2301 Collins Ave 427, Miami Beach, FL 33139 — MLS photo

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2301 Collins Ave 427, Miami Beach, FL 33139

Active · Condominium

$769,000

2301 Collins Ave 427, Miami Beach, FL 33139

Beds
0
Baths
1
Living area
760 sq ft
$ / sq ft
$1,012/sq ft
Year built
1926
Lot size
—
HOA fee
$1,538 Monthly
Annual tax
$8,029

About this property

New in the Market ! Charming and updated unit at the Roney Palace Condominium Take a piece of your paradise for living or short term rentals with proper licenses .Move-in ready.Beautifully configured junior bedroom offers style and confort through the unit .Featuring upgraded stainless steel appliances .Elegant porcelain flooring providing durability modern touch.Enjoy the convenience od separate laundry rooms on each floor.Relaxing in your own private Oasis Valet parking Security 24/7, Gym membership is not included.Easy access to the Beach.Schedule your private tour today .Investors alert.Sharing amenities with the Hotel

Property location

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2301 Collins Ave 427, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
760 sq ft
Flooring
Ceramic Tile
Appliances
Electric Range, Microwave
Cooling
Central Air
Heating
Central
Interior features
Breakfast Area, Eat In Kitchen, Custom Mirrors, Elevator

Exterior & Structure

Property type
Condominium
Year built
1926
Stories
17
Architectural style
High Rise
Construction
Brick, Block, Stucco
Exterior features
Security High Impact Doors
Pool
Heated
Waterfront
Canal Front, Ocean Access, Ocean Front
View
Canal

Parking

Garage spaces
1
Covered spaces
1
Parking features
Covered, Valet

HOA, Community & Financials

Association fee
$1,538 Monthly
Fee inclusions
Association Management, Amenities, Cable Tv, Hot Water, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Sewer, Security, Trash, Water
Amenities
Bike Storage, Laundry, Pool, Storage, Elevators
Security
Elevator Secured, Fire Alarm, Key Card Entry
Pets allowed
Size Limit, Yes
Annual tax
$8,029
Subdivision
RONEY PALACE CONDO
County
Miami-Dade
Days on market
6
MLS listing ID
A12009294
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

-$3,166

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-17.6%
Gross yield
5.4%
Mortgage payment
$3,645/mo
Down payment
$192,250
Loan amount
$576,750
Annual NOI
$5,748

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