Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 942 sq ft
Active · Condominium
$398,000
5005 Collins Ave 504, Miami Beach, FL 33140
- Beds
- 1
- Baths
- 1
- Living area
- 942 sq ft
- $ / sq ft
- $423/sq ft
- Year built
- 1964
- Lot size
- —
- HOA fee
- $1,467
- Annual tax
- —
About this property
OPPORTUNITY TO OWN WITH SPECTACULAR OCEANFRONT LARGE 1 BEDROOM & 1 BATHROOM, 942 SF, WITH ASHTONISHING WATER VIEWS. Building is in good standing with the city, HOA its only $1.4 per SF. There is absolutely no Special Assessments. Enjoy intracoastal views from every room in this bright and spacious residence. Features include a generous living area and a large primary bedroom with walk-in closet. Updated kitchen and bathroom. The building offers direct beach access, Olympic-size pool, gym, and jacuzzi. Ideally located on Millionaire’s Row in a completely renovated building. The apartment is very well kept, filled with natural light, and designed for relaxed coastal living. Schedule your showing today!
Property location
Get Directions5005 Collins Ave 504, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1964
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,467
- County
- Miami-Dade
- MLS listing ID
- A11960156
- 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
-$1,705
- Cap rate
- 0.5%
- Net yield
- 0.5%
- Cash-on-cash return
- -18.4%
- Gross yield
- 8.4%
- Mortgage payment
- $1,887/mo
- Down payment
- $99,500
- Loan amount
- $298,500
- Annual NOI
- $2,180
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.