2924 Collins Ave 301, Miami Beach, FL 33140 — MLS photo

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2924 Collins Ave 301, Miami Beach, FL 33140

Active · Condominium

$439,900

2924 Collins Ave 301, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
982 sq ft
$ / sq ft
$448/sq ft
Year built
1980
Lot size
—
HOA fee
$703
Annual tax
—

About this property

OCEAN VIEW PLAZA - 3rd FLOOR CORNER UNIT WITH TWO BALCONIES / EAST and NORTH EXPOSURES * * * GREAT and SPACIOUS CORNER UNIT LOCATED DIRECTLY ACROSS FROM THE OCEAN and THE NEW PEDESTRIAN WALK-WAY. 2 BED / 2 BATHROOM UNIT SPLIT FLOOR PLAN WHICH IS EXTREMELY SPACIOUS AND THE UNIT ALSO HAS TWO LARGE BALCONIES. ** BUILDING HAS LAUNDRY ROOM LOBBY FLOOR, SECURED ENTRY AND GATED COVERED PARKING. WALKING DISTANCE TO TONS OF EATERIES, STORES, PUBLIC TRANSPORTATION AND WALKING DISTANCE TO LINCOLN ROAD and SOUTH BEACH. NEXT DOOR TO STARBUCKS COFFEE! ACROSS FROM THE BUILDING YOU HAVE THE NEW PEDESTRIAN WALK-WAY and BEACH!! - ONE PARKING SPACE ASSIGNED. ** ACROSS STREET YOU HAVE RESTAURANT, SUBWAY, CAFE/BAKERY, SUPERMARKET and MOTECK. TENANT OCCUPIED - SHOWING WITH APPTM AMPLE TIME.

Property location

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2924 Collins Ave 301, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
982 sq ft

Exterior & Structure

Property type
Condominium
Year built
1980

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$703
County
Miami-Dade
MLS listing ID
A12026601
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

-$1,062

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.3%
Gross yield
8.1%
Mortgage payment
$2,085/mo
Down payment
$109,975
Loan amount
$329,925
Annual NOI
$12,279

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