Cays Realty
5025 Collins Ave 2206, Miami Beach, FL 33140 — MLS photo

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5025 Collins Ave 2206, Miami Beach, FL 33140

Active · Condominium

$3,700,000

5025 Collins Ave 2206, Miami Beach, FL 33140

Beds
3
Baths
3
Living area
1,860 sq ft
$ / sq ft
$1,989/sq ft
Year built
1995
Lot size
—
HOA fee
$3,236 Monthly
Annual tax
$25,932

About this property

Stunning oceanfront residence at Capobella Condo. This spacious 3-bedroom, 3-bath unit offers 1,860 SF of living space plus 500 SF of terrace on the 22nd floor with breathtaking direct ocean views. Featuring a bright and open layout, this residence includes 2 parking spaces and is located in a full-service building with resort-style amenities. Enjoy direct beach access and an exclusive Miami Beach lifestyle. Prime Collins Ave location near top dining, shopping, and entertainment. A rare opportunity to own a high-floor oceanfront unit in one of Miami Beach's most desirable buildings.

Property location

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5025 Collins Ave 2206, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,860 sq ft
Flooring
Marble, Tile
Appliances
Built In Oven, Dryer, Dishwasher, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Bathtub, Entrance Foyer, First Floor Entry, Main Level Primary, Split Bedrooms

Exterior & Structure

Property type
Condominium
Year built
1995
Stories
25
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Heated
Waterfront
Ocean Access, Ocean Front
View
Intercoastal, Ocean

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Covered

HOA, Community & Financials

Association fee
$3,236 Monthly
Fee inclusions
Common Areas, Insurance, Maintenance Structure, Sewer
Amenities
Business Center, Clubhouse, Fitness Center, Pool, Sauna, Spa Hot Tub, Elevators
Security
Closed Circuit Cameras, Elevator Secured, Secured Garage Parking, Lobby Secured
Pets allowed
No
Annual tax
$25,932
Subdivision
CAPOBELLA CONDO
County
Miami-Dade
Days on market
140
MLS listing ID
A12010107
Listing status
Active

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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

-$12,925

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.0%
Gross yield
4.4%
Mortgage payment
$17,540/mo
Down payment
$925,000
Loan amount
$2,775,000
Annual NOI
$55,384

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