Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 930 sq ft
- Flooring
- Ceramic Tile, Tile
- Appliances
- Dishwasher, Electric Range, Microwave, Other, Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Bedroom On Main Level
Active · Condominium
$450,000
5601 Collins Ave 423, Miami Beach, FL 33140
- Beds
- 1
- Baths
- 2
- Living area
- 930 sq ft
- $ / sq ft
- $484/sq ft
- Year built
- 1968
- Lot size
- —
- HOA fee
- $1,118 Monthly
- Annual tax
- $6,902
About this property
DON'T MISS this excellent investment opportunity on Millionaire's Row! Completely remodeled with 1 bedroom and 2 converted dens, turn-key furnished and ready for short term rentals right away! New hurricane windows and doors already in place. Spacious balcony with intracoastal views. Amenities include valet parking, large heated pool, gym, picnic & BBQ area right on the beach! Association fee includes cable, internet and air conditioning.
Property location
Get Directions5601 Collins Ave 423, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1968
- Stories
- 18
- Architectural style
- High Rise
- Construction
- Block
- Exterior features
- Balcony, Security High Impact Doors
- Pool
- Association
- Waterfront
- Ocean Access, Ocean Front
- View
- Intercoastal, Skyline
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- Assigned, One Space, Valet
HOA, Community & Financials
- Association fee
- $1,118 Monthly
- Fee inclusions
- Amenities, Common Areas, Cable Tv, Insurance, Internet, Laundry, Maintenance Structure, Other, Parking, Roof, Sewer, Security, Trash, Water
- Amenities
- Fitness Center, Laundry, Other, Pool, Trash, Elevators
- Security
- Elevator Secured, Secured Garage Parking, Lobby Secured
- Pets allowed
- No
- Annual tax
- $6,902
- Subdivision
- THE PAVILION CONDO
- County
- Miami-Dade
- Days on market
- 132
- MLS listing ID
- A11965448
- Listing status
- Active
Virtual tour
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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
-$1,468
- Cap rate
- 1.8%
- Net yield
- 1.8%
- Cash-on-cash return
- -14.0%
- Gross yield
- 7.8%
- Mortgage payment
- $2,133/mo
- Down payment
- $112,500
- Loan amount
- $337,500
- Annual NOI
- $7,982
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.