7135 Collins Ave 625, Miami Beach, FL 33141 — MLS photo

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7135 Collins Ave 625, Miami Beach, FL 33141

Active · Condominium

$699,000

7135 Collins Ave 625, Miami Beach, FL 33141

Beds
2
Baths
2
Living area
1,455 sq ft
$ / sq ft
$480/sq ft
Year built
1970
Lot size
—
HOA fee
$1,854
Annual tax
—

About this property

Beautifully renovated building and condo located directly on the sand and in the heart of vibrant North Beach. Surrounded by exciting new projects, trendy restaurants, shops, and entertainment, this prime location offers the best of city living with the tranquility of oceanfront access. Just steps from pristine beaches, this property is perfect for enjoying the coastal lifestyle or as an excellent investment opportunity in one of Miami's fastest-growing neighborhoods."Den converted to 3 bedroom"

Property location

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7135 Collins Ave 625, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,455 sq ft

Exterior & Structure

Property type
Condominium
Year built
1970

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,854
County
Miami-Dade
MLS listing ID
A11991576
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

-$2,595

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-15.9%
Gross yield
7.8%
Mortgage payment
$3,314/mo
Down payment
$174,750
Loan amount
$524,250
Annual NOI
$8,621

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