Interior
- Bedrooms
- 6
- Bathrooms
- 6
Active · Condominium
$2,400,000
5445 Collins av 1730+1232+1424+928+724+12, Miami Beach, FL 33140
- Beds
- 6
- Baths
- 6
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1966
- Lot size
- —
- HOA fee
- $5,235
- Annual tax
- —
About this property
Unique investment opportunity featuring a package of 6 fully furnished studio residences at Castle Beach Club, located directly on the ocean in the heart of Miami Beach’s prestigious Millionaire’s Row. This income-producing portfolio includes units 1730, 1232, 1424, 928, 724, and 1203, offering exceptional flexibility for short-term rentals, vacation stays, or Airbnb operations with no rental limitations. The building offers resort-style amenities including beachfront access, swimming pool, fitness center, valet parking, and on-site conveniences, all just minutes from South Beach, Lincoln Road, and Bal Harbour Shops. Strong rental demand and Miami Beach’s year-round tourism make this an attractive opportunity for investors seeking immediate cash flow and future value appreciation.
Property location
Get Directions5445 Collins av 1730+1232+1424+928+724+12, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1966
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $5,235
- County
- Miami-Dade
- MLS listing ID
- A12025435
- 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
-$9,932
- Cap rate
- 0.7%
- Net yield
- 0.7%
- Cash-on-cash return
- -17.7%
- Gross yield
- 6.6%
- Mortgage payment
- $11,377/mo
- Down payment
- $600,000
- Loan amount
- $1,800,000
- Annual NOI
- $17,340
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.