5601 Collins ave 1219, Miami Beach, FL 33140 — MLS photo

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5601 Collins ave 1219, Miami Beach, FL 33140

Active · Condominium

$495,000

5601 Collins ave 1219, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
930 sq ft
$ / sq ft
$532/sq ft
Year built
1968
Lot size
—
HOA fee
$1,174
Annual tax
—

About this property

Turn-key investment opportunity or the perfect coastal retreat! This fully furnished, oversized 1-bedroom, 1.5-bathroom unit is move-in ready and waiting for its next owner. Step inside to find a bright, open floor plan that leads to your private balcony boasting stunning, unobstructed Intracoastal views. Perfect for sunset cocktails or morning coffee. Whether you are looking for a high-potential rental or a personal sanctuary, this unit offers the ultimate South Florida lifestyle. Just minutes from the beach, dining, and shopping. Don’t miss out—bring your toothbrush and start living the dream today! special assessment: $197.23 expires 10/2028, $252.42 expires 12/2039, $170.32 expires 7/2038.

Property location

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5601 Collins ave 1219, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
930 sq ft

Exterior & Structure

Property type
Condominium
Year built
1968

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,174
County
Miami-Dade
MLS listing ID
A11993418
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

-$1,862

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.1%
Gross yield
7.4%
Mortgage payment
$2,347/mo
Down payment
$123,750
Loan amount
$371,250
Annual NOI
$5,820

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