5401 Collins Ave 411, Miami Beach, FL 33140 — MLS photo

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5401 Collins Ave 411, Miami Beach, FL 33140

Active · Condominium

$439,000

5401 Collins Ave 411, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
980 sq ft
$ / sq ft
$448/sq ft
Year built
1967
Lot size
—
HOA fee
$1,372 Monthly
Annual tax
$5,695

About this property

Enjoy beautiful ocean views from your private balcony in this spacious 1-bedroom, 1.5-bathroom condo located at 5401 Collins Ave, Unit 411 in Miami Beach. This bright and comfortable unit features a large bedroom, generous living space, and a balcony perfectly positioned to take in the ocean breeze and relaxing views of the Atlantic. The building offers direct beach access, allowing you to step right onto the sand and enjoy the Miami Beach lifestyle. Residents benefit from great amenities and a prime location on the prestigious Collins Avenue, close to restaurants, shopping, and entertainment. A perfect opportunity for a primary residence, vacation home, or investment property in one of Miami Beach’s most desirable oceanfront locations.

Property location

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5401 Collins Ave 411, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
980 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Heating
None
Interior features
Bedroom On Main Level, First Floor Entry, Pantry

Exterior & Structure

Property type
Condominium
Year built
1967
Stories
17
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Barbecue, Tennis Courts
Pool
Association
Waterfront
Bayfront, Ocean Access, Ocean Front
View
Bay, Canal, Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$1,372 Monthly
Fee inclusions
Common Areas, Cable Tv, Hvac, Insurance, Laundry, Parking, Pest Control, Pools, Security, Water
Amenities
Cabana, Elevators, Fitness Center, Laundry, Pool, Tennis Courts
Security
Closed Circuit Cameras, Secured Garage Parking, Intercom, Lobby Secured, Phone Entry, Fire Sprinkler System
Pets allowed
Size Limit, Yes
Annual tax
$5,695
Subdivision
THE CARRIAGE HOUSE CONDO
County
Miami-Dade
Days on market
61
MLS listing ID
A11982831
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

-$1,510

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.7%
Gross yield
8.1%
Mortgage payment
$2,081/mo
Down payment
$109,750
Loan amount
$329,250
Annual NOI
$6,855

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