Active · Condominium
$660,000
6061 Collins Avenue 23a, Miami Beach, FL 33140
- Beds
- 2
- Baths
- 2
- Living area
- 1,393 sq ft
- $ / sq ft
- $474/sq ft
- Year built
- 1982
- Lot size
- —
- HOA fee
- $4,936 Quarterly
- Annual tax
- $2,882
About this property
AUCTION. This affordable condo unit offers ample living space with 2 beds, 2 baths, living room, a den/office, a dining area, and a large kitchen with ample storage. Enjoy ocean views from the attached balcony. Here's your perfect opportunity for a first home. Assigned parking is available, and the secured complex offers ocean views, with direct ocean access and boardwalk, and other great amenities. Don't miss your opportunity. Repairs and updates will be needed. Unit is sold as-is. Buyer must review all HOA requirements and special assessment information with the HOA. NOTE - Past due assessment would need to be remediated by Buyer.
Interior & exterior features
Appliances
- None
Cooling
- Central Air
Heating
- Central
Views
- Bay
- Ocean
Parking
- Assigned
- Covered
Interior features
- Bedroom On Main Level
- Main Living Area Entry Level
Pool
- None
- Association
- Community
Flooring
- Other
roof
- Concrete
- Other
construction
- Block
security
- Building Security
- Door Man
- Lobby Secured
association_amenities
- Pool
- Security
association_fee_includes
- Common Area Maintenance
- Cable Tv
- Internet
- Security
- Trash
- Water
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
-$1,509
- Cap rate
- 2.9%
- Net yield
- 2.9%
- Cash-on-cash return
- -9.8%
- Gross yield
- 7.9%
- Mortgage payment
- $3,129/mo
- Down payment
- $165,000
- Loan amount
- $495,000
- Annual NOI
- $19,436
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.