4779 Collins Ave 1206, Miami Beach, FL 33140 — MLS photo

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4779 Collins Ave 1206, Miami Beach, FL 33140

Active · Condominium

$1,240,000

4779 Collins Ave 1206, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
1,100 sq ft
$ / sq ft
$1,127/sq ft
Year built
2000
Lot size
—
HOA fee
$1,533
Annual tax
—

About this property

Spectacular and spacious 1-bedroom + den, 2-bath residence at the prestigious Blue Diamond Condominium. The large and highly desirable floor plan features a versatile den currently converted into a second bedroom. This residence showcases stunning white porcelain flooring throughout, creating a bright and elegant ambiance. The expansive primary suite offers direct access to the terrace, a spacious walk-in closet, and a large en-suite bathroom with jacuzzi tub, separate shower, and dual vanity areas. The open living and dining areas flow seamlessly to the oversized terrace where breathtaking views of the Intracoastal, Miami skyline, and lush surroundings create the perfect backdrop for relaxing or entertaining. Floor-to-ceiling glass windows fill the residence with natural light, while electric shades throughout provide comfort and convenience. The primary bedroom is enhanced with custom designer drapery that add softness and sophistication. Blue Diamond offers premier oceanfront living with resort-style amenities, including beach service, fitness center, spa, tennis, pickleball, café, valet, security and more. Ideally located in Mid-Miami Beach, minutes from Bal Harbour, South Beach, dining, shopping, and entertainment.

Property location

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4779 Collins Ave 1206, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,100 sq ft

Exterior & Structure

Property type
Condominium
Year built
2000

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,533
County
Miami-Dade
MLS listing ID
A12019289
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

-$5,247

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.1%
Gross yield
5.2%
Mortgage payment
$5,878/mo
Down payment
$310,000
Loan amount
$930,000
Annual NOI
$7,576

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