Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 430 sq ft
Active · Condominium
$510,000
5445 Collins Ave 635, Miami Beach, FL 33140
- Beds
- 0
- Baths
- 1
- Living area
- 430 sq ft
- $ / sq ft
- $1,186/sq ft
- Year built
- 1966
- Lot size
- —
- HOA fee
- $872
- Annual tax
- —
About this property
Airbnb-Approved Condo!! Oceanfront building with direct access to the Miami Beach Boardwalk. Fully furnished studio at Castle Beach—one of only two buildings in Mid-Beach that allows daily rentals through Airbnb and other platforms, making it an excellent investment opportunity. Low maintenance fee includes all utilities (electric, water, cable), 24-hour security, beach access, and parking. Amenities include pool, gym, on-site restaurant, and mini market. Miami Beach and State of Florida licenses required for short-term rentals. Unit is rented until November 30, 2028. If you want your own piece of Miami, this Miami Beach gem is perfect for you. The building sits on four acres in one of the most desirable areas of Miami Beach—the sand is gold.
Property location
Get Directions5445 Collins Ave 635, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1966
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $872
- County
- Miami-Dade
- MLS listing ID
- A11995171
- 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
-$2,435
- Cap rate
- -0.0%
- Net yield
- -0.0%
- Cash-on-cash return
- -20.5%
- Gross yield
- 5.1%
- Mortgage payment
- $2,418/mo
- Down payment
- $127,500
- Loan amount
- $382,500
- Annual NOI
- -$212
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.