5959 Collins Ave 906, Miami Beach, FL 33140 — MLS photo

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5959 Collins Ave 906, Miami Beach, FL 33140

Active · Condominium

$8,250,000

5959 Collins Ave 906, Miami Beach, FL 33140

Beds
4
Baths
6
Living area
4,135 sq ft
$ / sq ft
$1,995/sq ft
Year built
2005
Lot size
—
HOA fee
$9,324 Monthly
Annual tax
$88,989

About this property

Welcome to Residence 906 at The Bath Club! One of Miami Beach's most coveted addresses on Millionaire's Row. This direct oceanfront residence offers 4,135 Sq.Ft. of impeccably finished living space with 4 bedrooms, 5.5 bathrooms, and sweeping unobstructed white-sand beach views from every main living area. Soaring 10-foot ceilings and floor-to-ceiling impact glass create a light-filled, resort-caliber atmosphere throughout. The chef's kitchen features custom walnut cabinetry, thick marble countertops and backsplash, Miele built-in espresso machine, stacked wall ovens, professional induction cooktop island, and Sub-Zero refrigeration. A dedicated media/family room showcases a 120-inch screen projector with ambient lighting and integrated in-ceiling surround sound. The oceanfront terrace is ideal for entertaining. Full designer furniture package included, true turnkey/move-in ready delivery. Residence includes two assigned parking spaces. Situated within a gated 5.3-acre enclave featuring 540 feet of pristine Atlantic Ocean beachfront, The Bath Club offers 5-star amenities: private beach service, resort pool, clay tennis courts, health spa, valet, 24-hour security, concierge, and in-residence dining. The "06" line is one of the most sought-after floor plans in the building. A rare opportunity to acquire one of the largest, best-finished residences at the prestigious Bath Club.

Property location

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5959 Collins Ave 906, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
4
Bathrooms
6
Living area
4,135 sq ft
Flooring
Ceramic Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Microwave, Other, Refrigerator
Cooling
Central Air, Electric
Heating
Electric
Interior features
Bedroom On Main Level, Breakfast Area, Closet Cabinetry, Dual Sinks, Eat In Kitchen, Jetted Tub, Kitchen Island, Living Dining Room, Separate Shower, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2005
Stories
20
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Pool
Association
Waterfront
Creek, Ocean Access, Ocean Front
View
Ocean, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Attached, Covered, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$9,324 Monthly
Fee inclusions
Amenities, Cable Tv, Electricity, Internet, Security, Water
Amenities
Billiard Room, Business Center, Elevators, Fitness Center, Playground, Pool, Spa Hot Tub, Tennis Courts, Trash
Security
Door Man, Elevator Secured, Secured Garage Parking, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$88,989
Subdivision
THE BATH CLUB
County
Miami-Dade
Days on market
0
MLS listing ID
A12007201
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

-$33,544

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.4%
Gross yield
4.4%
Mortgage payment
$39,109/mo
Down payment
$2,062,500
Loan amount
$6,187,500
Annual NOI
$66,788

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