240 Collins Ave 2B, Miami Beach, FL 33139 — MLS photo

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240 Collins Ave 2B, Miami Beach, FL 33139

Active · Condominium

$380,000

240 Collins Ave 2B, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
665 sq ft
$ / sq ft
$571/sq ft
Year built
1970
Lot size
—
HOA fee
$864
Annual tax
—

About this property

1/1 Condo in South of Fifth with gated Parking | Walk to South Pointe Park & Prime Dining. Experience the pinnacle of Miami Beach in the well desired South of Fifth. À rare opportunity to own a 1-bedroom, 1-bathroom condo in a healthy and well managed building. This unit comes with abundant natural light, modern finishes, and a seamless flow for effortless living with a nice balcony.

Property location

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240 Collins Ave 2B, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
665 sq ft

Exterior & Structure

Property type
Condominium
Year built
1970

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$864
County
Miami-Dade
MLS listing ID
A12026976
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

-$1,471

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.6%
Gross yield
7.1%
Mortgage payment
$1,801/mo
Down payment
$95,000
Loan amount
$285,000
Annual NOI
$3,966

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