Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 930 sq ft
- Flooring
- Tile
- Appliances
- Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Cooling
- Central Air
- Heating
- None
- Interior features
- Bedroom On Main Level, Walk In Closets
Active · Condominium
$449,900
5601 Collins Ave 1718, Miami Beach, FL 33140
- Beds
- 1
- Baths
- 2
- Living area
- 930 sq ft
- $ / sq ft
- $484/sq ft
- Year built
- 1968
- Lot size
- —
- HOA fee
- —
- Annual tax
- $7,593
About this property
Breathtaking views of the bay and intracoastal from this comfortable and spacious apartment on the 17th floor. A fantastic opportunity to update and customize this space into a profitable investment property or your perfect vacation retreat. This desirable building offers a 24 hrs security, a heated pool, barbecue area, beautiful maintained patio, and a state-of-the-art gym. Short term rentals are allowed, making this an excellent income-producing opportunity. Enjoy it as your personal getaway or generate rental income year-around.
Property location
Get Directions5601 Collins Ave 1718, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1968
- Stories
- 18
- Architectural style
- High Rise
- Construction
- Block
- Exterior features
- Barbecue, Deck, Security High Impact Doors, Patio
- Pool
- Heated
- View
- Bay, Intercoastal
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- One Space, Valet
HOA, Community & Financials
- Association fee
- $0 Monthly
- Fee inclusions
- Common Areas, Hot Water, Insurance, Internet, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Sewer, Security, Trash, Water
- Amenities
- Bike Storage, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Trash, Elevators
- Security
- Security Guard, Smoke Detectors
- Pets allowed
- No
- Annual tax
- $7,593
- Subdivision
- THE PAVILION CONDO
- County
- Miami-Dade
- Days on market
- 93
- MLS listing ID
- A12020886
- Listing status
- Active
Virtual tour
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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
-$408
- Cap rate
- 4.6%
- Net yield
- 4.6%
- Cash-on-cash return
- -3.9%
- Gross yield
- 7.8%
- Mortgage payment
- $2,133/mo
- Down payment
- $112,475
- Loan amount
- $337,425
- Annual NOI
- $20,697
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.