Active · Condominium
$470,000
5401 Collins Ave 611, Miami Beach, FL 33140
- Beds
- 1
- Baths
- 2
- Living area
- 980 sq ft
- $ / sq ft
- $480/sq ft
- Year built
- 1967
- Lot size
- —
- HOA fee
- $1,372 Monthly
- Annual tax
- $6,715
About this property
Oceanfront living on Collins Avenue with direct, deeded access to the Atlantic’s pristine beaches. This bright 1-bedroom, 1.5-bath residence features an open layout, private balcony, and abundant natural light. Situated in the Carriage House on prestigious Millionaire’s Row, the building offers full-service amenities including an expansive oceanfront deck and heated pool area, tennis courts, fitness center, 24-hour attended lobby, and the convenience of assigned parking complemented by valet parking services, along with a selection of on-site conveniences including dining, market, and service offerings. A well-positioned opportunity for end users or investors seeking a Miami Beach lifestyle, just minutes from South Beach, Bal Harbour, and the best of the area’s dining, shopping, and entertainment.
Interior & exterior features
Appliances
- Dishwasher
- Electric Range
- Microwave
- Refrigerator
Cooling
- Central Air
Heating
- Central
Views
- Intercoastal
- Ocean
Waterfront
- Ocean Access
- Ocean Front
Parking
- Assigned
- Covered
- One Space
- Valet
Interior features
- Bedroom On Main Level
- Bathtub
- First Floor Entry
Exterior features
- Balcony
- Tennis Courts
Pool
- Heated
Flooring
- Ceramic Tile
construction
- Brick
security
- Elevator Secured
- Key Card Entry
- Lobby Secured
association_amenities
- Basketball Court
- Bike Storage
- Fitness Center
- Pool
- Tennis Courts
- Trails
- Elevators
association_fee_includes
- Amenities
- Common Areas
- Cable Tv
- Electricity
- Maintenance Structure
- 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
-$1,682
- Cap rate
- 1.4%
- Net yield
- 1.4%
- Cash-on-cash return
- -15.3%
- Gross yield
- 7.8%
- Mortgage payment
- $2,228/mo
- Down payment
- $117,500
- Loan amount
- $352,500
- Annual NOI
- $6,547
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.