5700 Collins Ave 5J, Miami Beach, FL 33140 — MLS photo

Get More Info About This Property

5700 Collins Ave 5J, Miami Beach, FL 33140

Active · Condominium

$490,000

5700 Collins Ave 5J, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
900 sq ft
$ / sq ft
$544/sq ft
Year built
1968
Lot size
—
HOA fee
$1,433
Annual tax
—

About this property

Incredible direct water views and Miami skyline from all rooms! This large, unfurnished one bedroom/ one and a half bathroom has been renovated and features open white kitchen with stainless steel appliances, white quartz countertops, Italian porcelain floors and Swiss laminate floors, ample closet spaces, large balcony. Unit comes with one assigned parking space #187 in the garage and one storage space. Enjoy all amenities the Seacoast 5700 has to offer, 24 hour security, valet, gym, yoga room, heated pool, sauna, barbecue, boat dock marina, walk to the beach and the ocean. Building passed 50-year recertification, maintenance includes AC, water, high-speed internet, no short-terms rentals are allowed, pet friendly building. See Broker remarks.

Property location

Get Directions

5700 Collins Ave 5J, Miami Beach, FL 33140

Loading property location…

Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
900 sq ft

Exterior & Structure

Property type
Condominium
Year built
1968

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,433
County
Miami-Dade
MLS listing ID
A12027473
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

-$2,146

Cap rate
0.4%
Net yield
0.4%
Cash-on-cash return
-18.8%
Gross yield
7.3%
Mortgage payment
$2,323/mo
Down payment
$122,500
Loan amount
$367,500
Annual NOI
$2,118

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