5880 Collins Ave 1006, Miami Beach, FL 33140 — MLS photo

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5880 Collins Ave 1006, Miami Beach, FL 33140

Active · Condominium

$370,000

5880 Collins Ave 1006, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
746 sq ft
$ / sq ft
$496/sq ft
Year built
1989
Lot size
—
HOA fee
$834 Monthly
Annual tax
$4,454

About this property

EXCELLENT BOUTIQUE STYLE CONDO LOCATED IN SOUGHT AFTER AREA, MILLIONAIRES ROW. UNIT IS A LARGE 1 BEDROOM 1.5 BATHROOMS WITH A LARGE WALK-IN CLOSET. REMODELED MASTER BATHROOM, LARGE KITCHEN. VERY LARGE BALCONY FACING COLLINS AVE, GREAT FOR ENTERTAINMENT. 1 ASSIGN COVERED PARKING PLUS PLENTY OF GUESTS: 24-HOUR SECURITY AND LOBBY ATTENDANT. HOA INCLUDES CABLE TV WITH PREMIUM CHANNELS, INTERNET, WATER & SEWER, AND PEST MAINTNANCE.

Property location

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5880 Collins Ave 1006, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
746 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Disposal, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Other

Exterior & Structure

Property type
Condominium
Year built
1989
Stories
14
Architectural style
Other
Construction
Block
Exterior features
Other
Pool
Association
Waterfront
Canal Front, Intracoastal Access
View
Bay, Canal, Intercoastal

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, One Space

HOA, Community & Financials

Association fee
$834 Monthly
Fee inclusions
Amenities, Maintenance Grounds, Pools, Trash
Amenities
Pool, Elevators
Security
Elevator Secured, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$4,454
Subdivision
LA RIVE GAUCHE CONDO
County
Miami-Dade
Days on market
65
MLS listing ID
A12007536
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

-$1,051

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.2%
Gross yield
7.7%
Mortgage payment
$1,754/mo
Down payment
$92,500
Loan amount
$277,500
Annual NOI
$8,436

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