6799 Collins Ave 205, Miami Beach, FL 33141 — MLS photo

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6799 Collins Ave 205, Miami Beach, FL 33141

Active · Condominium

$2,950,000

6799 Collins Ave 205, Miami Beach, FL 33141

Beds
3
Baths
3
Living area
1,860 sq ft
$ / sq ft
$1,586/sq ft
Year built
2008
Lot size
—
HOA fee
$6,798
Annual tax
—

About this property

Luxuriate in the art of living well in this exclusive Beach House abode w/glorious, direct ocean views featuring 2 ensuite bedrms, a den that offers the versatility of a 3rd ensuite bedrm & open concept living spaces bathed in sunlight affording stunning views. 11' ceilings, custom doors, tasteful marble flooring, designer fixtures & lighting, & a retractable downdraft range ventilation system are just a few of the special features in this well-appointed offering. You’ll be inspired to reach your health & wellness goals at The Carillon Resort complete w/a 70,000SF fitness center & world-class Spa. Participate in any number of curated classes throughout the day. Rejuvenate, restore, & be pampered! ONE YEAR'S WORTH OF HOA PAYMENTS PAID AT CLOSING - $70,000 VALUE!

Property location

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6799 Collins Ave 205, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,860 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$6,798
County
Miami-Dade
MLS listing ID
A12013536
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

-$16,859

Cap rate
-1.2%
Net yield
-1.2%
Cash-on-cash return
-24.5%
Gross yield
4.7%
Mortgage payment
$13,985/mo
Down payment
$737,500
Loan amount
$2,212,500
Annual NOI
-$34,497

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