4775 Collins Ave 507, Miami Beach, FL 33140 — MLS photo

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4775 Collins Ave 507, Miami Beach, FL 33140

Active · Condominium

$1,099,000

4775 Collins Ave 507, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,380 sq ft
$ / sq ft
$796/sq ft
Year built
2000
Lot size
—
HOA fee
$1,812 Monthly
Annual tax
$12,351

About this property

Rarely on the market, this split floor plan lowest priced 2-bedroom, 2-bath corner residence at the Green Diamond is on the 5th floor. Offers a truly unique feature—a huge wraparound terrace larger than those on higher floors. The light-filled home has brand-new flooring, stovetop, and water heater, complemented by floor-to-ceiling windows. The bright eat in kitchen has granite counter tops with dual sinks. A spacious en-suite primary bedroom has a large walk in closet and a marble bathroom with a jacuzzi tub and dual sinks. The 2nd bedroom also has a connecting marble bathroom and washer/dryer. With its bright, airy ambiance and exceptional indoor-outdoor flow, this residence presents a one-of-a-kind living experience. Building offers 1st class amenities: 24hr. security, valet, concierge, tennis court, pool, gym, free classes-yoga, Pilates, aerobics & Zumba, café/market, 16,000SF oceanside club & spa, steam rooms, saunas, indoor/outdoor hot tubs & massage therapists. Please click the virtual tour link to see a video of the property.

Property location

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4775 Collins Ave 507, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,380 sq ft
Flooring
Laminate
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bidet, Bedroom On Main Level, Breakfast Area, First Floor Entry, Living Dining Room

Exterior & Structure

Property type
Condominium
Year built
2000
Stories
44
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Tennis Courts
Pool
Association, Heated
Waterfront
Ocean Front
View
Ocean, Other, Tennis Court

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, One Space, Valet

HOA, Community & Financials

Association fee
$1,812 Monthly
Fee inclusions
Common Areas, Cable Tv, Maintenance Structure, Parking, Pools, Sewer, Security, Trash, Water
Amenities
Boat Dock, Billiard Room, Clubhouse, Elevators, Fitness Center, Playground, Pool, Putting Greens, Tennis Courts, Trails
Security
Door Man, Elevator Secured, Fire Alarm, Security Guard, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$12,351
Subdivision
GREEN DIAMOND CONDO
County
Miami-Dade
Days on market
249
MLS listing ID
A11953463
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

-$3,737

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.6%
Gross yield
6.0%
Mortgage payment
$5,210/mo
Down payment
$274,750
Loan amount
$824,250
Annual NOI
$17,677

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