2655 Collins Ave 1404, Miami Beach, FL 33140 — MLS photo

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2655 Collins Ave 1404, Miami Beach, FL 33140

Active · Condominium

$495,000

2655 Collins Ave 1404, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
1,190 sq ft
$ / sq ft
$416/sq ft
Year built
1975
Lot size
—
HOA fee
$1,111 Monthly
Annual tax
$7,336

About this property

* * * Miami Beach lifestyle at the oceanfront Mirasol Ocean Towers! This spacious 1 bed, plus den (possible second bed or office/studio) - with 2 baths unit offer 1,190 sq. ft. / Model B - facing South with nice Ocean and Bayview from this high floor. Lot's light-filled interiors, lot's closet space, impact windows floor to ceiling, and sweeping ocean, bay, and pool views. Enjoy resort-style amenities including a heated pool/spacious deck, beach chairs/umbrellas service, fitness center with several new machines!, sauna, bicycle storage, library/business center room and 24-hour front desk asst's. — all steps from the sand and minutes to South Beach, Ocean Drive, Lincoln Road and rejuvenate North Beach! Right behind the new Pedestrian walk-way from South to North Beach! - sporting recently upgraded gym with Peloton and Life Fitness equipment. The neighbors within walking distance are the top Hotels/Venue of the Edition, The One, The W, Faena and the Faena Cultural District. - Public transportation and the free Miami Beach Trolley - Several Restaurants, Cafes and Supermarket downstairs next to the building, including the new MOTEK restaurant! - Operating budget with reserve funding. Maintenance including Basic Cable TV, WIFI and pest control - Per association, dogs allowed if emotional or service dog documents. Building offering beach service lounge chairs and umbrellas. - One assigned parking space, visitors parking street/parking lot right across Collins Ave.

Property location

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2655 Collins Ave 1404, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,190 sq ft
Flooring
Tile
Appliances
Dishwasher, Electric Range, Refrigerator
Cooling
Central Air, Ceiling Fans, Electric
Heating
Electric
Interior features
Breakfast Bar, Closet Cabinetry, Living Dining Room, Pantry, Sitting Area In Primary, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1975
Stories
25
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Heated
Waterfront
Ocean Front
View
Bay, Intercoastal, Ocean, Pool

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Covered, Guest, One Space, On Street

HOA, Community & Financials

Association fee
$1,111 Monthly
Fee inclusions
Association Management, Amenities, Cable Tv, Hot Water, Insurance, Internet, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Trash, Water
Amenities
Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Pool, Sauna, Storage, Trash, Elevators
Security
Closed Circuit Cameras, Door Man, Secured Garage Parking, Lobby Secured, Fire Sprinkler System, Smoke Detectors
Pets allowed
Cats Ok, Dogs Ok, Size Limit, Yes, Pet Restrictions
Annual tax
$7,336
Subdivision
MIRASOL OCEAN TOWERS COND
County
Miami-Dade
Days on market
234
MLS listing ID
A11972908
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

-$1,205

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.4%
Gross yield
8.5%
Mortgage payment
$2,347/mo
Down payment
$123,750
Loan amount
$371,250
Annual NOI
$13,699

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