5005 Collins Ave 1202, Miami Beach, FL 33140 — MLS photo

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5005 Collins Ave 1202, Miami Beach, FL 33140

Active · Condominium

$459,000

5005 Collins Ave 1202, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
1,046 sq ft
$ / sq ft
$439/sq ft
Year built
1964
Lot size
—
HOA fee
$1,467
Annual tax
—

About this property

INTERCOASTAL VIEWS, ALSO 40 YEAR INSPECTION HAS BEEN DONE AND ALL WORK COMPLETED. 1 BED ROOM plus CONVERED DEN, 2 BATH ROOM UNIT WITH GREAT INTERCOASTAL AND CITY VIEWS. LARGE LIVING AREA WITH UPDATED KITCHEN WITH STAINLESS APPLIANCES AND GRANIT TOPS. BUILDING WITH ALL AMENITIES "ON THE BEACH" POOL FACILITEIS, GYM AND BARBECUE AREAS. MAINTENANCE INCLUDE WATER, A/C , BASIC CABLE AND FUMIGATION. A/C UNIT IN THE UNIT IS NEW. PLEASE NOTE UNIT DOES NOT HAVE A BALCONY

Property location

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5005 Collins Ave 1202, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,046 sq ft

Exterior & Structure

Property type
Condominium
Year built
1964

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,467
County
Miami-Dade
MLS listing ID
A12032577
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

-$1,807

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.9%
Gross yield
8.2%
Mortgage payment
$2,176/mo
Down payment
$114,750
Loan amount
$344,250
Annual NOI
$4,428

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