3737 Collins Ave S-1003, Miami Beach, FL 33140 — MLS photo

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3737 Collins Ave S-1003, Miami Beach, FL 33140

Active · Condominium

$3,399,000

3737 Collins Ave S-1003, Miami Beach, FL 33140

Beds
2
Baths
3
Living area
1,621 sq ft
$ / sq ft
$2,097/sq ft
Year built
2008
Lot size
—
HOA fee
$3,550 Monthly
Annual tax
$40,010

About this property

Perched on the coveted southwest corner of The Caribbean’s prized 03 line, this 10th-floor residence commands panoramic ocean, bay, and skyline views from every major room. A 700+ SF wraparound terrace creates true indoor-outdoor living overlooking the Atlantic. The 2-bedroom, 2.5-bath layout is wrapped in floor-to-ceiling glass, bringing natural light and water views throughout the residence. Located directly on the sand in the heart of Miami Beach’s Faena District, The Caribbean is surrounded by the area’s most important luxury destinations. Steps from Faena, The Edition, Soho Beach House, Fontainebleau, the Miami Beach Boardwalk, and the upcoming Aman Resort & Residences and Casa Cipriani. Residents enjoy 24-hour doorman and concierge service, a beachfront pool, direct ocean access with towel and chair service, fitness center, club room, wine cellar, and cigar humidor. A rare opportunity in one of Miami Beach’s most exclusive boutique oceanfront buildings.

Property location

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3737 Collins Ave S-1003, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,621 sq ft
Flooring
Other
Appliances
Dishwasher, Electric Water Heater, Other, Trash Compactor
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Other

Exterior & Structure

Property type
Condominium
Year built
2008
Stories
19
Architectural style
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors, Porch
Pool
Association, Heated
Waterfront
Ocean Access, Ocean Front
View
Ocean, Skyline, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Valet

HOA, Community & Financials

Association fee
$3,550 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Cable Tv, Hot Water, Maintenance Structure, Other, Pools, Security, Trash
Amenities
Beach Rights, Bike Storage, Fitness Center, Other, Pool, Sauna, Trash, Elevators
Security
Door Man, Elevator Secured, Other, Security Guard
Pets allowed
No, Yes
Annual tax
$40,010
Subdivision
THE CARIBBEAN CONDO
County
Miami-Dade
Days on market
15
MLS listing ID
A12025249
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

-$13,941

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.6%
Gross yield
4.3%
Mortgage payment
$16,113/mo
Down payment
$849,750
Loan amount
$2,549,250
Annual NOI
$26,059

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