Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 350 sq ft
Active · Condominium
$400,000
5445 Collins Ave 1424, Miami Beach, FL 33140
- Beds
- 0
- Baths
- 1
- Living area
- 350 sq ft
- $ / sq ft
- $1,143/sq ft
- Year built
- 1966
- Lot size
- —
- HOA fee
- $873
- Annual tax
- —
About this property
Renovated oceanfront studio at Castle Beach Club on Millionaire’s Row with no rental restrictions. Ideal for short-term rentals/Airbnb or personal use. Features tile flooring, ocean views, and resort-style amenities including direct beach access, pool, gym, valet, spa, Turkish bath, and 24/7 security. Prime Miami Beach location minutes from South Beach, Bal Harbour Shops, and Lincoln Road. Excellent investment opportunity with strong income potential. Portfolio of Six units can be sold together for $2.4mln: 1730, 1232, 1424, 928, 724, and 1203
Property location
Get Directions5445 Collins Ave 1424, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1966
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $873
- County
- Miami-Dade
- MLS listing ID
- A12025303
- 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
-$2,079
- Cap rate
- -0.5%
- Net yield
- -0.5%
- Cash-on-cash return
- -22.3%
- Gross yield
- 5.2%
- Mortgage payment
- $1,896/mo
- Down payment
- $100,000
- Loan amount
- $300,000
- Annual NOI
- -$2,192
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.