updated kitchen with stainless steel appliances, renovated bathrooms with quality finishes, and a well designed layout including a dining area and bar with wine cooler. Impact windows are installed throughout. The building provides an extensive selection of amenities, including a fitness center, movie theater, library, oceanfront barbecue area, party room, valet service, and beach and pool attendants. Additional conveniences include an on-site restaurant and full-service salon. Easy to Show!

Property location

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5701 Collins Ave 1417, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,138 sq ft

Exterior & Structure

Property type
Condominium
Year built
1969

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,799
County
Miami-Dade
MLS listing ID
A11950196
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

-$3,124

Cap rate
0.4%
Net yield
0.4%
Cash-on-cash return
-18.7%
Gross yield
6.7%
Mortgage payment
$3,389/mo
Down payment
$178,750
Loan amount
$536,250
Annual NOI
$3,184

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