5005 Collins Ave 304, Miami Beach, FL 33140 — MLS photo

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5005 Collins Ave 304, Miami Beach, FL 33140

Active · Condominium

$310,000

5005 Collins Ave 304, Miami Beach, FL 33140

Beds
1
Baths
1
Living area
942 sq ft
$ / sq ft
$329/sq ft
Year built
1964
Lot size
—
HOA fee
$1,467
Annual tax
—

About this property

SPECTACULAR WATER VIEWS Bright and spacious residence with stunning intracoastal views from every room. This well-maintained unit features a generous living area and a large primary bedroom with a walk-in closet, plus an updated kitchen and bathroom. Filled with natural light, the apartment offers a comfortable layout ideal for relaxed coastal living. Located in a fully renovated oceanfront building on prestigious Millionaire’s Row, residents enjoy direct beach access, an Olympic-size pool, gym, and jacuzzi. Whether you are looking for a solid income property or a future beachside residence, this unit offers the best of both worlds. Schedule your showing today!

Property location

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5005 Collins Ave 304, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
942 sq ft

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
A11980904
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

-$1,315

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.2%
Gross yield
9.9%
Mortgage payment
$1,470/mo
Down payment
$77,500
Loan amount
$232,500
Annual NOI
$1,854

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