5900 Collins Ave 404, Miami Beach, FL 33140 — MLS photo

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5900 Collins Ave 404, Miami Beach, FL 33140

Active · Condominium

$545,000

5900 Collins Ave 404, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
970 sq ft
$ / sq ft
$562/sq ft
Year built
1998
Lot size
—
HOA fee
$1,781 Monthly
Annual tax
$7,000

About this property

Well-maintained property with an owner who clearly values quality, attention to detail, and excellent upkeep. The unit has been freshly painted, The living room and bedrooms offer direct balcony access with beautiful views, creating a bright and relaxing atmosphere throughout the home. The two spacious bedrooms provide both comfort and privacy, making the unit ideal for peaceful everyday living. The master bathroom features a private jacuzzi. The building’s common areas are truly impressive. Residents enjoy 24-hour security and package room for added convenience. There are multiple lounge areas with stunning water views, as well as an indoor entertainment room equipped with a full kitchen, TV, sofas, tables, and a private bathroom — ideal for hosting guests or small gatherings. The pool deck is a true highlight, featuring a heated pool, spa, fully equipped kitchen, seating areas, private restroom, and breathtaking waterfront views where you can watch boats pass by while relaxing in style. No parking headaches here, includes one assigned parking space — valet service is aslo available for both residents and guests. All Special Assessments are paid in full!

Property location

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5900 Collins Ave 404, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
970 sq ft
Flooring
Ceramic Tile, Hardwood, Laminate, Wood
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans
Heating
Central, Electric
Interior features
Handicap Access, Other, Walk In Closets, Elevator

Exterior & Structure

Property type
Condominium
Year built
1998
Stories
16
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Barbecue, Deck
Pool
Association
Waterfront
Canal Front
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Covered, Garage, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$1,781 Monthly
Fee inclusions
Amenities, Common Areas, Maintenance Structure
Amenities
Marina, Bike Storage, Community Kitchen, Fitness Center, Barbecue, Other, Picnic Area, Pool, Sauna, Spa Hot Tub, Elevators
Security
Elevator Secured, Secured Garage Parking, Key Card Entry, Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, Cats Ok, Dogs Ok, Yes
Annual tax
$7,000
Subdivision
THE GRANDVIEW CONDO
County
Miami-Dade
Days on market
13
MLS listing ID
A12024268
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

-$2,345

Cap rate
0.5%
Net yield
0.5%
Cash-on-cash return
-18.4%
Gross yield
7.1%
Mortgage payment
$2,584/mo
Down payment
$136,250
Loan amount
$408,750
Annual NOI
$2,859

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