6801 Collins Ave 315 (door 302), Miami Beach, FL 33141 — MLS photo

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6801 Collins Ave 315 (door 302), Miami Beach, FL 33141

Active · Condominium

$419,000

6801 Collins Ave 315 (door 302), Miami Beach, FL 33141

Beds
1
Baths
1
Living area
873 sq ft
$ / sq ft
$480/sq ft
Year built
2008
Lot size
—
HOA fee
$2,939
Annual tax
—

About this property

JUST REDUCED FOR A QUICK SALE!! Prime passive income or vacation home opportunity at the iconic Carillon Center Tower! This upgraded, fully furnished 1-bed, 1-bath condo-hotel suite spans a generous 873 sq. ft. and offers maximum rental flexibility. The property can be rented on a daily basis via a third-party management company to maximize revenue, or seamlessly placed into the hotel’s hands-free program. Owners and guests enjoy 5-star resort amenities: a 70,000 sq. ft. oceanfront wellness center, 4 pools, private beach attendants, and over 20 complimentary daily classes (Yoga, Zumba, Spin). Perfectly situated on Collins Ave with effortless access to major transit arteries, fine dining, and everyday conveniences right outside your door. Please see broker remarks

Property location

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6801 Collins Ave 315 (door 302), Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
873 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,939
County
Miami-Dade
MLS listing ID
A12029363
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

-$3,382

Cap rate
-4.0%
Net yield
-4.0%
Cash-on-cash return
-34.6%
Gross yield
7.8%
Mortgage payment
$1,986/mo
Down payment
$104,750
Loan amount
$314,250
Annual NOI
-$16,743

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