7135 Collins Ave 525, Miami Beach, FL 33141 — MLS photo

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7135 Collins Ave 525, Miami Beach, FL 33141

Active · Condominium

$740,000

7135 Collins Ave 525, Miami Beach, FL 33141

Beds
3
Baths
2
Living area
1,455 sq ft
$ / sq ft
$509/sq ft
Year built
1970
Lot size
—
HOA fee
$1,900
Annual tax
—

About this property

AWESOME LOCATON AT THE VERY HEART OF "LITTLE BUENOS AIRES" IN MIAMI BEACH, AMPLE FLOOR PLAN COMPLETELY RENOVATED AND FULLY FURNISHED UNIT WITH LOTS OF UPGRADES AND PREMIUM APPLIANCEWS, CONDO BUILDING JUST COMPLETED MAJOR RENOVATIONS THROUGHOUT ALL COMMON AREAS AND AMENITIES!!! GREAT OPPORTUNIT TO OWN YOUR PLACE AT A VERY SOUGHT-AFTER NEIGHBORHOOD FEATURING WORLD-CLASS ENTERTAINMENT, SHOPPING, BEACHES, TOURIST ATTRACTIONS AND MUCH MORE!!! THE EXISTING CONDO HOA SPECIAL ASSESSMENT WILL BE PAID IN FULL BY THE OWNER AT CLOSING. HOA MONTHLY FEES OF $1900, INCLUDES THE SPECIAL ASSESSMENT

Property location

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7135 Collins Ave 525, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
3
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
$1,900
County
Miami-Dade
MLS listing ID
A11993206
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

-$2,823

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.3%
Gross yield
7.5%
Mortgage payment
$3,508/mo
Down payment
$185,000
Loan amount
$555,000
Annual NOI
$8,223

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