5700 Collins Ave 4N, Miami Beach, FL 33140 — MLS photo

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5700 Collins Ave 4N, Miami Beach, FL 33140

Active · Condominium

$395,000

5700 Collins Ave 4N, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,070 sq ft
$ / sq ft
$369/sq ft
Year built
1968
Lot size
—
HOA fee
$1,436
Annual tax
—

About this property

Remodeled 2 bed 2-bedroom/2 bathroom condo in prestigious waterfront building, located in Millionaire’s Row in the Heart of Miami Beach. This full-service building offers a multitude of amenities, including a front desk lobby attendant, 24-hour security, valet service, covered parking, a well-equipped fitness room, a waterfront pool with a barbecue area, a sauna, a yoga room, a business center, and a multimedia room, among others. Minutes from the finest restaurants, shopping, bars, and entertainment. Across the street from the crystal waters of the Atlantic Ocean and the oceanfront boardwalk. The maintenance fee covers A/C, water, high-speed internet, and Wi-Fi. Bike storage available and pets allowed. Building passed the 50-year recertification!

Property location

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5700 Collins Ave 4N, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,070 sq ft

Exterior & Structure

Property type
Condominium
Year built
1968

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,436
County
Miami-Dade
MLS listing ID
A12001433
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

-$1,454

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.8%
Gross yield
9.2%
Mortgage payment
$1,873/mo
Down payment
$98,750
Loan amount
$296,250
Annual NOI
$5,028

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