5151 Collins Ave 1520, Miami Beach, FL 33140 — MLS photo

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5151 Collins Ave 1520, Miami Beach, FL 33140

Active · Condominium

$875,000

5151 Collins Ave 1520, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,500 sq ft
$ / sq ft
$583/sq ft
Year built
1966
Lot size
—
HOA fee
$1,533 Annually
Annual tax
$12,680

About this property

Oceanfront building, the iconic Seacoast, designed by Ted Lapidus. This 2BR/2BA, 1,550 SF home offers sweeping, unobstructed views over Indian Creek, the lush golf course, waterfront estates, and the Downtown Miami skyline beyond. A well-positioned residence with the opportunity to personalize and elevate its full potential. Full-service oceanfront building with direct beach access and beach service, valet, and premium amenities. Highly flexible rental policy (up to 12x/year), a rare offering on Miami Beach. A unique opportunity to secure scale, views, and flexibility in one of Miami Beach’s classic oceanfront addresses.

Property location

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5151 Collins Ave 1520, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,500 sq ft
Flooring
Laminate
Appliances
Dishwasher, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bathtub, Elevator

Exterior & Structure

Property type
Condominium
Year built
1966
Stories
17
Construction
Block
Exterior features
Balcony, Barbecue, Courtyard, Storm Security Shutters
Pool
Association
Waterfront
Bayfront
View
Bay, Canal, Intercoastal

Parking

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

HOA, Community & Financials

Association fee
$1,533 Annually
Fee inclusions
Association Management, Cable Tv, Hot Water, Insurance, Internet, Maintenance Grounds, Parking, Pools, Recreation Facilities, Reserve Fund, Roof, Security, Trash, Water
Amenities
Boat Dock, Bike Storage, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Storage, Trails, Trash, Elevators
Security
Closed Circuit Cameras, Complex Fenced, Door Man, Secured Garage Parking, Intercom, Key Card Entry, Lobby Secured, Security Guard, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$12,680
Subdivision
SEACOAST 5151 CONDO
County
Miami-Dade
Days on market
96
MLS listing ID
A12021325
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

-$1,248

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-6.1%
Gross yield
7.0%
Mortgage payment
$4,148/mo
Down payment
$218,750
Loan amount
$656,250
Annual NOI
$34,804

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