5500 Collins Ave 304, Miami Beach, FL 33140 — MLS photo

Get More Info About This Property

5500 Collins Ave 304, Miami Beach, FL 33140

Active · Condominium

$1,050,000

5500 Collins Ave 304, Miami Beach, FL 33140

Beds
3
Baths
4
Living area
2,868 sq ft
$ / sq ft
$366/sq ft
Year built
1974
Lot size
—
HOA fee
$3,490
Annual tax
—

About this property

Corner unit in immaculate condition showcasing beautiful millwork, rich wood, and a Retro Miami Glam style, with stunning Intracoastal views overlooking the pool. The spacious living area opens to the wraparound balcony and flows into the dining room and kitchen, all capturing water views. Just off the kitchen is an in-unit washer and dryer, and a generous library/den with a wet bar adds great flexibility. The primary suite offers two walk-in closets and dual bathrooms, while the second bedroom features its own ensuite bath, along with a separate powder room for guests. Additional private storage is located outside the front door. The building features outstanding amenities, including a waterfront pool, tennis courts, a club room, gym, sauna, and an on-site restaurant.

Property location

Get Directions

5500 Collins Ave 304, Miami Beach, FL 33140

Loading property location…

Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,868 sq ft

Exterior & Structure

Property type
Condominium
Year built
1974

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,490
County
Miami-Dade
MLS listing ID
A12000295
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

-$3,498

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.3%
Gross yield
9.2%
Mortgage payment
$4,978/mo
Down payment
$262,500
Loan amount
$787,500
Annual NOI
$17,760

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