4391 Collins Ave 1703, Miami Beach, FL 33140 — MLS photo

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4391 Collins Ave 1703, Miami Beach, FL 33140

Active · Condominium

$975,000

4391 Collins Ave 1703, Miami Beach, FL 33140

Beds
0
Baths
1
Living area
544 sq ft
$ / sq ft
$1,792/sq ft
Year built
2008
Lot size
—
HOA fee
—
Annual tax
—

About this property

An Invitation to Elevated Living — Experience the Art of Living Well. Welcome to iconic Miami Beach resort living in this fully furnished Junior Suite at Fontainebleau III – Sorrento Tower. Enjoy beautiful ocean and pool views from your private balcony in a turnkey residence featuring a king-size bed, sleeper sofa, kitchenette, and elegant finishes. Ownership includes access to the Fontainebleau’s world-renowned amenities across 22 oceanfront acres, including multiple pools, beach service, Lapis Spa, state-of-the-art fitness center, award-winning restaurants, shops, bakery, and the famous LIV nightclub. Maintenance fees include A/C, electricity, valet parking, and a daily complimentary breakfast in the owners’ lounge. The optional hotel rental program provides effortless income potential when not in use, making this the perfect blend of luxury lifestyle and investment opportunity.

Property location

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4391 Collins Ave 1703, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
544 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Miami-Dade
MLS listing ID
A11958233
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

-$3,440

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.1%
Gross yield
4.5%
Mortgage payment
$4,622/mo
Down payment
$243,750
Loan amount
$731,250
Annual NOI
$14,178

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