5601 Collins Ave 1110, Miami Beach, FL 33140 — MLS photo

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5601 Collins Ave 1110, Miami Beach, FL 33140

Active · Condominium

$750,000

5601 Collins Ave 1110, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
930 sq ft
$ / sq ft
$806/sq ft
Year built
1968
Lot size
—
HOA fee
$1,200 Monthly
Annual tax
$8,726

About this property

Oceanfront Building ,this unit with Direct Ocean Views Bright and spacious 930 sq ft condo located directly on the beach in Mid-Beach. Features a large master bedroom, a cozy second bedroom, two full bathrooms, and a private balcony with stunning ocean views. Convenience includes a stackable private washer/dryer inside the unit, plus a dedicated washer/dryer room on every floor. Enjoy direct beach access, oceanfront pool, fitness center, 24-hour security, and concierge. Prime location near South Beach, dining, and shopping. Perfect for primary residence, vacation home, or rental investment. Key Features: 930 sq ft 2 bedrooms | 2 baths Ocean-view balcony In-unit stackable W/D + floor laundry room Direct beach access & full amenities Sold with or without Furniture. Has Airbnb listing which may be transferred with upcoming rentals. Live steps from the sand with endless ocean views. Schedule your showing today!

Property location

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5601 Collins Ave 1110, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
930 sq ft
Flooring
Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1968
Stories
16
Architectural style
Cluster Home, High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Association, Heated
Waterfront
Ocean Access, Ocean Front
View
Water

Parking

Garage spaces
0
Covered spaces
0
Parking features
Attached, Garage, One Space, Valet

HOA, Community & Financials

Association fee
$1,200 Monthly
Fee inclusions
Association Management, Amenities, Cable Tv, Electricity, Hot Water, Internet, Laundry, Maintenance Grounds, Parking, Pools, Security, Water
Amenities
Bike Storage, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Trash, Elevators
Security
Secured Garage Parking, Security Guard, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$8,726
Subdivision
THE PAVILION CONDO
County
Miami-Dade
Days on market
124
MLS listing ID
A11988877
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

-$2,557

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.6%
Gross yield
6.0%
Mortgage payment
$3,555/mo
Down payment
$187,500
Loan amount
$562,500
Annual NOI
$11,984

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