5700 Collins Ave 8K, Miami Beach, FL 33140 — MLS photo

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5700 Collins Ave 8K, Miami Beach, FL 33140

Active · Condominium

$465,000

5700 Collins Ave 8K, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
900 sq ft
$ / sq ft
$517/sq ft
Year built
1968
Lot size
—
HOA fee
$1,434
Annual tax
—

About this property

STUNNING PANORAMIC INTRACOASTAL VIEWS AND THE MIAMI SKYLINE FROM THIS LOVELY CONTEMPORARY 1BED / 1 BATH/1Guest BATH WASHER and DRYER , SPACIOUS BALCONY. BUILDING HAS GREAT FACILITIES, FULL SERVICE BLDG, POOL OVERLOOKING INDIAN CREEK INCLUDING DOCKING FACILITY. WITH GYM, YOGA ROOM, SAUNA, 1 ASSIGNED COVERED PARKING SPACE, 24HR SECURITY. BEAUTIFUL POOL AREA. MAINTENANCE INCLUDED A/C, WATER, BASIC CABLE. LOCATION, LOCATION !!!! SOUTH BEACH, ART DECO DISTRICT, BAL HARBOR & JUST STEPS AWAY FROM THE BEAUTIFUL BEACHES.

Property location

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5700 Collins Ave 8K, Miami Beach, FL 33140

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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
$1,434
County
Miami-Dade
MLS listing ID
A12029227
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

-$2,037

Cap rate
0.4%
Net yield
0.4%
Cash-on-cash return
-18.8%
Gross yield
7.5%
Mortgage payment
$2,204/mo
Down payment
$116,250
Loan amount
$348,750
Annual NOI
$2,011

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