Active · Condominium
$649,900
5900 Collins Ave 601, Miami Beach, FL 33140
- Beds
- 3
- Baths
- 2
- Living area
- 1,390 sq ft
- $ / sq ft
- $468/sq ft
- Year built
- 1998
- Lot size
- —
- HOA fee
- $2,022 Monthly
- Annual tax
- $7,569
About this property
Luxurious waterfront residence on prestigious Millionaire's Row featuring breathtaking panoramic views of the Atlantic Ocean, Intracoastal Waterway, and Miami skyline from every room. This spacious 3BR/2BA condo offers floor-to-ceiling windows, abundant natural light, a private elevator foyer, and an expansive wraparound balcony perfect for enjoying spectacular sunrises and sunsets. Residents enjoy 24-hour security, secured entry, concierge services, and valet parking for added convenience and peace of mind. Includes assigned covered parking plus guest parking. Resort-style amenities include a heated waterfront pool, spa, fitness center, sauna, club room, marina, rooftop sun deck, bike and kayak storage, and easy beach access just steps away. Some photos may be virtually staged.
Interior & exterior features
Appliances
- Dryer
- Dishwasher
- Washer
Cooling
- Central Air
Heating
- Central
Views
- Bay
- Canal
- Ocean
- Water
Parking
- Attached
- Garage
- One Space
- Valet
Interior features
- Bedroom On Main Level
- Walk In Closets
Exterior features
- Balcony
- Storm Security Shutters
Pool
- Association
- Heated
Flooring
- Marble
construction
- Other
security
- Closed Circuit Cameras
- Complex Fenced
- Door Man
- Elevator Secured
- Secured Garage Parking
- Lobby Secured
- Security Guard
association_amenities
- Boat Dock
- Marina
- Clubhouse
- Community Kitchen
- Fitness Center
- Pool
- Sauna
- Spa Hot Tub
- Trash
- Elevators
association_fee_includes
- Association Management
- Hot Water
- Insurance
- Legal Accounting
- Maintenance Grounds
- Maintenance Structure
- Parking
- Pools
- Roof
- Sewer
- Security
- Trash
- Water
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
-$2,253
- Cap rate
- 1.5%
- Net yield
- 1.5%
- Cash-on-cash return
- -14.9%
- Gross yield
- 7.9%
- Mortgage payment
- $3,081/mo
- Down payment
- $162,475
- Loan amount
- $487,425
- Annual NOI
- $9,939
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.