5875 Collins Ave 906, Miami Beach, FL 33140 — MLS photo

Get More Info About This Property

5875 Collins Ave 906, Miami Beach, FL 33140

Active · Condominium

$989,000

5875 Collins Ave 906, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
833 sq ft
$ / sq ft
$1,187/sq ft
Year built
2008
Lot size
—
HOA fee
$2,252
Annual tax
—

About this property

Experience the epitome of luxury living in this exquisite oceanfront condo at MEI. Located on Miami Beach's prestigious Millionaire's Row, this boutique oceanfront building offers zen luxury living. The 833 SqFt unit boasts breathtaking sunrises over the ocean and sunsets of the downtown skyline city view from its expansive balcony. This unit has been renovated with new countertops in kitchen and updated bathrooms. Light, bright and airy 1 bed 1.5 bath with updated kitchen & top-of-the-line appliances. This building offers resort-style amenities including a pool, sauna, gym, spa, beach service, business center, and concierge services. Valet parking.

Property location

Get Directions

5875 Collins Ave 906, Miami Beach, FL 33140

Loading property location…

Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
833 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,252
County
Miami-Dade
MLS listing ID
A11988116
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

-$5,286

Cap rate
-0.7%
Net yield
-0.7%
Cash-on-cash return
-22.9%
Gross yield
5.1%
Mortgage payment
$4,688/mo
Down payment
$247,250
Loan amount
$741,750
Annual NOI
-$7,173

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