1255 Collins Ave 504, Miami Beach, FL 33139 — MLS photo

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1255 Collins Ave 504, Miami Beach, FL 33139

Active · Condominium

$340,000

1255 Collins Ave 504, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
567 sq ft
$ / sq ft
$600/sq ft
Year built
1965
Lot size
—
HOA fee
$600
Annual tax
—

About this property

Live moments from the beach in this beautifully fully renovated 1 bed, 1 bath residence for Sale in the heart of Miami Beach. This bright unit features a brand-new kitchen with modern finishes, a stylishly updated bathroom, and a smart, comfortable layout. Perfectly located in one of the most desirable areas, you’ll enjoy easy access to the ocean, top dining, shopping, and entertainment. Ideal for those relocating, seeking a seamless move-in experience in a prime coastal setting. Easy to show. Leased until June of 2027.

Property location

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1255 Collins Ave 504, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
567 sq ft

Exterior & Structure

Property type
Condominium
Year built
1965

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$600
County
Miami-Dade
MLS listing ID
A12025910
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

-$1,188

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.0%
Gross yield
6.9%
Mortgage payment
$1,612/mo
Down payment
$85,000
Loan amount
$255,000
Annual NOI
$5,085

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