Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 390 sq ft
Active · Condominium
$330,000
5445 Collins Ave 1606, Miami Beach, FL 33140
- Beds
- 0
- Baths
- 1
- Living area
- 390 sq ft
- $ / sq ft
- $846/sq ft
- Year built
- 1966
- Lot size
- —
- HOA fee
- $878
- Annual tax
- —
About this property
Discover Miami Beach living at its finest in this bay-view studio located on prestigious Millionaire’s Row at Millionaire's Row. Located inside the iconic Castle Beach Club, this unit offers stunning sunset and bay views, and the rare opportunity for short-term rentals, including Airbnb, making it a perfect passive income investment. Enjoy direct beach access, resort-style amenities, and one of the best investment locations in Miami Beach.
Property location
Get Directions5445 Collins Ave 1606, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1966
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $878
- County
- Miami-Dade
- MLS listing ID
- A12015965
- 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
-$1,708
- Cap rate
- -0.5%
- Net yield
- -0.5%
- Cash-on-cash return
- -22.2%
- Gross yield
- 5.9%
- Mortgage payment
- $1,564/mo
- Down payment
- $82,500
- Loan amount
- $247,500
- Annual NOI
- -$1,728
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.