5900 Collins Ave 408, Miami Beach, FL 33140 — MLS photo

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5900 Collins Ave 408, Miami Beach, FL 33140

Active · Condominium

$818,000

5900 Collins Ave 408, Miami Beach, FL 33140

Beds
3
Baths
2
Living area
1,390 sq ft
$ / sq ft
$588/sq ft
Year built
1998
Lot size
—
HOA fee
$2,226
Annual tax
—

About this property

Beach Living at Its Best! Large Corner Unit 3 Bed/2 Bath with 1,390 Sq Ft and Breathtaking Intracoastal & City Views Facing East, North & West — Enjoy Spectacular Sunrises and Sunsets from 3 Wraparound Balconies. Private Coded Elevator Opens to Your Own Foyer. Bright and Spacious Layout with Abundant Natural Light and Floor-To-Ceiling Windows. Marble & Bamboo Flooring Throughout. Second Bathroom Features a New Shower. Open Kitchen with Granite Countertops and Window Facing the Water. New Stove & Dishwasher. Large Dining Area and Spacious Living Room Perfect for Entertaining. Primary Suite Features Large Walk-In Closets, Double Sinks, and Whirlpool Tub. Washer & Dryer inside the Unit. Full-Service Amenity Building Offering 24/7 Security, Gym, Pool, Rooftop Deck on the 18Th Floor, Jacuzzi, Sauna, Valet, and Beach Access Directly across the Street. Located on Famous Millionaire's Row across from the Ocean.

Property location

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5900 Collins Ave 408, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,390 sq ft

Exterior & Structure

Property type
Condominium
Year built
1998

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,226
County
Miami-Dade
MLS listing ID
A12021392
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

-$3,599

Cap rate
0.4%
Net yield
0.4%
Cash-on-cash return
-18.9%
Gross yield
7.0%
Mortgage payment
$3,878/mo
Down payment
$204,500
Loan amount
$613,500
Annual NOI
$3,342

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