5757 Collins Ave 703, Miami Beach, FL 33140 — MLS photo

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5757 Collins Ave 703, Miami Beach, FL 33140

Active · Condominium

$549,999

5757 Collins Ave 703, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,360 sq ft
$ / sq ft
$404/sq ft
Year built
1991
Lot size
—
HOA fee
$1,800
Annual tax
—

About this property

Back on the market!? L'Excellence million-dollar bldg on Miami Beach. Cash or private lending is available with no income or credit check. Bring all offers. Quick closing possible. Must Sell. BUYERS AND INVESTORS COME QUICKLY! LIVE AND LOVE IT HERE. VERY DESIRABLE RENTAL UNIT! Cash or private lending is available, with no income or credit check. Bring all offers. Quick closing possible. Must Sell. BUYERS AND INVESTORS COME QUICKLY! LIVE AND LOVE IT HERE. VERY DESIRABLE RENTAL UNIT! Lowest price in this gorgeous bldg and an excellent price for all of Miami Beach! Private and peaceful end location on the 7th floor. Come see this beauty! Enjoy the vacation resort life with beautiful water views. Absolutely gorgeous in every way. Recently upgraded in the most modern style with the finest attention to detail, almost everything looks like new! All laminate flooring with soundproofing throughout. Enjoy this desirable boutique building. Extremely spacious rooms with terraces and magnificent views. Take advantage of the amazing amenities, which include lobby security, check-in, two swimming pools, a gym, a conference room, 1 parking space plus free valet, and billiards & TV rooms. Enjoy vacation life all year round. Close to the beach, shopping, restaurants & expressways.

Property location

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5757 Collins Ave 703, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,360 sq ft

Exterior & Structure

Property type
Condominium
Year built
1991

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,800
County
Miami-Dade
MLS listing ID
A12021247
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

-$2,035

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-15.9%
Gross yield
8.6%
Mortgage payment
$2,607/mo
Down payment
$137,500
Loan amount
$412,499
Annual NOI
$6,868

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