5255 Collins Ave 8F, Miami Beach, FL 33140 — MLS photo

Get More Info About This Property

5255 Collins Ave 8F, Miami Beach, FL 33140

Active · Condominium

$1,145,000

5255 Collins Ave 8F, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,475 sq ft
$ / sq ft
$776/sq ft
Year built
1963
Lot size
—
HOA fee
$2,298 Monthly
Annual tax
$10,094

About this property

Casual elegance describes this BEACHFRONT pied-à-terre. NEWLY RENOVATED reconfigured 1475SF 2 Bedroom 2 Bath apartment w/stunning DIRECT OCEAN VIEWS. Offered TURNKEY/FURNISHED less certain art. Simply bring your clothes & toothbrush. Rarely available this 8th floor highly desirable F-line apartment is located in ICONIC OCEANFRONT BLDG by reputed architect Melvin Grossman on Millionaire’s Row. Contemporary finishes include 4x4 white porcelain floors, custom kitchen/bathroom vanities, picture frame molding wall accents, hurricane impact windows. Neutral furniture tones perfectly complement the apartment’s oceanfront panorama. Primary bedroom has oversized walk-in closet. Electric roll down shades throughout. Pet friendly bldg, 24hr concierge, valet, Fernando Wong designed pool deck, fitness center, private beach access with complimentary beach valet service. Assigned storage on floor & 1 assigned garage parking space.. MAINTENANCE INCLUDES ALL UTILITIES. Minutes to Design District, Bal Harbour, South Beach.

Property location

Get Directions

5255 Collins Ave 8F, Miami Beach, FL 33140

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,475 sq ft
Flooring
Other
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Zoned
Heating
None
Interior features
Entrance Foyer, Kitchen Island, Custom Mirrors, Other, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1963
Stories
15
Architectural style
High Rise
Construction
Block
Exterior features
Barbecue, Deck, Security High Impact Doors
Pool
Heated
Waterfront
Ocean Front
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$2,298 Monthly
Fee inclusions
Association Management, Cable Tv, Electricity, Hvac, Hot Water, Internet, Maintenance Grounds, Pest Control, Pools, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Bike Storage, Clubhouse, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Storage, Elevators
Security
Closed Circuit Cameras, Door Man, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$10,094
Subdivision
IMPERIAL HOUSE CONDO
County
Miami-Dade
Days on market
0
MLS listing ID
A12019444
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

-$4,011

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.0%
Gross yield
6.1%
Mortgage payment
$5,428/mo
Down payment
$286,250
Loan amount
$858,750
Annual NOI
$16,998

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