5801 Collins Ave 1200, Miami Beach, FL 33140 — MLS photo

Active · Condominium

$4,299,000

5801 Collins Ave 1200, Miami Beach, FL 33140

Beds: 5
Baths: 7
Living area: 4,599 sq ft
$ / sq ft: $935/sq ft
Year built: 2002
Lot size: —
HOA fee: $7,600 Monthly
Annual tax: $0

About this property

Welcome to Residence 1200 at Villa di Mare, an exclusive oceanfront boutique building of just twelve residences in Mid Miami Beach. This stunning 4,600 square foot full floor retreat boasts 5 bedrooms, 6.5 bathrooms, and panoramic views that stretch from ocean to bay to city skyline. A wraparound terrace invites endless sunrises & sunsets, while the sleek Boffi kitchen and open living spaces make entertaining effortless. The oceanfront primary suite features dual walk-in closets and dual ensuite baths with heated floors, with 4 Additional guest bedrooms. This Residence includes a poolside cabana complete with a shower as well 3 side by side parking spaces & a storage space in the garage. Conveniently positioned beside The Bath Club and La Gorce Country Club, with Bal Harbour Shops and South Beach moments away, this is Miami Beach living at its most captivating.

Property location

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5801 Collins Ave 1200, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms: 5
Bathrooms: 7
Living area: 4,599 sq ft
Flooring: Marble
Appliances: Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Bidet, Built In Features, Bathtub, Dual Sinks, Entrance Foyer, Eat In Kitchen, Living Dining Room, Pantry, Separate Shower, Elevator

Exterior & Structure

Property type: Condominium
Year built: 2002
Stories: 16
Architectural style: High Rise
Construction: Block
Exterior features: Balcony
Waterfront: Ocean Front
View: Ocean

Parking

Garage spaces: 3
Covered spaces: 3
Parking features: Assigned, Two Or More Spaces

HOA, Community & Financials

Association fee: $7,600 Monthly
Fee inclusions: Amenities, Common Areas, Maintenance Structure, Parking, Pools, Sewer, Security, Trash, Water
Amenities: Billiard Room, Bike Storage, Business Center, Cabana, Clubhouse, Fitness Center, Barbecue, Picnic Area, Spa Hot Tub, Trash, Elevators
Security: Door Man, Elevator Secured, Secured Garage Parking, Smoke Detectors
Pets allowed: Conditional, Yes
Annual tax: $0
Subdivision: VILLA DI MARE CONDO
County: Miami-Dade
Days on market: 192
MLS listing ID: A11979450
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

-$12,397

Cap rate: 2.2%
Net yield: 2.2%
Cash-on-cash return: -12.4%
Gross yield: 5.6%
Mortgage payment: $20,379/mo
Down payment: $1,074,750
Loan amount: $3,224,250
Annual NOI: $95,787

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