Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 790 sq ft
- Flooring
- Tile
- Appliances
- Electric Range, Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Other
Active · Condominium
$400,000
4747 Collins Ave 1108, Miami Beach, FL 33140
- Beds
- 1
- Baths
- 1
- Living area
- 790 sq ft
- $ / sq ft
- $506/sq ft
- Year built
- 1962
- Lot size
- —
- HOA fee
- $820 Monthly
- Annual tax
- $4,645
About this property
Opportunity to own a spacious 1-bedroom, 1-bath residence in the Mimosa, an oceanfront building in Miami Beach. Currently tenant occupied at $2,200/month through June 2027, offering immediate rental income for the next owner. The Mimosa offers a heated pool, fitness center, club room, children’s playground, garden seating, library, and laundry facilities on each floor. Conveniently located near shopping, dining, and everything Miami Beach has to offer. A great opportunity to own in an oceanfront building with a tenant already in place.
Property location
Get Directions4747 Collins Ave 1108, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1962
- Stories
- 16
- Architectural style
- High Rise
- Construction
- Block
- Exterior features
- None
- Pool
- Heated
- Waterfront
- Ocean Access
- View
- Intercoastal, Ocean
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- Assigned, One Space, Valet
HOA, Community & Financials
- Association fee
- $820 Monthly
- Fee inclusions
- Amenities
- Amenities
- Basketball Court, Clubhouse, Fitness Center, Laundry, Library, Pool
- Security
- Security Guard
- Pets allowed
- No
- Annual tax
- $4,645
- Subdivision
- MIMOSA CONDO
- County
- Miami-Dade
- Days on market
- 157
- MLS listing ID
- A12000458
- Listing status
- Active
Virtual tour
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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
-$1,067
- Cap rate
- 2.5%
- Net yield
- 2.5%
- Cash-on-cash return
- -11.4%
- Gross yield
- 7.6%
- Mortgage payment
- $1,896/mo
- Down payment
- $100,000
- Loan amount
- $300,000
- Annual NOI
- $9,953
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.